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CBD Is Just the Beginning of the Limitless Opportunities of Legal Hemp

Everybody is excited about CBD now but the potential of hemp as a basic material is immense over the long term.

This story appears in the May 2019 issue of Green Entrepreneur. Subscribe »

December 20, 2018, is basically hemp’s Fourth of July. That’s when President Trump signed the 2018 Farm Bill, making industrial hemp a lawful agricultural commodity nationwide for the first time in 80 years. 

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And what is “industrial hemp”? It’s a term for a specific variety of cannabis -- one that, by law, contains less than 0.3 percent of the psychoactive compound tetrahydrocannabinol (THC), which means it won’t get anyone high. At its core, industrial hemp is just a really hardy crop. It thrives in most soils, requires few chemical fertilizers or pesticides, and grows extremely fast, furiously absorbing carbon from the atmosphere from germination to harvest, when its real versatility shines. Its uses range from foods and medicines to textiles, construction materials, biofuels, and bioplastics. 

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