Cannabis: The Next Frontier – A BizWest Special Report
Cannabis and industrial hemp are two of the fastest growing industries in Colorado, if not the nation.
In Colorado, about $1.7 billion worth of legal cannabis is sold a year, and $266 million in state taxes are collected. All without support from banks because of the federal prohibition on sale and use of marijuana.
Meanwhile, Colorado farmers registered 86,000 acres of land on which to grow hemp. Of that, 45,000 were planted. That’s up from 12,000 acres in 2017. Hemp, among the most versatile of crops that farmers plant and harvest, has found numerous uses, among them the extraction of CBD, a product that proponents claim has all manner of health-related uses. Almost none of the CBD uses has been vetted by clinical studies.
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In this special BizWest report, the industry, its future, the challenges and more are explored in detail. Find the reports at the following links.
Cannabis use, businesses continue growth
Hemp acreages explode with Farm Bill passage
Cannabis industry projected to grow long into future
Marijuana banking ban puts real estate out of reach
Cannabis and industrial hemp are two of the fastest growing industries in Colorado, if not the nation.
In Colorado, about $1.7 billion worth of legal cannabis is sold a year, and $266 million in state taxes are collected. All without support from banks because of the federal prohibition on sale and use of marijuana.
Meanwhile, Colorado farmers registered 86,000 acres of land on which to grow hemp. Of that, 45,000 were planted. That’s up from…
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