Cannabis Cultivators Reap Benefits of Widespread Legalization Campaigns
Aphria Inc. (APHA)
Last aphria inc. earnings: 4/14 09:00 pm
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Source: PR Newswire
NEW YORK, April 21, 2020 /PRNewswire/ -- Over the past several decades, researchers have discovered that hemp can offer consumers several therapeutic benefits. More recently, they have meaningfully emphasized that hemp's chemical compound, CBD or cannabidiol can be used in the healthcare industry. CBD is just one of the 113 cannabinoids found within the cannabis plant. Similarly, THC or tetrahydrocannabinol is also a cannabinoid within the cannabis plant, however, THC and CBD are widely different in their biological makeup. While THC is known to induce mind-altering effects, CBD is known for its rather relaxing and therapeutic effect on the user. As a result of this fresh understanding, U.S. federal regulators decided to pass the Farm Bill which legalized hemp in late 2018. The 2018 Farm Bill, however, explicitly preserved the FDA's authority to regulate products containing cannabis, or cannabis-derived compounds, under the FD&C Act and section 351 of the Public Health Service Act (PH
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