After decades of prohibition, the 2018 Farm Bill legalized the cultivation and sale of industrial hemp and its derivatives. Less than five years later, hemp has become a booming industry: hemp lends itself to a wide variety of industries, from health and wellness and nutrition to textiles and construction. The global hemp industry is growing rapidly, with experts expecting it to be worth $36 billion by 2026.
But unbeknown to many, despite all the mainstream attention hemp has been getting, July is National Hemp Month, with July 17–23 being Hemp History Week. National Hemp Month was initiated by cannabis firm cbdMD on Feb. 4, 2019, to clear up the myths and misconceptions surrounding hemp-based products…
NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CNW420.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer
Do you have questions or are you interested in working with CNW420? Ask our Editor
CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CNW420 is part of the InvestorBrandNetwork.