Hoban recently published a five-part series at Forbes.com in which he takes a deep dive on some of the most controversial issues in the hemp industry today. “Is CBD legal under the Controlled Substances Act?”He was only vaguely familiar with CBD at the time, and so he didn’t know the answer. The legal opinion he wrote based on his analysis was widely shared and ultimately was a contributing factor to the meteoric rise of CBD. Hoban refers to the derivatives, or IHDs, as “red state weed” because “much of this hemp derivative activity has become popular in so-called red states,” Hoban writes, where as Democratic-majority blue states are more likely to have avenues for legal marijuana through medical dispensaries or recreational shops. Red state weed has created headaches for lawmakers who are trying to figure out the best way to deal these substances.

Source: The Guardian February 21, 2024 22:15 UTC