Say Hello to Hemp

Since 2018, when hemp was legalized, cannabinoid products have been widely embraced for their many benefits

The budding industrial hemp industry, currently valued at an estimated $4.7 billion, is expected to be worth $14.6 billion by 2026.

Hemp has come a long way since being federally legalized by the Farm Bill of 2018. In just a few years, the market has expanded beyond CBD, with CBN, CBG, Delta-8, and even Delta-9 products. As hemp extraction technology and hemp-friendly legislation advance, the hemp-industry continues to experience explosive growth.

Hemp Versus Marijuana: It’s All Cannabis

Hemp and marijuana are both the same plant: cannabis. Because of this, they contain the same cannabinoids, terpenes, and other beneficial compounds.

The only difference is their Delta-9 THC content. Hemp contains less than 0.3% Delta-9 THC, while marijuana contains more. Established as a legal distinction, the Delta-9 THC content of a cannabis product determines whether it’s legal or not, with hemp being federally legal and marijuana being federally illegal. 

However, hemp products still can contain a potent dose of Delta-9 THC while abiding by this restriction. Popular hemp-derived Delta-9 THC products include Delta-9 gummies and THC drinks.

History of Hemp

First cultivated as early as ten thousand years ago, hemp has been used to make things like clothing, paper, rope, food, building materials, and beauty products. It’s also valued for its medicinal uses.

Although hemp had been widely used in America ever since colonial days, in 1937 Congress passed the Marihuana Tax Act to impose taxes and regulations on hemp production. A few decades later, the Controlled Substances Act of 1970 made all varieties of cannabis illegal to cultivate or sell. This finally changed in 2018 with the passage of the Agricultural Improvement Act, also called the Farm Bill, in consequence of which hemp is no longer classified by the federal government as a controlled substance.

The new law also legalizes hemp and hemp-derived products, including hemp-derived CBD. But marijuana-derived CBD — which has the same molecular structure — is nonetheless still classified as a controlled substance so it’s still illegal.

Benefits of Hemp

Since hemp was federally legalized, there have been major advances in unlocking the potential of cannabinoids to treat common ailments. In fact, after concluding that CBD is extremely effective in preventing seizures, in 2018 the FDA approved a drug containing CBD to treat two rare forms of epilepsy.

Since then, the ability of CBD to ease inflammation, stress, pain, and other ailments has been supported by a flood of anecdotal evidence and official research. We expect to see even more research about CBD and even more growth of CBD businesses around the country.

Additionally, there’s been a lot of research into the benefits of other cannabinoids, like Delta-9 THC, which have been exalted for their soothing effects and ability to provide relief from numerous ailments.

Crescent Canna Hemp Products

Crescent Canna sells a variety of hemp products containing hemp-derived cannabinoids, including CBD, THC, CBG, and CBN. Whether you’re looking for intoxicating, uplifting effects or soothing relief, find out how cannabis can help you.

Learn more about the hemp products we offer by signing up for our newsletter. We’ll even send you a code for 30% OFF your first order.