Los Angeles, California May 3, 2022, Cannabis Global, Inc. (CBGL), Cannabis Global, Inc., a licensed Los Angeles-based manufacturer and distributor in the cannabis sector, today announced an important supply agreement to solidify the Company’s position in the solventless cannabis product sector.

Under the terms of an agreement, Sugarmade, Inc. (SGMD) will cultivate cannabis specifically for Cannabis Global. The initial contract calls for the supply of 25,000 pounds of “Fresh Frozen” cannabis, which will be cultivated specifically to Cannabis Global’s specifications.

Fresh Frozen cannabis is immediately flash frozen upon harvest – instead of the traditional treatment of drying and curing after harvest.

This form of cannabis is almost exclusively used to create ultra-premium cannabis concentrates, such as live rosin, hash and live resin.

“This Agreement serves several very important purposes,” commented CEO Arman Tabatabaei. “By contracting with Sugarmade we will be able to specify exactly the strains and cultivation parameters that will enable us to produce the finest hash and rosin products for our customers. By locking in a $28 per pound future price, compared to the current spot price well in excess of $100 per pound, we expect our margins to be meaningfully enhanced. Perhaps even more importantly, having a steady supply of premium Fresh Frozen cannabis will allow us to provide consistency in our products and to ensure an adequate supply of products will be available to our very fast-growing base of retail customers. As we have recently announced, our retail base and our revenues are ramping quickly. This Agreement helps us to meet the substantial demand we are experiencing.

“The companies have signed a pre-booked, fixed-price contract for an initial 25,000 pounds for $700,000, which will include cash payments from Cannabis Global to Sugarmade of $300,000, with notes accounting for the remaining $400,000. Planting is expected to begin in mid-May and continue into early June. Cannabis Global will also hold an option to purchase additional pounds if the cannabis cultivation effort yields excess materials.

Mr. Tabatabaei continued, “We plan to process a significant amount of this material at our Lynwood California location. In addition, we will enter the wholesale space to supply up to 10 separate strains of Fresh Frozen Cannabis to other solventless manufacturers in the Los Angeles area. With the market for solventless products growing rapidly, we believe this agreement will be an important component of our future success.“

Cannabis Global plans to launch its premium rosin line under the Wolfgang Wax brand name by way of its recent acquisition of the Caliwanna, LLC brands. In addition, Cannabis Global will utilize the rosin concentrates produced from the biomass to enhance its rosin preroll and edible lines, and in the future for inclusion in cannabis beverages and tinctures, we are currently in development.

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A forbidden fiber in the U.S. since 1970, hemp has taken the heat for almost five decades.

Until the Farm Bill passed in December of 2018, hemp was federally illegal to grow for commercial purposes,

making it risky for businesses to invest in a new crop that was incorrectly classified as a drug.

Imagine a sweater softer than any fabric you’ve ever felt before, and more durable than cotton.

Imagine a car built with something lighter than steel that could stand 10 times the impact without denting.

Imagine if you could save four acres of trees by making pa

Imagine biodegradable Legos.

Now imagine all this possibility actually exists but you can’t enjoy any of it because people in power

once decided the plant from which it’s all derived has a scorned cousin named “marijuana.”

If you can wrap your mind around this dereliction of logic, only then can you begin to understand

the painfully silly policies America’s had in place that have kept hemp from coating our farmland with hues of pale yellow and light green.

That longstanding logic has been costly for our country. United States’ hemp prohibition has suppressed potential jobs for farmers, products for consumers, and medicine for patients.

Cousin or not, the reality is, hemp can’t get you high just as near beer can’t get you drunk. Despite all that–and while near beer takes up three spots in every Walmart in America–

hemp has been largely banned in the United States, until now.

To understand the differences between hemp and marijuana it’s critical to know what each distinctly different plant is capable of doing.

The Ministry of Hemp offers the most comprehensive and easily digestible explanation of hemp versus marijuanaThe 2018 Farm Bill: How we got here. Here’s what happened. Way back when, an angry and lobby-influenced Congress passed the Marihuana Tax Act of 1937, which effectively outlawed the possession of cannabis—including hemp—after hundreds of years of growth and use from the time of British colonization onward. While that law was repealed in the late 1960s, cannabis was quickly included as a Schedule 1 drug (the most “dangerous” class of drugs including heroin) in the Controlled Substances Act, a designation which continues to this day.

After 81 years, the 2018 Farm Bill represents the largest step towards undoing the racist and scientifically baseless legacy of the Marihuana Tax Act of 1937.

The 2018 Farm Bill officially reclassifies hemp for commercial uses after decades of statutes and legal enforcement conflating hemp and marijuana, the Farm Bill distinguishes between the two by removing hemp from the Controlled Substances Act. (While the two are closely related, hemp lacks the high concentration of THC that is responsible for the high from smoking marijuana.)This would effectively move regulation and enforcement of the crop from the purview of the Drug Enforcement Agency to the U.S. Department of Agriculture.

The 2018 Farm Bill expands upon provisions in the 2014 version of the annual bill, which created Hemp Pilot Programs. These Hemp Pilot Programs “created a framework for the legal cultivation by states of ‘industrial hemp’ without a permit from the Drug Enforcement Administration.” The 2014 Hemp Pilot Programs were a success for farmers and consumers across the U.S., from Colorado to North Carolina.

Senate Majority Leader Mitch McConnell continues to be ardently anti-marijuana, despite the success of these programs and the fact that 62% of Americans say recreational marijuana should be legal. Nevertheless, McConnell and Senate Republicans read the political tea leaves and will now recognize the important differences between marijuana and hemp. In doing so, they’re creating an exciting time for entrepreneurs, CBD advocates, and farmers across the country. US previous administration trade wars were hurting farmers to the tune of billions of dollars. Wheat, soybean, and corn farmers have been targeted by China as the potent measure in its escalating tariff battle with the U.S. In 2017, China imported more than $24 billion in agriculture products from the U.S. The world’s top wheat consumer, China and purchased 1.6 million tons of U.S. wheat worth $391 million. At the same time, China bought $14 billion in soybeans for personal and animal consumption from the U.S. last year–more than any other agricultural commodity, and the country’s corn imports from the U.S. were worth $160 million.

All that’s changed with the high trade tariffs Trump’s levied on countries who import our products. Analysts and existing evidence suggest the soybean trade conflicts will be in favor of fellow exporters, Brazil and Argentina, rather than the U.S. The tariff could drop China’s imports of soybeans by 69% on average. The estimated effect of China’s 25% tariff on U.S. soybean imports would cut income for a midsize Illinois grain farm by an average of 87% over four years, prompting a loss of more than $500,000 in the farm’s net worth by 2021. It’s a messy situation. Trump needed a win, and farmers did too. Distinguishing between commercial hemp and marijuana, legalizing the former, is that much-needed reprieve. “We’re so pleased farmers across America now have the freedom to consider integrating this important crop into their production, particularly with the trade concerns around other crops such as soybeans, corn, and wheat,” said Elizabeth Hogan, VP of Brands at GCH Inc., the company behind Willie Nelson’s cannabis brands. Hemp legalization will transform it from niche interest and return it to cash crop status.

Hemp is a farmer’s friend because compared with cotton, corn, and soybeans, it requires little water, isn’t picky when it comes to poor soil. It grows tightly spaced, thus crowding out weeds, and boasts a deep, soil-aerating root system. Despite all its advantages, and because growing it is illegal with the exception of limited licenses, the U.S. imports approximately $60 million worth of hemp from overseas countries like China. Political leverage This Farm Bill gave Trump Administration a powerful tool in their bargaining with China. As I wrote earlier this year in Forbes, China produces 50% of the world’s cannabis supply, with a large majority of that supply being the THC-lacking hemp variety; this gives China “massive economic potential” which “poses a threat to cannabis interests around the world and particularly in the U.S. market.”

Studies at Bejing’s Hemp Research Center revealed the variety of plant uses, prompting China to expand its hemp production which is a mere fraction of its world-leading cotton production. China not only has the product, but they have the cultivation techniques and commercial technologies to capitalize on that supply. And they are ramping up to leverage their competitive hemp advantage, expecting an eager demand from U.S. manufacturers given hemp’s rise in popular applications. By contrast, U.S. farmers grew merely 25,000 acres of hemp in the entire country in 2017. To give that context, that’s the same amount of land Bill Gates bought in Arizona to create a small, futuristic city.

That’s cool for a retirement project if you’re a billionaire, but hardly enough land to launch any sort of industry. And of that, about 70% of

which was used to make CBD oil. Only recently have we seen an increase in manufacturers using hemp fibers to make fabrics, construction materials, health products, and other consumer goods.

With the passage of the 2018 Farm Bill, America will have a chance to counter China’s massive influence in the cannabis hemp industry. But it will mean playing catch-up for the foreseeable future. Currently, hemp cultivation techniques in America lag far behind other crops—it still has to be harvested by hand even. Even though marijuana is legal in China, the country has funded research into the plant and its cultivation, placing it miles ahead of other countries. The Farm Bill will help hemp farmers and entrepreneurs.

The 2018 Farm Bill will radically overhaul America’s relation to hemp and could unleash a hemp renaissance in the coming years that will close the gap between the U.S. and China. As a Schedule 1 substance alongside marijuana, hemp farmers and entrepreneurs in the U.S. have faced many barriers to doing business. Interstate commerce for hemp products was almost non-existent and financing was difficult to come by. But all that is set to change.

According to the American Agriculturist, the 2018 Farm Bill will allow hemp to be regulated by the USDA, including the labeling of American-grown hemp as certified organic; interstate hemp commerce will be legalized; financing and research opportunities will open up; hemp farmers will be guaranteed water rights; the definition of hemp will be altered to make it a non-drug commodity.

Hemp has hundreds of uses, many of which are yet to be discovered or fully realized thanks to the lack of available research funds. From textiles and plastics to livestock feed and home cooking, hemp has many applications that can reduce our dependence both on other countries and fossil fuels. Driven by explosive growth in hemp-based consumer products, the global hemp market is expected to jump to $10.6 billion by 2025.

Everything from our vodka to our cars is waiting to be reimagined in the future with legal hemp. Many people won’t even realize how much their lives are affected by cannabis-based products. One of the most exciting applications of hemp lies in the extracted cannabinoids or CBD oil. According to the Washington Post, “dozens of studies have found evidence that the compound can treat epilepsy as well as a range of other illnesses, including anxiety, schizophrenia, heart disease, and cancer.” With the legalization of hemp, CBD can be regulated and researched much more than before to truly understand the medical efficacy for a wide range of diseases.

“We continue to see great progress towards a new perspective on cannabis within the US. Within healthcare, several conditions and certain patient profiles rely heavily on CBD-only products of which the proposed Farm Bill will work to dramatically improve access to patients – not only in the US but globally,” said Prad Sekar, CEO of CB2 Insights in a written interview. All of those uses make hemp a profitable cash crop for suffering farmers, with some early commercial growers reporting $100 per-acre more profit on hemp than canola. Hemp grown for CBD oil, on the other hand, can take in $8,000 per acre versus $600 per acre for corn. In particular, hemp can be a boon for arid western states. According to Pacific Standard,

Hemp is thus profitable and sustainable, two words which have eluded many U.S. farmers as of late. Hemp cultivation could provide much-needed relief as farmers struggle to find markets for millions of bushels of crops during the trade wars. Now, instead of importing an estimated $100 million of hemp products every year, that money will go to American farmers and entrepreneurs.

Bruce Perlowin, CEO of Hemp, Inc, believes hemp legalization will drive disenfranchised farmers “back-to-the-land” now that they’ll have a solid economic basis in industrial hemp to rely on. “Our strategy has been to partner with farmers across the country in states where hemp cultivation and manufacturing is legal to provide them with the infrastructure needed to make a profit off this incredible crop, and this bill will be an incredible boon for the American small family farm,” Perlowin continued “The health and wellness industries are in for a major overhaul with the massive research and development and exploration into CBD‘s, CBGs, CBN’s and 113 other cannabinoids as well as some 300 terpenes found in the industrial hemp plant.”

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Sometimes, I Wonder. Failing to remove the D.C. rider prevents the nation’s capital from using local tax dollars to implement its legal cannabis program

President Joe Biden has once again moved to exclude Washington, D.C. from legalizing marijuana sales as part of the budget proposal for Fiscal Year 2023, which he sent to Congress Monday.

Despite DC voters having overwhelmingly approved cannabis legalization in 2014, the district government has consistently been prevented by a legislative rider from implementing regulated cannabis sales each time the budget comes up. Failing to remove the D.C. rider prevents the nation’s capital from using local tax dollars to implement its legal cannabis program.

“The nation’s capital could be a model for how to get cannabis legalization right. Instead, it’s the very opposite, and President Biden now shares some of the blame, told US Cannabis Council

CEO Steven Hawkins, adding that the administration is fueling a dangerous gray market in the District of Columbia that operates with no standards or safeguards that targets underage consumers.

Last week, the Drug Policy Alliance along with more than 50 criminal justice reform, business, labor and drug policy organizations, sent a letter to House and Senate appropriators and Majority Leader Chuck Schumer and Speaker Nancy Pelosi, demanding to keep the removal of the appropriations rider that prevents DC from spending its own money to legalize and regulate adult-use marijuana sales.

In an election year with inflation off the charts and a war raging in Eastern Europe that could plunge the US economy into further crisis, one wonders why the administration would not seek to garner votes for its party’s candidates on a relatively non-controversial topic: cannabis legalization.

After all, nearly 70% of the country, Dems and Republicans alike obviously, have expressed their approval of it. And why would the president continually hamstring the nation’s capital wherein an equally vast majority voted to legalize and properly control cannabis?

“No one expects cannabis reform to be top of mind for a president facing down Russia, inflation and COVID-19. However, President Biden has consistently passed up opportunities to make good on his campaign commitments to pardon non-violent offenders, fund expungement programs, boost research and give states autonomy over their medical and adult-use programs,” said USCC’s Hawkins

But, if this bill gets stuck again, there may still be hope for federal cannabis legalization this session. Senate Majority Leader Chuck Schumer has been talking up his own cannabis legalization legislation and recently said there are plans to file it in April. It’s called the Cannabis Administration & Opportunity Act.

His bill would legalize marijuana on the federal level, but ultimately leave it up to states to decide if they want to legalize.

“We should decriminalize marijuana.” – President Joe Biden

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That doesn’t bode well for people in a state like Texas, which is actively trying to ban smokable hemp, and psychoactive hemp products like delta-8 THC. A legal decision on smokable hemp in Texas is expected this summer.

“In some cases, the administration has even gone in reverse on cannabis. “

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Marijuana Opportunity, Reinvestment and Expungement (MORE) Act is poised to end up on the House floor next week

Rumors of a floor vote, coming from a congressional staffer and a key advocate familiar with the high-level discussions are being fueled by a closed-to-press session held weeks ago by congressional Democrats at a party retreat.

The session featured a panel on advancing marijuana reform. Cannabis advocates have been working tirelessly to bring a bill to federally legalize cannabis, to the House floor again this month.

The Marijuana Justice Coalition (MJC), a broad coalition of national advocacy organizations convened by the Drug Policy Alliance, including the American Civil Liberties Union and Human Rights Watch, sent a letter to House Speaker Nancy Pelosi (D-CA) and House Majority Leader Steny Hoyer (D-MD) earlier this month, calling for a floor vote on the bill.

Nadler’s bill was approved 26-15, with 24 Democrats joined by two Republicans at the House Judiciary Committee this session in September.

Congressional Democrats Elevate Marijuana Equity Issues At Retreat Panel Focused On Legalization

Democratic congressional lawmakers convened for a policy retreat in Philadelphia on Thursday that featured a panel on advancing marijuana reform with a focus on promoting equity.

Rep. Barbara Lee (D-CA) moderated the cannabis panel, which largely centered on the need to ensure that those most impacted by prohibition can benefit from federal legalization. The Marijuana Opportunity, Reinvestment and Expungement (MORE) Act, sponsored by House Judiciary Chairman Jerrold Nadler (D-NY), was specifically discussed as advocates push for a floor vote on the proposal this month.

A Democratic congressional staffer familiar with the panel told that “the congresswoman’s feeling is still that racial justice and restorative justice needs to be at the centerpiece of any cannabis legislation that we put forward,” referring to Lee.

Notably, the event took place the day after the Democratic-controlled House approved a large-scale spending bill that continues a long-standing appropriations rider blocking Washington, D.C. from allowing cannabis commerce despite local voters’ approval of legalization at the ballot in 2014.

Despite that legislative setback for reform, sources emphasized that the panel discussion at the retreat focused on ensuring that equity is a focal point of any broader legalization legislation that advances on Capitol Hill.

Supernova Women Executive Director Amber Senter, who is a constituent of Lee’s and participated on the panel, told Marijuana Moment that there was extensive discussion about equity programs and clearing up misconceptions about who would qualify for equity benefits under proposed legalization legislation.

“I’m an operator and owner of a cannabis business in Oakland. And I wanted the lawmakers to understand the difference between social equity and black business,” she said, “because a lot of the lawmakers believe that they’re all the same—that if you’re a black person, you qualify for social equity, and that’s simply not true.”

“They were shocked. They were very intrigued, very engaged and want to follow up to learn how to protect black business,” Senter said.

Attendees seemed “very willing and open to learning more information about what’s happening from the operators’ perspective,” she said. “That was very encouraging. Lots of times in these types of settings, it’s policymakers that are speaking to the legislators, and they rarely get to hear from the operators on the ground who are affected by all these policies.”

Minority Cannabis Business Association (MCBA) Executive Director Amber Littlejohn, who also participated in the session, told Marijuana Moment that “it is encouraging to see House Democrats continue to consider this issue—important enough to dedicate this type of time and thought to it” at the retreat.

“It’s particularly encouraging that the panelists that there were folks that are really centered on equity and ensuring that, as we legalize, it will be rooted in equity,” she said.

That point was echoed by Maritza Perez, another were panelist who serves as director of the office of national affairs at the Drug Policy Alliance. She told Marijuana Moment that the MORE Act “continues to be the most far-reaching bill that addresses social equity in marijuana in Congress.”

Also speaking on the panel was the Brookings Institution’s John Hudak.

This isn’t the first time that congressional Democrats have put marijuana reform on the agenda for similar closed-door retreats. In 2019, Lee and Rep. Earl Blumenauer (D-OR)—who are both co-chairs of the Congressional Cannabis Caucus—also moderated a panel raising the issue to colleagues.

The agenda for that event touched on everything from the consequences of cannabis criminalization to frameworks that states have established as they’ve moved to enact legalization.

While it remains to be seen whether House leadership will put the MORE Act back on the floor this month, as advocates are pushing for, the bill did clear the Judiciary Committee in September. It passed the full chamber last session in a historic vote in 2020.

Ahead of Thursday’s Democratic caucus retreat, a GOP congressman, Rep. Jim Banks (R-IN), made a dismissive comment about the opposite party’s legislative priorities.

As questions were being raised about the timeline for the Democratic retreat amid negotiations over omnibus legislation, he made a sarcastic comment on Twitter: “Oh no! Will this delay the drag show or the discussion on racial equity in the cannabis industry?”

Members of the House Judiciary Committee advanced the bill sponsored by Congressman Jerrold Nadler (D-NY), in September. The bill was approved 26-15, with 24 Democrats joined by two Republicans.

The MORE Act repeals the long-standing federal prohibition of marijuana by removing it from the Controlled Substances Act — thereby ending the state/federal conflict over cannabis policies and providing state governments with greater authority to regulate marijuana-related activities, including retail sales.

“This legislation would end federal marijuana prohibition, address the collateral consequences of federal marijuana criminalization, and take steps to ensure the legal marketplace is diverse and inclusive,” the letter states.

“Mass criminalization and over-enforcement of drug law violations have devastated the social and economic fabrics of entire communities (…) And while Black, Latino, and Indigenous people have carried the brunt of marijuana criminalization, they have been shut out of the regulated marijuana marketplace due to these very same criminal records in addition to financial barriers to entry.” The Coalition praised the MORE Act for its “comprehensive approach,” as the bill would declassify marijuana as a controlled substance under federal law, expunge marijuana convictions, and reduce marijuana sentences.

“The Congressional Budget Office estimates that the MORE Act would have reduced time served by 73,000 person-years, over the 2021-2030 period, among existing and future incarcerated individuals. The bill, after solving the industry’s 280E tax issue, would also place a minor initial five percent federal excise tax on marijuana sales at the manufacturer level in order to fund services in communities adversely impacted by drug prohibition and to build up Small Business Administration programming to support a more diverse and inclusive marketplace with local ownership,” explained the letter.

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TALLAHASSEE, Fla., March 4, 2022 — Trulieve Cannabis Corp. TCNNF Trulieve” or “the Company”

a leading and top-performing cannabis company in the U.S., will hold a conference call on Wednesday, March 30, 2022 at 8:30 AM Eastern Time following the release of its fourth quarter and full year 2021 financial results.

Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer +

Alex D’Amico, and President Steve White will participate on the call to review Trulieve’s financial and operating results including recently acquired Harvest Health & Recreation.

Interested parties can join the conference call by dialing in as directed below.

Participants are asked to request the Trulieve Cannabis Corp. call. Please dial in 15 minutes prior to the call.

U.S. toll free: 1-844-824-3830 Canada toll free: 1-855-669-9657 International dial in: 1-412-542-4136

A live audio webcast of the conference call will be available at: https://app.webinar.net/m21krRWnGKb

An archived replay of the webcast will be available at: https://trulieve.gcs-web.com/events-presentations

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Las Vegas, NV, Feb. 15, 2022 Hemp, Nature’s “wonder crop” is in the spotlight again during the USDA Secretary’s recent tour of Lincoln University’s Dickinson Research Facility. reports today that hemp’s role in sustainable agriculture has garnered the attention of USDA Secretary, Tom Vilsack, as he recently announced that $1 billion in grants will be offered by the federal government to support climate-friendly farming when he toured the facility that studies agriculture.

According to the news source, grants under this program are intended to “engage agriculture, forestry and rural communities in the nation’s fight against climate change” and bolster sustainable agriculture.

What’s more climate-friendly than hemp? Environmentalists believe this “wonder crop” has the potential to make huge strides in the regenerative agriculture movement. Let’s take a look at why they believe that and how industrial hemp farming projects could see some of that $1 billion in grant money. First, hemp can improve soil health. It can be cultivated in almost any environment across the country regardless of the climate and generate high yields with a short 120-day harvest cycle (ideal for crop rotation).

The self-sustaining Smartbox processes the hemp plant into high-value hemp seed oil that can be used as a biodiesel (some of which can fuel the Smartbox’s own generator), fuel pellets or livestock bedding, and hemp seed cake.

“As a cover crop, hemp restores degraded soil by blocking out the room for weeds – reducing the need for synthetic herbicides and adding diversity to crop rotations.” After harvest, hemp leaves behind biomass that can be “up-cycled into added-value products or returned to the soil, feeding essential nutrients back into the ground.”

Second, hemp supports bioremediation.

Bioremediation is when you use living things to heal and cleanse soil after years of toxic build-up. Hemp has a deep root structure and guards against weeds, naturally preparing the soil for rotation. One can liken hemp’s root structure to a vacuum cleaner – accumulating heavy metals and other toxins from the soil before it enters surrounding groundwater.

Third, hemp grows faster than trees and can “sequester large quantities of carbon dioxide back into the ground.”

Hemp is “a zero-carbon energy source with applications in biofuel.” In fact, scientists estimate that “for every ton of hemp cultivated, 1.63 tons of CO2 is removed from the atmosphere.” (Source) Overall, hemp, as the industry continues to mature, has the power to “lower the ecological impacts of food, fuel and fiber production, empower small-scale farmers and create jobs in a variety of industries.”

But while we praise this wonder crop, we have to remember a total hemp-based economy doesn’t automatically equate to a greener future. Yes, the industry is maturing but it’s up to the farmers to ensure that it’s grown in a way that heals the land, not destroy it like conventional commodity crops which erodes soil and externalizes pollution.

The Climate 21 Project (the funding program that’s part of a broader initiative) under the Biden administration outlines the steps the USDA can take to encourage farmers, ranchers and landowners to take up practices that scientists believe can help reduce atmospheric carbon. It “taps the expertise of more than 150 experts with high-level government experience to deliver actionable advice for a rapid-start, whole-of-government climate response coordinated by the White House” and accountable to President Biden.

The Hemp Inc Company projects that it may be eligible to receive some of the $1 billion funding must “demonstrate climate-smart production practices, activities and systems on working lands; verify the carbon and greenhouse-gas benefits associated with those practices; and work to develop markets and promote their climate-smart commodities.”

The grants are available to local, county, tribal and state governments, small businesses and for-profit organizations, nonprofits and universities. Applications are being accepted for projects between $5 million to $100 million through April 8th but the deadline for pilot projects up to $250,000 is May 27th.

With the industrial hemp market growing exponentially, resources and contacts are invaluable. The industrial hemp market is expected to reach $12.01 billion by 2028 and is expected to expand at a compound annual growth rate (CAGR) of 16.2% from 2021 to 2028, per the most recent study by Grand View Research, Inc.

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