After the 2018 Farm Bill legalized, on the federal level, the regulated production of hemp, or any part of the cannabis plant with a THC concentration below 0.3%, the prospect of CBD products hitting the big retail market is looking up; however, its legality is still a gray. Up until now 17 US states have legalized both the medical and recreational use of CBD products as long as one meets the minimum age requirement.
Big stock exchanges like the NASDAQ have a number of large companies listed which are producing and selling products which have CBD for years, which include Village Farms Intl (NYSE:VFF), Canopy Growth Corp (NYSE:CGC), and Tilray Inc (NYSE:TLRY).
Endexx Corporation ( OTC;EDXC) is one such promising company which has products ranging from tinctures, capsules, topicals, and pet products, all with the shared purpose of therapeutic and pain relief. Their recently launched venture with DJ Khaled called BLESSWELL garnered a lot of media attention and has been published in multiple leading publications like Forbes.
This green cannabis Men grooming line offers wellness products like beard oil, shaving cream, and facial cleansers among many others. Federal Cannabis legislation has been long awaited. It will open up a lot of prospects for the CBD industry and make way for thousands of new jobs for US citizens. We may see it becoming a booming industry sooner than expected.
?$EDXC $VFF $CGC $TLRY
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