Posts Tagged ‘Farm Bill’
CBD Drinks: Next Big Disruptor in Beverage Industry?
Drinks infused with cannabis-derived cannabidiol (CBD) are in a prime position to bring disruption to the beverage sector. The growing consumer interest in hemp-derived CBD as a health supplement along with the recent passing of the Farm Bill has spawned a growing interest in CBD-infused drinks. In addition, the ever-increasing global trend to legalizing cannabis…
Read MoreCEOs of Medical Marijuana, Inc., Kannaway to Speak at CBD Symposium
Medical Marijuana, Inc. CEO Dr. Stuart Titus and Kannaway® CEO Blake Schroeder will speak at the CBD Symposium to be held Jan. 30 in Anaheim, California. The symposium, which will take place at the Anaheim Marriott 30 from 9:00 a.m. to 3:00 p.m. PST, is an invite-only event that will focus on direct selling market opportunities, as well as the many recent groundbreaking scientific advances of…
Read MoreHemp Legalized. Now What?
On December 20th, President Donald Trump signed the 2018 Farm Bill, So what does it mean for direct sellers eyeing the revenue potential of the cannabis market? The bill: Legalizes the production of industrial hemp. Puts the production of industrial hemp, now considered an agricultural product, under the supervision of the Agriculture Department. Removes CBD—the non-psychoactive compound found in hemp—from…
Read MoreForeverGreen to Unveil CBD Products
ForeverGreen™ Worldwide Corporation (OTCQB: FVRG) announced that it is currently formulating a line of products utilizing cannabidiol, or CBD. The Lindon, Utah-based direct marketing company stated it has had on-going discussions about using CBD in some of its top-selling products. Given the growing awareness of the potential health benefits of CBD, ForeverGreen, which has incorporated CBD…
Read MoreCongress Backs Farm Bill; Hemp Production Legalized
Update 12-21-2018: Good news for direct sellers looking to jump on the CBD bandwagon: Congress has backed the $867B Farm Bill, which legalizes the production of hemp. The House voted 386-47 in favor of the bill following an 87-13 thumbs up in the Senate the day before. The bill includes provisions that remove industrial…
Read MoreA Modern-Day Gold Rush?
Marijuana’s misunderstood sister hemp is projected to be a $22 billion market by 2020, but can it overcome the social stigma and federal regulations that threaten to hold it back? It’s been called the gateway crop. Thanks to its stalks topped with five leaves, hemp shares the same signature look as its intoxicating relative, the marijuana…
Read MoreCannabis Legislation Will Open New Doors for Direct Sellers
Next month, the U.S. Senate and House of Representatives are expected to meet to reconcile differences in their versions of the Farm Bill. One of the key points to be considered, the legalization of industrial hemp, is being carefully monitored by several direct selling companies looking to take part in what is expected to be…
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