DENVER BUSINESS JOURNAL — The passage of the ballot measure Amendment X on Tuesday took the definition of hemp out of Colorado’s constitution.
And leaders in Colorado’s hemp industry said this will help their businesses be more flexible in the face of possible federal changes to the definition, which could ultimately help them sell their products nationwide.
“Amendment X allows Colorado’s hemp industry and farmers who grow this crop to stay competitive,” Robert Di Marco, the CEO of Boulder Botanical & Bioscience Laboratory, said in an email. “Colorado’s Amendment X, along with the upcoming 2018 Farm Act federal legislation, will allow for clarity on rules for hemp and open up national distribution.”
Hemp is high in CBD, or cannabidiol, which is the non-psychoactive ingredient found primarily in extraction from the cannabis plant. A specific strain of CBD has been effective in treating a rare type of epilepsy called Dravet Syndrome.
Read more at the Denver Business Journal: https://bit.ly/2yYQS7k