Tomas Laurinavicius / 16 min read
So What is CBD?
You can also learn more about business plan writing for ecommerce from our previous guide!
When it comes to the CBD niche, your business plan is also your navigator for staying atop of changing regulatory policies, conflicting operational priorities and new business opportunities, fueled by the market demand. Plus, it’s the document your financial supporters and other stakeholders will want to see.
But don’t get too excited yet. Target said the company has no “immediate plans to carry.” Similarly, Walmart said it is “not carrying CBD products right now,” according to a “Today” show report.
CBD oil is made by extracting CBD from the cannabis plant, then diluting it with a carrier oil, such as coconut or hemp seed oil, according to healthline.com. CBD is drawn from the flower of the hemp plant, and both hemp and marijuana are derived from cannabis sativa. It’s that connection to the cannabis plant that leads to a common question about the safety and legality of CBD oil: “Can you get high off CBD oil?”
Can you grow hemp in Kentucky?
In short, no, you can not get high from CBD, which is drawn from the flower of the hemp plant. Both hemp and marijuana come from the same plant, cannabis sativa. The difference between these lies in the amount of tetrahydrocannabinol (THC) in them.
This percentage was previously set in the Agriculture Act of 2014, also known as the Farm Bill. The Farm Bill also removed hemp from the controlled substance list.
What is CBD oil?
If a drug screening only tests “positive or negative” for THC and not the amount, there’s a chance your CBD oil intake could cause you to fail the drug test.