Marijuana growers diversify with hemp amid CBD boom

Jordin Hoefler (left) hands out a free dark chocolate edible to Tyler Rhodes (center) and Spencer Rhodes during the CBD Express grand opening April 20 in Salem, Ore. The business sells CBD oils and CBD products. Applications for state licenses to grow hemp, marijuana’s non-intoxicating cousin, have increased since 2015, and Oregon now ranks No. 2 behind Colorado among the 19 states with hemp cultivation.

SPRINGFIELD, Ore. – 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, making Oregon No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a

... read more at: http://www.nwherald.com/2018/05/14/marijuana-growers-diversify-with-hemp-amid-cbd-boom/al05qhp/

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