Marijuana growers turning to hemp as CBD extract explodes

SPRINGFIELD, Ore. (AP) — A glut of appropriate marijuana is driving Oregon cooking pot costs to rock-bottom amounts, prompting some stressed growers to start out pivoting to a different variety of cannabis to make ends meet one that is does not have a higher.

Applications for state licenses to grow hemp — marijuana’s cousin that is non-intoxicating have increased a lot more than twentyfold since 2015, making Oregon # 2 behind Colorado among the list of 19 states with active hemp cultivation. The quickly evolving market comes amid skyrocketing need for a hemp-derived extract called cannabidiol, or CBD, seen by numerous being a wellness help.
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