As the cannabis market evolves with more states looking to legalize recreational marijuana, hemp, which is a derivation of the cannabis plant, is likewise gaining a foothold in the United States.
“The hemp market is slowly growing. It’s been in a bit of a gray area for a while and is now set to, I would say, explode in the US, with the passing of the new Farm Bill that has legalized hemp production across the US,” said Jacob Policzer (pictured), director of science and strategy at the Cannabis Conservancy, and a speaker at Cannabis Cover Masterclass Denver in March. “We’re seeing a lot of hemp development in traditionally tobacco areas, so the southeast of the US, for both the hemp fiber and CBD production.”
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