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420 with CNW -- Regulatory Environment Shifts as Demand for CBD Increases

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Dec 03, 2021 (Investor Brand Network via COMTEX) -- The 2018 farm bill was historic. The legislation legalized the cultivation and sale of industrial hemp and its derivatives, ending decades of prohibition and launching an insanely lucrative industry. Cannabidiol ("CBD"), one of the many chemical compounds produced by the hemp plant, swiftly gained immense mainstream popularity thanks to anecdotal claims of its health benefits. As initial studies found that cannabidiol had potent medical properties , the demand for CBD surged even more, and plenty of sellers jumped into the CBD market to cash in on the demand.

However, authorities still haven't crafted a comprehensive regulatory structure for the nascent CBD industry, resulting in a confusing regulatory environment. Although the farm bill technically legalized the sale of CBD with less than 0.3% of THC, different states have their own CBD policies, especially regarding…

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NOTE TO INVESTORS: The latest news and updates relating to BevCanna Enterprises Inc. /zigman2/quotes/213117863/delayed CA:BEV 0.00% (otcqb:BVNNF) /zigman2/quotes/214253327/delayed DE:7BC -1.23% are available in the company's newsroom at http://cnw.fm/BVNNF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern - our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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For more information please visit https://www.CNW420.com

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CA : Canadian Securities Exchange
$ 0.10
0.00 0.00%
Volume: 13,080
May 16, 2022 10:55a
P/E Ratio
Dividend Yield
Market Cap
$17.08 million
Rev. per Employee
DE : Germany: Frankfurt
-0.0009 -1.23%
Volume: 0.00
May 16, 2022 3:49p
P/E Ratio
Dividend Yield
Market Cap
Rev. per Employee

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