States Weigh In on CBD and Hemp in Marijuana Laws

Public interest in the potential health benefits of CBD (cannabidiol) is responsible for a whole new market segment of health and wellness foods and supplements that features CBD as an ingredient. CBD is one of more than 100 cannabinoids in the cannabis plant, but unlike THC (tetrahydrocannabinol), CBD is not psychoactive and won’t get the user “high.” The CBD market is expected to top $591 million this year, and with federal protections could grow to $22 billion by 2022. Fueling this trend is scientific and anecdotal evidence of CBD’s effect on anxiety, pain, inflammation, nausea and seizures, as well as its value in fighting the opioid crisis. 

Given this intense interest, the Wilson Elser Cannabis Law practice team receives daily calls from people who want to know, “Is CBD legal?” Most who have sought this answer online find overly simplistic conclusions or, worse, legal advice that is dangerously wrong.

... read more at: https://www.natlawreview.com/article/will-hemp-derived-cbd-be-fully-legal-passage-2018-farm-bill-not-quite

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