Business, Nature

Is CBD Oil Legal in 50 States of the USA? – 2020

Image by Julia Teichmann from Pixabay The controversy surrounding legal medical marijuana has effectively turned it into the most popular topic across the country. Continuous efforts are being advocated towards legalizing CBD in more states of the USA.  Virtually every American is curiously keeping up with the news about it and looking for the answers to questions such as: “Which state would be the next to fully legalize marijuana? Who will be the latest politician to introduce the bill for legalization? The U.S. is inundated with these politically debatable questions. The politics in the U.S. may be rightly said to have been centered on the legislation of marijuana as some states were won over based on this premise. This scenario could have played out in the 2016 election, which proved not to be the best of elections for many reasons but was probably the reason for the victory (legalization of recreational weed) in the four states of Maine, California, Nevada, and Massachusetts.  Before this time, Colorado and Washington had legalized it in 2012. And they were later, in 2014, joined by Alaska and Oregon to become a part of the group of legalized weed states. Vermont was to follow on their heels in…

Continue Reading

Social media

Social Media Advertising Bane of The Big CBD Boom

The assent given by President Trump to the 2018 Farm Bill has thrown the U.S. marketing landscape into a frenzy and why not so? CBD is projected to rake in a staggering $23 billion by 2025. This, however, is fraught with some bottlenecks especially as it regards social media advertising. Vote Hemp’s report, that the total of 23,343 acres of hemp farmed across the nation in 2017, more than doubled in 2018, to 77,000 acres from over 3,500 participants is an indisputable sign that the CBD market is in for a big boom in years to come. This is in addition to the observation by the Federation of American Scientists who reported that the number of imported hemp from Canada and China is on the decrease, it was $67.3 million in 2017 compared to $78.1 million in 2015. Farmers are buoyed to invest more in hemp as a result of provisions in the Farm Bill that guaranteed them crop insurance, interstate transportation of their products, and basic banking facilities which are very vital but were only available to the typical and traditional farmers. There are high expectations of exceptional and bumper harvests and higher investments by brands in the CBD…

Continue Reading