Marijuana growers diversify with hemp amid CBD boom

Don Ryan | AP
Gillian Flaccus, The Associated Press
May 14, 2018 8:43 am

SPRINGFIELD, Oregon — A glut of legal marijuana has driven Oregon pot prices to rock-bottom levels, prompting some nervous growers to start pivoting to another type of cannabis to make ends meet — one that doesn’t come with a high.

Applications for state licenses to grow hemp — marijuana’s non-intoxicating cousin — have increased more than twentyfold since 2015, and Oregon now ranks No. 2 behind Colorado among the 19 states with active hemp cultivation. The rapidly evolving market comes amid skyrocketing demand for a

... read more at: