Just as it appears that Indiana has sorted out their CBD laws and realized that yes, it most likely is legal in their state, after an embarrassing blunder of ill-thought-out store raids, Nebraska is questioning the legality of the natural extract in that state.
CBD water is getting a little more time in the sun. Within the last year, multiple bottled water companies have experimented with the potential of CBD-infused drinking water, with the goal of hydrating and nourishing the consumer while taking the edge off, but of course not getting you baked. Last December, Eater reported on one of the earliest vanguards of the market segment, EVERx CBD infused water.
A craft brewery in Vermont is introducing a CBD-honey-infused beer, which they are considering "Vermont's first CBD-infused IPA." Long Trail Brewing Company announced the new beer yesterday on their blog. (hat tip to Jane Street) Although not the first CBD beer, the combination is still pretty rare, and the commingling of cannabis and beer (both with or without THC) is a product category prime
Diamond CBD Partners With NFL Hall Of Famer, Lawrence "LT" Taylor For LT Pain Master, Extreme Sports Pain Relief Cream
According to a new report by Brightfield Group and HelloMD, CBD is projected to grow into a billion-dollar market by 2020.
Brightfield Group estimates that marijuana-derived CBD will hit $176 million and hemp-derived CBD will hit $291 million in 2017 for a total CBD market of $467 million. If the compound annual growth rate of 55% continues, CBD will crack the billion-dollar mark in 2020. That growth rate is expected to continue for the next five years.
Kentucky representative James Comer, a strong advocate of industrial hemp, has filed a bill in congress to revise the Controlled Substances Act to exclude hemp from the list of controlled substances, in order to allow states to study and grow the versatile and eco-friendly crop. This is welcome news for US CBD companies which have been operating in a gray area of the law for years.