Marijuana growers turning to hemp as CBD extract explodes

Marijuana growers turning to hemp as CBD extract explodes

SPRINGFIELD, Ore. — A glut of appropriate cannabis is driving Oregon cooking cooking pot rates to rock-bottom levels, prompting some stressed growers to start out pivoting to a different kind 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 cousin — have increased significantly more than twentyfold since 2015, making Oregon # 2 behind Colorado one of the 19 states with active hemp cultivation. The quickly evolving market comes amid skyrocketing interest in a hemp-derived extract called cannabidiol, or CBD, seen by numerous as a wellness help. Continue reading “Marijuana growers turning to hemp as CBD extract explodes”