6 Convincing Reasons Why USDA Organic Certification For CBD Is The Trend To Watch – Green Entrepreneur

As smart consumers become more skeptical about where their CBD is coming from, they’re looking for trusted resources.

4 min read

Opinions expressed by Entrepreneur contributors are their own.

As the CBD market grows, consumers are becoming more skeptical. Media reports of CBD false labeling and accusations of “snake oil” haven’t helped. Consumers are demanding more from CBD brands to prove they are what they claim to be. And that’s the way it should be!

Related: To Get Into the CBD Game, You Must Know These 8 Thing

Millions of people are turning to CBD for a natural remedy for real problems. They don’t want something that is going to hurt them if they are already in pain, and they don’t want to feel anxious about a CBD product’s ingredients if they already suffer from anxiety. The CBD industry is at risk of giving itself a bad name because of a few bad actors and lots of misinformation.

There’s only one solution to this problem: USDA organic certification. It’s not a perfect fit, and it’s not easy to achieve — but it’s the best option available for CBD brands looking to distinguish themselves as trustworthy. That’s why I expect to see more brands offering CBD products that are USDA certified organic.

Related: 10 Romantic Cannabis Products For Valentine’s Day And Beyond

Here are the top 6 reasons why:

1. Quality of products

It’s pretty simple: certified organic products are better. For consumers who value products that are guaranteed to be free of synthetic fertilizers, pesticides, or other contaminations like petroleum products, there’s no substitute for the USDA certified organic seal.

2. Consumer appeal

Anyone who has ever shopped at a supermarket has seen the USDA certified organic seal in the produce section. Shoppers associate the USDA organic seal with higher quality fruits and vegetables. And despite the higher price, they are in high demand. The sales of USDA certified organic products is greater than $50 billion a year.

3. Product differentiator

There are too many CBD brands, and it’s increasingly difficult to distinguish one from another. The product differentiators of the past — accurate dosing, third-party lab testing, QR codes — are all now industry standard. In 2020, the USDA organic seal will the be CBD industry’s top differentiator because it’s very easy: either a product has it or it doesn’t. There are literally hundreds of CBD brands, but how many offer USDA certified organic products? Maybe a dozen.

Related: How To Know What Dosage Of CBD To Take

4. Supply chain audit

 One lesser-known aspect of USDA organic certification is that the labels for any product bearing the USDA organic seal must be approved by a third-party certifier, who audits the organic product’s entire supply chain to ensure there are no contaminants. This is critical for consumers looking for CBD to help with health and wellness issues. No one wants contaminants in their CBD, and only the USDA organic seal can guarantee it.

5. The FDA

With the FDA delaying regulations on CBD, that leaves the USDA organic certification program as the only federal agency to validate CBD products. As long as the FDA stays on the sidelines, we can expect more CBD brands to work to achieve USDA organic certification.

6. Politics

The USDA organic seal on CBD products is a milestone in the decades-long fight to end cannabis prohibition. The fact that the federal government is now acknowledging the value of a cannabinoid product like CBD oil is revolutionary. Just a few years ago, it seemed unthinkable.

For these reasons and more, the CBD trend to watch in 2020 will be which brands manage to achieve USDA organic certification. It’s a crystal clear product differentiator, like a light switch: on or off. Either your CBD product is USDA certified organic—or it isn’t.

Friends of Real Food Present 'The Truth About CBD’ – Shepherd Express

Friends of Real Food is an interest group at the Urban Ecology Center that meets the third Thursday of each month to enjoy a potluck dinner along with a speaker and discussion. On Thursday, Feb. 20, Friends of Real Food will present “The Truth About CBD, Weeding Out Fact From Fiction,” featuring pharmacist Dan Zatarski of MD Custom Rx, a custom compounding pharmacy in Brookfield. The meeting will take place at the Urban Ecology Center’s Riverside Park location,1500 E. Park Place.

The potluck begins at 6 p.m., and the program begins at 6:30 p.m. Friends of Real Food events are open to the public, no fee or registration is necessary. Attendees can join the group for dinner or come just for the program. People can bring anything they’d like to the dinner; members are omnivores and welcome any contributions.

Zatarski will discuss the characteristics of cannabidiol (CBD) oil, its benefits and purity, as well as what people should be aware of when supplementing with CBD. He’ll also talk about the benefits of whole food supplements. Zatarski holds a Doctor of Pharmacy degree from UW-Madison.

“When I meet new customers in my pharmacy that are interested in CBD oil, the most common question I get is whether or not CBD oil is psychoactive,” he says. In addition, he asks questions about proper dosing, or if CBD products will interfere with their medications.

As a pharmacist, he will discuss the pharmacology of cannabidiol as it relates to the endocannabinoid system in the body; review the important factors necessary in evaluating quality hemp oil; and summarize clinical applications for hemp oil and guidance on proper dosing, side effects and drug interactions.

Dedicating a meeting to hemp topics such as CBD is a natural fit for Friends of Real Food. “People who come to our Friends of Real Food meetings generally share an interest in eating a healthy diet, as well as understanding and changing our food system,” states Anne Steinberg, a member of Friends of Real Food and a long-time volunteer with the Urban Ecology Center. “CBD oil is one of the supplements we see advertised and sold all around us, and we wanted to be able to separate the hype from the truth and be informed consumers.”

Friends of Real Food also organizes the annual Local Farmer Open House, during which attendees can meet local farmers and learn about their farming practices and what they produce. Steinberg notes that some of the small, local farmers they know have begun growing hemp for CBD oil, and that focused more attention on the product. “Two of the Community Supported Agriculture (CSA) farmers who come to the Local Farmer Open House each year are now adding that crop to the food they grow,” she says. “So, when one of our members said she knew a pharmacist who could present this topic, we found a lot of interest in the subject.”

If this CBD presentation is well received, Stenberg says Friends of Real Food may offer more CBD topics at upcoming meetings, as well as outings that include visiting a farm that grows hemp.

For more information, visit friendsofrealfood.org/events.html.

Two universities to offer cannabis degrees – Leafly

The Associated PressFebruary 11, 2020

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college courses about marijuana

Universities are offering cannabis programs to help students establish careers in the young industry. (Freedomz/AdobeStock)

University students interested in learning more about the cannabis industry and potentially carving out a career in the industry will soon have the opportunity to do so with two new programs being offered through Western Illinois University and Colorado State University.

The art of growing cannabis will become a minor subject at Western Illinois University in the fall, school officials announced Monday.

The university’s school of agriculture in Macomb is acting on interest officials expressed in such a class before adult-use marijuana became legal in January. The minor in cannabis production will require 18 to 19 credit hours with additional coursework offered by Western Illinois’ department of biological sciences.

Related

Australia’s First Med School Course on Cannabis to Launch in Victoria

School of agriculture director Andy Baker says faculty members are still working on partnerships with hemp producers and those in the recreational and medical marijuana businesses.

“There’s certainly enough hemp producers in the state that (students) could get experience working in the field,” Baker said. “There’s going to be some opportunities and we’re still developing those relationships.”

Bakers says he anticipating class sizes of 20 to 30 students, adding that in addition to graduating marijuana growers, there is a new bureau for cannabis regulation in the Illinois Department of Agriculture. That means there are going to be new employment opportunities in the state.

Recreational marijuana sales in Illinois totaled nearly $40 million in the first month, according to state officials.

Meanwhile, Colorado State University is expected to launch the program this fall at its Pueblo campus about 115 miles (185 kilometers) south of Denver, The Denver Post reported.

The Cannabis, Biology, and Chemistry program would focus on the science necessary to work in the cannabis field and emphasize natural products and analytical chemistry, officials said.

“It’s a rigorous degree geared toward the increasing demand coming about because of the cannabis industry,” College of Science and Mathematics dean David Lehmpuhl said. “Hemp and marijuana has really come to the forefront in a lot of economic sectors in the country. We’re not pro-cannabis or anti-cannabis. What we’re about will be the science, and training students to look at that science.”

The curriculum would be similar to double-majoring in biology and chemistry, officials said.

The natural products coursework would place students in a lab setting to learn about the genetics of cannabis or other plants with additional courses in neurobiology, biochemistry, and genetics, university officials said.

The analytical chemistry coursework would also place students in a lab setting to learn about the chemical compounds, such as determining what kind of cannabidiol concentration should exist in a product, university officials said.

The lab is licensed to grow industrial hemp and students might work with CBD, officials said.

The Colorado State University system also has plans to open a new research center on the Fort Collins campus dedicated to studying cannabinoids this spring.

Related

Higher education: The top universities offering cannabis degrees

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Colorado CBD Company to Host 2nd Annual Joy Day – Yahoo Finance

200K meals to South Sudanese refugees. This year, they’re shooting for half a million.

FORT COLLINS, Colo., Feb. 11, 2020 /PRNewswire/ — Fort Collins’ premier CBD company will host the biggest CBD event of the year: Joy Day 2020. 

February 18, Joy Organics will celebrate its founder’s birthday by offering customers a 40% discount on all products and donating a generous portion of sales to an organization that empowers refugees in northern Uganda. Joy Day is designed to express the brand’s dedication to compassion and holistic wellness.

Joy Smith. „Our hope this year is to better the lives of both our customers and South Sudanese families through the Greater Hope Project.” 

Uganda believes that education should be accessible regardless of circumstance. For the displaced, school can become a place of safety and security while also being a powerful means to shape the future of post-conflict communities. But without adequate nutrition, education becomes fruitless. That’s where the school breakfast and lunch program comes in.

Joy Day, we’ll fund a month of meals for a primary school student through Greater Hope Project,” Smith explains. „I’m optimistic we can reach our goal of half a million meals, considering the success of last year’s Joy Day.”

Joy Day, the premium CBD brand provided more than 200,000 meals to displaced children in northern Uganda.

Joy Day will be celebrated Tuesday, February 18, online and at all Joy Organics retail stores. 

JoyOrganics.com and in retail locations across the country.” data-reactid=”19″>Joy Organics is a family-founded CBD business committed to leading the industry in quality and transparency. With every batch third-party tested and THC free, Joy Organics’ premium broad-spectrum soft gels, tinctures, salves, energy drinks, skincare products, and more are available online at JoyOrganics.com and in retail locations across the country.

Press Contact:

Hannah Smith

hannah@joyorganics.com

(941) 705-1814

student-at-hope-primary-receives.png
Student at Hope Primary Receives Lunch
Photo by Hannah Smith, director of communications at Joy Organics.” data-reactid=”25″>student-at-hope-primary-receives.png
Student at Hope Primary Receives Lunch
Photo by Hannah Smith, director of communications at Joy Organics.

http://www.prnewswire.com/news-releases/colorado-cbd-company-to-host-2nd-annual-joy-day-301003029.html” data-reactid=”37″>View original content to download multimedia:http://www.prnewswire.com/news-releases/colorado-cbd-company-to-host-2nd-annual-joy-day-301003029.html

SOURCE Joy Organics, LLC.

Colorado CBD Company to Host 2nd Annual Joy Day – PRNewswire

FORT COLLINS, Colo., Feb. 11, 2020 /PRNewswire/ — Fort Collins’ premier CBD company will host the biggest CBD event of the year: Joy Day 2020. 

On February 18, Joy Organics will celebrate its founder’s birthday by offering customers a 40% discount on all products and donating a generous portion of sales to an organization that empowers refugees in northern Uganda. Joy Day is designed to express the brand’s dedication to compassion and holistic wellness.

„Our goal has always been two-fold: to get high-quality CBD into the hands of those who need it and to improve as many lives as possible,” says Joy Organics CEO and Founder Joy Smith. „Our hope this year is to better the lives of both our customers and South Sudanese families through the Greater Hope Project.” 

The Greater Hope Project in northern Uganda believes that education should be accessible regardless of circumstance. For the displaced, school can become a place of safety and security while also being a powerful means to shape the future of post-conflict communities. But without adequate nutrition, education becomes fruitless. That’s where the school breakfast and lunch program comes in.

„For every order placed on Joy Day, we’ll fund a month of meals for a primary school student through Greater Hope Project,” Smith explains. „I’m optimistic we can reach our goal of half a million meals, considering the success of last year’s Joy Day.”

Last year through Joy Day, the premium CBD brand provided more than 200,000 meals to displaced children in northern Uganda.

Joy Day will be celebrated Tuesday, February 18, online and at all Joy Organics retail stores. 

Joy Organics is a family-founded CBD business committed to leading the industry in quality and transparency. With every batch third-party tested and THC free, Joy Organics’ premium broad-spectrum soft gels, tinctures, salves, energy drinks, skincare products, and more are available online at JoyOrganics.com and in retail locations across the country.

Press Contact:

Hannah Smith

hannah@joyorganics.com

(941) 705-1814

Related Images

student-at-hope-primary-receives.png
Student at Hope Primary Receives Lunch

Photo by Hannah Smith, director of communications at Joy Organics.

SOURCE Joy Organics, LLC.

Related Links

http://www.JoyOrganics.com

CBD Buyer’s Guide – ProHealth

What is CBD?

Cannabidiol CBD (or cannabidiol) is one of over 85 cannabinoids found in cannabis. CBD is the 2nd most prevalent cannabinoid found in the cannabis plant, and it is emerging as a promising therapy for many health ailments.

Will CBD Get Me High?

No, CBD has no psychoactive properties and will cause none of the euphoric feelings associated with THC.

Are Hemp Oil and CBD Oil the Same Thing?

The term hemp oil can cover a variety of products.  If you are seeking a product with a high CBD ratio you will want to make sure the product is labeled as a hemp extract and lists the amount of CBD or hemp extract per dosage on the label.  If the amount of CBD or hemp extract is not listed on the bottle the product may not contain any CBD at all.  With the growing popularity of CBD products, some unscrupulous retailers are selling hemp seed oil under the guise of it containing CBD, which it does not.   Always purchase your products from a trusted source such as the ProHealth CBD Store…

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Cannabis Funding 2020: Fewer Raises, Bigger Numbers – Benzinga

The Viridian Cannabis Deal Tracker provides the deal data/terms/valuations/structures and market intelligence that cannabis companies, investors, and acquirers utilize to make informed decisions regarding capital and M&A strategy.

The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Each week the Tracker analyzes/aggregates all closed deals and allocates each transaction to one of twelve 12 key industry sectors in which the deal occurred (from Cultivation to Brands), the region in which the deal occurred (country or U.S. state), the status of the company announcing the transaction (public vs. private) and th type of deal structure (equity vs. debt).

Since its inception in 2015, the Viridian Cannabis Deal Tracker has tracked and analyzed more than 2,500 capital raises and 1,000 M&A transactions totaling over $45 billion in aggregate value. Find it exclusively on Benzinga Cannabis every week!

INVESTMENT AND M&A ACTIVITY IN THE CANNABIS INDUSTRY

01/27/2020 – 01/31/2020

CAPITAL RAISES

  • Capital raise activity was strong last week as three large public cannabis companies announced $425 million in funding. As such, although the number of raises was down, the average raise rose to $66.8 million, from $15.9 million. 
  • Publicly traded companies represented six of the seven capital raises, demonstrating that even in a depressed stock price environment for public cannabis companies, investors will still chase liquidity.  Since the origin of the Viridian Cannabis Deal Tracker in 2015, public companies have attracted approximately two-thirds of all invested capital.
  • The Cultivation & Retail sector remains the dominant sector for investors as the capital markets continue to support the buildout of infrastructure required to scale top and bottom line. From 2015-2018, the Cultivation & Retail sector accounted for approximately 75% of all capital raises.  However, in 2019 we saw this drop to 55% as capital allocation began to move into the Infused Products, Hemp and Consumption Devices sectors.
  • The Hemp/CBD sector experienced a significant private market raise of $40 million from EcoGen Laboratories as we see increased investment in the Hemp sector. 

MERGERS & ACQUISITIONS

  • M&A activity remains slow with only one closed acquisition. High Tide purchased two dispensaries by acquiring a majority interest for a mix of stock and cash. 
  • We foresee a gradual pick-up in M&A activity based on a few factors present in the marketplace:
  • The number of M&A transactions that are in LOI stage.
  • More aggressive activity on the part of SPACs (Special Purpose Acquisition Corp’s.) that raised over $1.2 billion in 2019 and have the clock ticking on when that capital has to be deployed.
  • The drastically reduced valuations, and valuation expectations, among private companies that are having great difficulty attracting new capital and as a result are looking for an exit.

WEEKLY SUMMARY

CAPITAL RAISES

 

MERGERS & ACQUISITIONS

YEAR-TO-DATE SUMMARY

CAPITAL RAISES

Capital Raises by Week

Capital Raises by Sector

MERGERS & ACQUISITIONS

M&A Activity by Week

M&A Activity by Sector

Photo by Javier Hasse.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Governors Across U.S. Step Up Push To Legalize Marijuana In Their States – Forbes

State legislatures across the U.S. have convened for new sessions over the past month, and a growing number of governors are taking steps to push lawmakers to include legalizing marijuana as part of their 2020 agendas.

American Marijuana

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At least 10 governors have gone so far as to put language ending marijuana prohibition in their annual budget requests, or used their State of the State speeches to pressure legislators to act on cannabis reform.

Some are proactively addressing the issue, while others appear to be mostly reacting to support that has already built up among lawmakers. But altogether, it’s clear that top state executives are now taking marijuana more seriously than ever before.

Here’s a look at how governors are taking action on marijuana as 2020 legislative sessions get underway.

Colorado

Gov. Jared Polis (D), who consistently led the fight for federal marijuana reform during his time in Congress, is continuing to champion cannabis now that he’s running his state.

This month, his administration rolled out a “roadmap” aimed at increasing the number of banks that serve legal cannabis businesses. He also announced an energy efficiency partnership between beer and marijuana companies that involves using carbon captured during the alcohol brewing process to grow cannabis plants.

And during his State of the State address last month Polis emphasized that “keeping Colorado the number one state in the nation for industrial hemp” is among his priorities for boosting the economy.

Connecticut

Gov. Ned Lamont (D) and leading lawmakers are pushing to make 2020 the year that Connecticut legalizes cannabis.

During his State of the State address, the governor spoke about how marijuana legalization in nearby states makes it illogical to continue prohibition. “Like it or not, legalized marijuana is a short drive away in Massachusetts and New York is soon to follow,” he said. “Right now do you realize that what you can buy legally in Massachusetts right across the border can land you in prison here in Connecticut for up to a year?”

To that end, Lamont has partnered with governors from neighboring states to develop a regional approach to cannabis.

On the governor’s behalf, the Senate president and House speaker have filed a bill to legalize marijuana in Connecticut, and Lamont’s budget proposal includes funding for new state employees to craft and implement a regulatory system for cannabis.

Illinois

Gov. J.B. Pritzker (D), who signed a marijuana legalization bill into law last year, has championed its implementation in 2020. His State of the State address included a line touting how the new policy’s out-of-state appeal “gives us a chance to collect tax revenue from the residents of Wisconsin, Missouri, Iowa and Indiana,” all of which continue to prohibit recreational cannabis.

Pritzker’s lieutenant governor was among the first people to purchase cannabis products when legal sales began on January 1. The day before, Pritzker pardoned more than 11,000 people with prior marijuana convictions. Nearly $40 million worth of adult-use cannabis products were purchased in the first month, an economic boost that the governor’s administration prominently touted.

New Mexico

Gov. Michelle Lujan Grisham (D) formally put marijuana legalization on the legislature’s agenda for the short, 30-day session ending later this month.

“It’s high time we stopped holding ourselves and our economy back: Let’s get it done this year and give New Mexicans yet another reason, yet another opportunity, to stay here and work and build a fulfilling 21st century career,” she said during her State of the State speech.

Last year, Lujan Grisham convened a working group to study cannabis. It issued a report that formed the basis of a legalization bill that is now advancing through the legislature.

New York

Gov. Andrew Cuomo (D) unsuccessfully pushed lawmakers to send him a marijuana legalization bill in 2019, but he’s trying again this year.

“For decades, communities of color were disproportionately affected by the unequal enforcement of marijuana laws,” he said in his 2020 State of the State address. “Let’s work with our neighbors New Jersey, Connecticut, and Pennsylvania to coordinate a safe and fair system, and let’s legalize adult use of marijuana.”

The governor’s budget includes language to accomplish the end of cannabis prohibition, and he is also proposing to create a new Global Cannabis and Hemp Center for Science, Research and Education in the SUNY system.

Rhode Island

For the second year in a row, Gov. Gina Raimondo (D) put measures to legalize cannabis in her budget proposal.

Unlike the version that lawmakers rejected in 2019, the new language would create a system of state-owned stores to sell marijuana.

House and Senate leaders have thus far expressed reservations about Raimondo’s plan, but it remains to be seen if they will become more open to legalization as a growing number of nearby states—including Connecticut—move to end prohibition.

South Dakota

Gov. Kristi Noem (R) is no big fan of hemp, having vetoed a bill to legalize the crop that lawmakers sent to her desk last year. But in 2020, recognizing that the plant is incredibly popular and that other states are enacting new laws regulating hemp in light of its recent federal legalization, the governor is working with lawmakers to pass new compromise legislation.

Noem laid out what she called “guardrails” that need to be included in any hemp bill that could get her signature, and she also discussed the issue in her State of the State address.

“Federal guidelines have been put in place, a South Dakota tribe has been given the green light on production, and other states’ actions mean we need to address hemp transportation through our state,” she said.

New hemp legislation has already advanced through one legislative committee, and the governor seems poised to sign it into law this year as long as her concerns are addressed.

Vermont

Gov. Phil Scott (R) reluctantly signed a 2018 bill into law that legalizes low-level marijuana possession and home cultivation. Now, lawmakers are pushing to add legal cannabis sales to that, and the governor doesn’t appear as opposed as he once did.

A top lawmaker said that Scott is “at the table” in ongoing talks about legislative language. Although he still has concerns about impaired driving, the governor reportedly has his eye on using legal marijuana sales revenue to fund an after-school program he is proposing.

A cannabis commercialization bill cleared the Senate in 2019 and has already been amended and approved by a number of House committees this year, with a floor vote expected in the coming weeks.

While Scott hasn’t committed to signing it into law, advocates have become more hopeful that he won’t block it because of the tax money it can generate to support his other priorities.

U.S. Virgin Islands

Gov. Albert Bryan Jr. (D) called lawmakers into a special session in December to begin considering a marijuana legalization proposal that he says is needed to generate revenue to support a retirement fund for government employees.

“We must acknowledge the opportunities that regulated expansion of this industry can bring to the territory and the potential benefits” to the retirement program, he said during his State of the Territory address last month.

Virginia

Gov. Ralph Northam (D) campaigned on decriminalizing marijuana in 2017 and has continually pushed lawmakers to send him a bill on the topic. Now that the governor’s party won control of both chambers of the legislature in November’s elections, it might actually get done, and he put marijuana decriminalization at the top of his 2020 criminal justice agenda.

“We need to take an honest look at our criminal justice system to make sure we’re treating people fairly and using taxpayer dollars wisely,” he said in his State of the Commonwealth speech. “This means decriminalizing marijuana possession—and clearing the records of people who’ve gotten in trouble for it.”

Cannabis decriminalization legislation has advanced through several House of Delegates and Senate committees in recent weeks, and cleared the full House this week. A Senate floor vote is expected soon.

Wisconsin

Gov. Tony Evers (D) included language to legalize medical cannabis and decriminalize marijuana possession in his budget last year, but lawmakers removed those provisions.

But the governor is still pushing the issue, calling out the legislature in his 2020 State of the State speech for ignoring the will of the voters.

“When more than 80 percent of our state supports medical marijuana…and elected officials can ignore those numbers without consequence, folks, something’s wrong,” he said.

The GOP House speaker has expressed some openness to allowing medical cannabis in some form, but Senate leadership is more hostile to the idea. It remains to be seen if gubernatorial pressure can convince lawmakers to advance the issue.

Act of growing cannabis to become new minor at Western Illinois University – KWQC-TV6

MACOMB, Ill. (AP) – The art of growing cannabis will become a minor subject at Western Illinois University in the fall.

The university’s school of agriculture in Macomb is acting on interest officials expressed in such a class before adult-use marijuana became legal in January.

The minor in cannabis production will require 18 to 19 credit hours with additional coursework offered by Western Illinois’ department of biological sciences.

School of agriculture director Andy Baker says faculty members are still working on partnerships with hemp producers and those in the recreational and medical marijuana businesses.