With a lame duck Congress looking to finish strong at the end of 2018, Senate Majority Leader Mitch McConnell made headlines last week when he said he wants Hemp legalized before the end of the year. With his home state of Kentucky set to benefit from this shift in policy, McConnell is pushing forward.
What does this mean for those in the Cannabis industry? Expect a boom in Hemp based merchandise, particularly clothing and health products touting the benefits of CBD. One area of opportunity for many companies will be CBD pet products, especially creams, shampoos, and dietary supplements that address anxiety and skin allergies.
So how can your company take advantage of Hemp? Depending on your industry, you have a variety of options. Our firm is dedicated to assisting businesses looking to develops brands centered around Hemp based products. From establishing corporations to bringing products to market, if you’re interested in Hemp, now is the time to act.
2019 is shaping up to be a huge year for Hemp and Cannabis based products. It is crucial to begin planning for your business needs now to guarantee success.