Professional Marijuana Grower November-December 2017 Issue | Page 38

Hemp growers in Oregon in particular are prospering
in the medicinal market by using their crop to produce
CBD oil. CBD oil provides many of the medicinal
benefi ts found in marijuana, and since it is oil, it can be
used and administered in a lot of ways. It is a natural
pain killer and an anti-infl ammatory. Its anti-infl ammato-
ry properties also make it a great addition to many skin
care products.
The use of CBD oil is becoming more popular in help-
ing with chronic health conditions, like epilepsy. On top
of that, many are fi nding it offers help with anxiety and
sleep loss. As previously stated, since it is low in THC,
CBD oil won’t alter motor skills or impair cognitive func-
tion, and it is currently being used by many pregnant
women and children.
What really separates hemp from cannabis in its money
making potential is that products that utilize hemp are
legal in all 50 states, while cannabis is legal in few.
On top of that, hemp products can be shipped between
all 50 states. This means that while cannabis growers
can make money on a limited local level, hemp grow-
ers can make money on a national and international
scale, making their money-making potential signifi cantly
higher.
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38 • Professional Marijuana Grower
Hemp growers are also avoiding the drastic fl uctuations
in the market that many cannabis growers deal with on
a regular basis. Every year come fall, the local mar-
ket is inundated with the summer’s cannabis harvest.
This drives the price down, hindering the profi tability
of nearly every cannabis grower. While hemp prices
certainly fl uctuate, hemp growers have more opportu-
nity to stabilize their prices and business with long-term
contracts that allow them to sell their product at a set
price.
Commercial hemp production is a profi table industry
that provides many of the benefi ts of the cannabis
industry while eliminating many of the downsides. It’s
clear that those who enteed the cannabis production in-
dustry may have overlooked the business potential that
is found with hemp production. Luckily, many growers
will have time to view the market and learn from the
mistakes of others while they wait for the production of
cannabis and hemp to become legal in their state. PMG
Christopher Machnich is a digital marketing manag-
er and content provider for GrowSpan Greenhouse
Structures. His points of interest are hydroponics and
greenhouse production, as well as the cultural and
economic impact of cannabis legislation. You can visit
their website at GrowSpan.com.
November/December 2017