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With Too Much Marijuana On Market, Oregon Growers Cultivating Hemp

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With Too Much Marijuana On Market, Oregon Growers Cultivating Hemp

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By Gillian Flaccus

 

SPRINGFIELD, Ore. (AP) — A glut of legal marijuana has driven Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn’t come with a high.

 

Applications for state licenses to grow hemp — marijuana’s non-intoxicating cousin — have increased more than twentyfold since 2015, and Oregon now ranks No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived cannabinoid called cannabidiol, or CBD.

 

In its purified distilled form, CBD oil commands thousands of dollars per kilogram, and farmers can make more than $100,000 an acre growing hemp plants to produce it. That distillate can also be converted into a crystallized form or powder.....

 

 

 

https://www.marijuana.com/news/2018/05/with-too-much-marijuana-on-market-oregon-growers-cultivating-hemp/

 


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Marijuana Growers Turning to Hemp as CBD Extract Explodes

In its purified distilled form, CBD oil commands thousands of dollars per kilogram, and farmers can make more than $100,000 an acre growing hemp plants to produce it.

Posted: May. 14, 2018 3:48 PM
Updated: May. 14, 2018 3:48 PM
 

By GILLIAN FLACCUS , Associated Press

 

SPRINGFIELD, Ore. (AP) — A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn't come with a high.

 

Applications for state licenses to grow hemp — marijuana's non-intoxicating cousin — have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.....

 

 

 

http://www.kdrv.com/content/news/Marijuana-Growers-Turning-to-Hemp-as-CBD-Extract-Explodes-482600801.html


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Classy, sassy, and a bit of a smart assy

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Marijuana growers turning to hemp as CBD extract explodes

 

SPRINGFIELD, Ore. — A glut of legal marijuana is driving Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn’t come with a high.

 

Applications for state licenses to grow hemp — marijuana’s non-intoxicating cousin — have increased more than twentyfold since 2015, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a hemp-derived extract called cannabidiol, or CBD, seen by many as a health aid.....

 

 

 

 

 

https://www.thecannabist.co/2018/05/14/marijuana-growers-turning-to-hemp-as-cbd-extract-explodes/104482/


gallery_2188_61_23224.png  

Classy, sassy, and a bit of a smart assy

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