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Marijuana growers turning to hemp as CBD extract explodes

Marijuana growers turning to hemp as CBD extract explodes

SPRINGFIELD, Ore. (AP) — A glut of appropriate cannabis is driving Oregon pot rates to rock-bottom levels, prompting some stressed growers to begin pivoting to a different sort of cannabis to help make ends meet one that is does not include a top.

Applications for state licenses to cultivate hemp — marijuana’s non-intoxicating relative — have increased significantly more than twentyfold since 2015, making Oregon # 2 diamond cbd, inc. behind Colorado one of the 19 states with active hemp cultivation. The market that is rapidly evolving amid skyrocketing need for a hemp-derived extract called cannabidiol, or CBD, seen by many people as a wellness help.

 
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