Marijuana has been legalized in Canada and yet Hemp as Medicine is still strictly regulated by the federal government. This needs to change.
Canadian hemp advocates are lobbying to have the regulations of hemp-derived cannabidiol revised. At the moment, CBD and marijuana are regulated in the same way under the Cannabis Act. This means that CBD is classified as a controlled substance.
The profit potential for the CBD industry is in the billions, but current regulations in Canada are hindering progress.
Meanwhile, now that hemp is legal in the United States, opportunities abound south of the border.
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