Tag Archives: hemp

Guest view: Cannabis contains seeds of economic growth

It’s evident the cannabis industry is growing, thriving and impacting the economy in ways we have only just begun to comprehend. Last month, the York County Economic Alliance hosted our Economics Club breakfast series on the economics of the cannabis industry, featuring two industry leaders, Green Thumb Industries and Groff North America.

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CBD oil is hot. But will it burn out?

Sally Crowe of Shaffer’s Health Center restocks a display of CBD oil products for sale in the Allentown Farmers market shop. PHOTO/STACY WESCOE

Cannabidiol Oil – or CBD oil as it is commonly called – is hot right now. People are buying it, selling it and investing in it. CBD oil is made from oil in the seeds of hemp plants – whose cultivation was legalized under the 2018 federal farm bill, making the development of CBD-based products easier and less expensive. The oil ...

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Government agencies hoping to boost nascent hemp industry

Changes adopted under a federal farm bill passed in late 2018 declassified hemp as a Schedule 1 drug and allowed for wider cultivation across the country. But after an 80-year hiatus, much has changed in the world of commercial hemp farming. So, interested producers are taking baby steps towards what they hope will become a lucrative product. They need to ...

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