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home / news releases / THRBF - Alabama Starts Receiving Hemp Cultivation Applications


THRBF - Alabama Starts Receiving Hemp Cultivation Applications

CBD is, without a doubt, one of the most versatile medical treatments of the century. It has slowly been gaining approval among the public, who after experiencing the numerous benefits associated with the cannabinoid, have been quick to share and spread awareness on the compound. For a long time, the industry remained undeveloped primarily because CBD was classified as a Schedule 1 controlled substance, and it was illegal to handle it in any form. Not to mention the stigma that came with it due to its association with cannabis and its primary psychoactive agent, THC.

The Farm Bill of 2018 was a gamechanger. Under the bill, the cultivation of industrial hemp, from whence CBD is extracted, was legalized, deeming hemp an agricultural product. According to the bill, any part of the plant with less than 0.3% THC content, including derivatives, cannabinoids, and extracts is classified as hemp. With such a bevy of benefits attributed to it, CBD was bound to have an immense market seeking alternative treatments for conditions such as chronic pain, inflammations, and anxiety. So it is only natural that tons of sellers have flocked the industry. From farmers growing the raw material to processors who handle...

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Stock Information

Company Name: Therma Bright Inc.
Stock Symbol: THRBF
Market: OTC

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