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Farm Bill Loophole Seeds Competition Between Hemp and Marijuana

Aug 16, 2021

Video: Farm Bill Loophole Seeds Competition Between Hemp and Marijuana

As many state legislatures work through the question of legalizing recreational or medical marijuana, farmers are able to legally grow hemp in all 50 states. A report from Statista shows CBD, one of the commercial products made from hemp, generated sales of roughly $5 billion in 2020. Even with the potential of billions in sales, hemp growers without a plan are struggling.