When it comes to pot stocks, CBD, cannabidiol, etc. has grown in popularity. All of these names have become quite synonymous with one of the most popular substances of the past few years. In only a short period of time, we have seen the CBD industry grow substantially. Much of this has been due to either the health and wellness market or that of medicinal CBD. With so much attention being paid to this one component of the cannabis plant, many are wondering what the best way to derive the substance is.
CBD comes from either the hemp or marijuana plant. There are some distinct differences when it comes to the two. Hemp and marijuana are extremely similar which most know, but the two plants can vary greatly. For those who don’t know, here’s some basic information on the differences between the two. But also keep in mind this is what many marijuana companies are already looking into right now. Thus it would be a good idea to get familiar with CBD and marijuana stocks looking to capitalize on this trend.
What Separates Cannabis From Hemp?
Cannabis or marijuana is a plant that is used for its psychoactive properties primarily. This property is what users call the ‘high’ that is associated with smoking weed. Other than the buds of the plant, the rest of the marijuana plant is not used for commercial purposes. This is where the potential for the production of CBD comes in. Because the THC content within the stalks and fibers of the plant is much lower, the main usable aspect is the flower or bud mentioned above.
The case for hemp is very different from that of cannabis. With hemp, there are no psychoactive properties. The majority of the usage of hemp is in the CBD that it produces as well as the material properties. One of the largest shifts for hemp came when the Farm Bill was passed not too long ago. This effectively allowed it to be cultivated and sold commercially within the U.S. Hemp has extremely low levels of THC, the psychoactive component, and for that reason it is not considered to be a drug. So if you are putting together a list of pot stocks, it may be wise to include some CBD or Hemp companies as well.
CBD that comes from hemp can be a solid way to go. In truth however, the hemp market is not very highly regulated in terms of health products. This means that claims can be all over the place. The best option if one lives in a legal state, is to go to the nearest dispensary and find CBD products made from marijuana instead. These often will not get you high, depending on the product. And they also usually are of higher quality and consistency.
Could This Pot Stock Benefit from Legal CBD?
Charlotte’s Web Holdings (OTCMKTS:CWBHF) is one of the leading producers of CBD infused products. This pot stock to watch has been working to perfect their usage of CBD as a medicinal and health product for quite some time. With such a large consumer base, they have managed to get their product into a large range of stores throughout the U.S.
On August 14th taken from the company’s most recent press release, they stated that Russell Hammer will be joining the company as Chief Financial Officier and is set to take office on August 15th.
The company has also continuously illustrated their commitment to providing the best products possible for sale in the market. This means that they should continue to see their potential market growth in the near future. As one of the leading cannabis stocks in the industry, Charlotte’s Web Holdings definitely remains a pot stock to watch.
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