CBD monthly update - December 2018

We gathered the top CBD news from this month to keep you in the loop.

December 7, 2018

2 Min Read
CBD monthly update - December 2018

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Farm Bill finally on the brink of passing

The Hemp Farming Act, which is included in the bill, will permanently legalize hemp and hemp products such as CBD. The 2019 Farm Bill is expected to be signed into law this month. Read more at The Washington Post ... and read “Why the Farm Bill could make 2019 the year of CBD” at Yahoo News ...

Cannabis chromosome - and origins - revealed

Canadian researchers have published the world’s first cannabis sativa chromosome map, uncovering how hemp and marijuana evolved as separate strains with distinct chemical properties. The researchers expect their work will speed up efforts to create new strains with specific medical properties. Read more at ScienceDaily ... 

First East Asian country legalizes medical cannabis

Super conservative South Korea amended its Narcotics Control Act to allow medical use of low-THC, CBD-rich products. The move is a significant landmark in global industry growth and a turning point in how the plant is perceived in traditionally conservative societies. Read more at Marijuana Business Daily ...

Marlboro maker eyes cannabis co.

Cigarette producer Altria is in talks about a potential takeover of Canadian cannabis producer Cronos. Cronos Group stocks surged 11 percent the day Altria confirmed the talks. The news is the most recent evidence of interest in the industry by big tobacco and beverage brands like Coca Cola and Constellation Brands. Read more at The Guardian ...

'CBD is where the big money is'

Motley Fool analysts explain how marijuana stocks that incorporate CBD products have a much better opportunity to improve their operating margins over the long run. They also highlight Brightfield Group’s CBD market forecast for 147 percent growth over the next four years. Read more at The Motley Fool ...

 

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