Passing of 2018 Farm Bill Activates CBD Stocks as Hemp Becomes Effectively Legal - InvestingChannel

Passing of 2018 Farm Bill Activates CBD Stocks as Hemp Becomes Effectively Legal

A landmark deal has recently been struck on the 2018 Farm Bill, ending months of partisan debate, and effectively legalizing the growing of hemp for the first time in nearly a century. The agreement’s impact is set to not only resonate across farmer’s fields in all 50 states, but also into hemp-related stocks such as CROP Infrastructure Corp. (OTC: CRXPF) (CSE: CROP), GW Pharmaceuticals plc (NASDAQ: GWPH), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Isodiol International Inc. (CSE: ISOL) (OTC: ISOLF), and Namaste Technologies Inc. (TSX.V: N) (OTC: NXTTF).

Technically speaking, hemp is a species of the cannabis plant containing less than 0.3% tetrahydrocannabinol (THC), the psychoactive ingredient in marijuana, but yielding its non-psychoactive cannabinoid cousin, cannabidiol (CBD). The key takeaway from this newly reached …View the full post at: Passing of 2018 Farm Bill Activates CBD Stocks as Hemp Becomes Effectively Legal

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