The CBD industry is rapidly growing. The Government estimates that CBD sales will exceed $1.15 billion by the year 2020; t his is especially true now that many federal and state laws have relaxed around the prohibition of marijuana.
The laws change depending on whether your CBD was made with marijuana or industrial hemp plants.
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There is an additional charge if you have drug paraphernalia, which can add six months and a $750 fine to your punishment.
Industrial hemp CBD is a different story. In 2014, the Federal Government introduced a Farm Bill that made it legal for farmers to produce industrial hemp for commercial and research purposes.
CO2 is by far the best method for extracting CBD. It doesn’t require any additional chemicals or heat, which helps maintain the purity of the CBD.
There is a lot of confusion when it comes to medical marijuana and CBD oil. While some people assume that CBD oil is some form of medical marijuana, that is not the case. CBD oil primarily comes from the hemp variety of the cannabis plant, which contains less than 0.3% THC. On the other hand, medical marijuana contains high levels of THC and little CBD.
In addition to submitting a complete and signed copy of their applications, applicants also need to submit:
What is the Difference Between Medical Marijuana and Cannabidiol Oil?
Essentially, medical marijuana is the same as recreational marijuana, only that it goes towards medical purposes. The possession of medical marijuana is illegal in the state of Wyoming and carries various penalties.
Also, in the month of June 2019, the US Postal Service announced that carriers could legally deliver hemp-based CBD products via mail. Thus, you also have the option to purchase CBD online
Fortunately, on March 6, 2019, Republican Governor Mark Gordon signed House Bill 171 into law. The law excluded hemp and hemp-derived CBD from Wyoming’s Controlled Substances Act. This essentially legalized the use and possession of hemp and hemp products.