President Donald Trump routinely waves his fist at alleged unfair trade practices, including at the hands of our good neighbor Canada.
But what about playing fields that are uneven because the U.S. government makes them so? Witness the cannabis industry.
It’s enjoying explosive growth worldwide, but Canadians are running away with the profits because Washington has shackled their American competitors.
It’s not that Americans are unacquainted with cannabis in all its forms. Cannabis is a family of flowering plants that includes both marijuana, which produces a high, and hemp, which does not. Most states have relaxed their marijuana laws to various extents. Ten states and the District of Columbia have made pot fully legal.
Meanwhile, nonintoxicating cannabis products — cannabidiol, or CBD, oil in particular — are flying off the shelves. Green Growth Brands of Columbus, Ohio, is about to open CBD stores in family-friendly malls.
Whether CBD extracted from hemp actually delivers relief from depression, insomnia, pain and acne has not been established. These products remain largely unregulated, so consumers may not know exactly what they’re ingesting or rubbing on their backs.
But to see who’s prospering most, look north.
Canada last year totally legalized marijuana. Canadians have found gold in pot and its non-toxicant relatives. [Read More @ The Ledger]