The hemp market will deeply impact the cannabis industry. When President Trump signed the 2018 Farm Bill last December, the door opened for hemp revenue to reach its full potential. A crop that hasn’t been grown in the United States for nearly 100 years got the green light to proceed once again.
While marijuana is often the focus of the cannabis industry, hemp promises to steal the spotlight in many ways. With the passing of the 2018 Farm Bill, a new Brightfield Group report predicts the hemp-derived CBD market will reach $22 billion by 2022. While CBD already enjoys popularity through the use of tinctures, topicals, and concentrates, the CBD-rich hemp flower market will take a large slice of the CBD pie.
What is CBD hemp flower? High CBD flower from the industrial hemp plant is extremely similar to flower produced from cannabis strains, with one key difference: Hemp CBD products contains 0.3 percent tetrahydrocannabinol (THC) or less, while marijuana and cannabis products can contain THC levels that soar to levels commonly approaching 40 percent THC. Think of it this way: Hemp is very rich in CBD, while the same can be said for marijuana and THC. Selective breeding of plants will only see the percentage levels increase.
When people consume hemp and marijuana for medical purposes, a rising number of them recognize that they do not get the same benefits from consuming cannabis extracts. Instead, the whole-plant, entourage-effect results of CBD-rich hemp flower provides the relief they seek when other high CBD hemp products come up short. What they get is fresh CBD flower without the residual solvents often present in CBD oil that can result from many methods of commercial extraction.
Preferred methods for consuming hemp flower to benefit from its increased biodiversity include smoking it or vaping it. Vaporizer use has exploded in the past decade, and many cannabis consumers appreciate the superior terpene flavors that result from inhaling vapor with the added health benefit of not inhaling smoke. Because hemp flower shares such a close relationship with traditional marijuana flower, expect many of the same trends and practices to occur with this parallel relationship.
Like marijuana, commercial hemp flower is resulting in numerous strains with creative names. Once harvested, both hemp and marijuana flower receive a similar trim job to remove excess leaves, and then a slow cure to promote superior flavor. Marijuana connoisseurs are as discriminating as wine aficionados when it comes to subtle flavors contained in both plant-derived products. There is little doubt that hemp flower patients and enthusiasts will develop a similar appreciation and palate for high-quality hemp flower as this industry explodes, bringing an increasing number of strains to market. Besides the known medical benefits, many people enjoy the feeling of relaxation that CBD provides—without a psychoactive effect.
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Anyone in the United States can now purchase and enjoy CBD flower delivered right to their door at an affordable cost. Customers receive prime flower that arrives fresh and ready to smoke. Prices for high-quality flower sold and distributed by Berkshire CBD are much lower than you would pay at a dispensary. While CBD hemp flower soon will be found alongside marijuana flower on dispensary shelves, there’s no reason not to enjoy the convenient, legal benefit of door-to-door delivery.