We are now going to discuss cannabis products more in detail so as to clarify misconceptions that you may have and of course to educate you about the cannabis revolution that is now rapidly taking place around us.
In our previous post, we read about 2018 United States farm bill that became law on December 20, 2018.
Hemp Uses And History
Hemp uses and history is long and exhaustive.Industrial Hemp(all Cannabis breeds that are not psychoactive) has a low THC(Tetrahydrocannabinol) content of less than 0.3% making it impossible to have a psychoactive effect or”high”.This is considered to be legal. Hemp also has a high cannabinoid (CBD) content that acts as THC’s antagonist, essentially making the minimal amount of THC useless.
Marijuana on the other hand, has a THC content of between 5-35 %, has psychoactive effects and is grown in a controlled environment.
The confusion between industrial hemp and marijuana is based on the visual similarities of widely differentiated varieties of plants. The facts explained above should completely remove all doubts about the difference between industrial hemp and marijuana.
The fiber and seeds of industrial Hemp are incredibly valuable and this is why hemp is often called a “cash crop”.
Business Ventures With a Proven Track Record
If you are a new entrepreneur, you must be on a look out for those business ventures with a proven track record for success so that you can start generating income with the resources available to you.
The reason small business is mentioned is because, for a relatively new industry player or an entrepreneur, it is much easier to start off a business at a relatively lower scale.
It helps the entrepreneur to have better leeway and the relative pressure to work out resources is also much lesser.