The first thing you need to understand about the CBD market if you’re going to invest would be the complicated legal situation.
After the Farm Bill which was passed in December of last year included industrialized hemp or Cannabis with a THC content of less than 0.3%, many analysts saw this as a big win for the industry. However, CBD products themselves still fall into a legal grey area.
Fun Fact! Did you know that the 1914 10 Dollar Bill was printed on Hemp Paper and that the picture on the back displays farmers plowing hemp?
This highlights a 1914 series $10 bill of a hemp harvest that is printed ‘right on the money.’ This paper was also made of hemp. The first Federal Reserve Bank notes were issued in 1914.
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Public support for Marijuana has grown steadily in the last few years, as the people have realized the medicinal advantages of Marijuana.
This growth in public support is creating a paradigm shift both in the medical community and government.
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