Hemp is seen by many farmers as having upside potential, but there are some grey areas. Producers hope that the legal and business support they need will be there in the future.
Insiders say that the infrastructure for an American hemp revolution is lacking. The crop’s initial buzz has already created a glut and is labor intensive, as high quality cannabidiol oil, or CBD, is extracted from hand harvested stock for the lion share of profits.
“It’s a miracle component that we should all add in our diets, as far as I’m concerned, in our everyday consumption,” Linda Bestland with Advanced Wellness in Colorado states.
Bestland recommends CBD for a broad range of health concerns: anxiety, stress, epilepsy, cancer, as an anti-inflammatory.
CBD production’s purity and traceability standards are shared by the local, organic farming community.
Brian Olesen, a former teacher and owner of a jam production business, voted against the legalization of marijuana in 2012.
Despite his opposition to marijuana, he has grown hemp the past few years and extracts CBD, adding it to his jams.
As miraculous health feedback pours in, quality controls make it easier for federally insured banks to work with the industry.
Some say that it is only a matter of time before corporations role in and smaller farms shift to a boutique model. However, federal changes have allowed early adopters in Colorado to loosen up business structure contortions in order to stay afloat during prohibition.