Pueblo, Colorado City Council recently voted to give $8 million from the city’s “half-cent economic development sales tax” to help provide funding for CBD Biosciences. This funding would help the company launch a processing plant for hemp-oil. While hemp does contain THC, the levels are very low … [Read more...]
Florida Looking to Legalize Hemp, Could Open the Door for Hemp Oil Production
In Florida, there’s a law in the works to make hemp legal to grow in the Sunshine State which could pave the way for a multi-million dollar industry. According to the Hemp Industries Association, a nonprofit trade group representing businesses, farmers, researchers and investors working with … [Read more...]