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Shifts in Rules Concerning CBD Products

Shifts in Rules Concerning CBD Products
These also happen to be three of the five largest medical cannabis markets in the Country. For a market that had nearly one billion dollars ($1,000,000,000.00) in total market sales last year, these regulations could put a serious damper on what has been, to this point, a fairly open and unregulated marketplace. What is CBD and Hemp? CBD is the short name for the chemical compound known as cannabidiol. Cannabidiolis the non-psychoactive chemical in marijuana, and certain strains of the marijuana plant can grown to have high cannabidiol content and little to no tetrahydrocannabinol or THC, the psychoactive chemical compound in the marijuana plant. CBD has been demonstrated to have certain positive health effects, in much the same way as THC. So, I Want to Keep Selling CBD Products What Can I Do? Well, if you live in Michigan, Ohio, or California, you will have to obtain a provisioning center license (Michigan) or a dispensary license (Ohio & California).

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