China Lets Its Cannabis Industry Bloom but Says No to Marijuana

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Farmers and companies in China are increasing their hemp-related investments, making a push 'at light speed' into the CBD business

QUJING, China—In China, marijuana is seen as a dangerous narcotic, and possession is strictly punished. That hasn’t stopped the country from trying to become a powerhouse in the fast-growing industry for cannabis products.

China has grown hemp, a strain of cannabis, for thousands of years to use in clothing and traditional medicine and is one of the world’s largest hemp producers. The country is using that foothold to churn out cannabidiol, or CBD, a loosely regulated chemical related to marijuana that is finding its way into...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Smart farming

Meanwhile the US is moving at Mitch McConnell speed (turtle speed) and we are losing out just like everything else besides oil.

heh...their 'cbd' oil will end up as fake and tainted as the cooking oil the let peasants use...(look it up)

GDP Growth In Second Quarter May Lower To 4.2%: State Bank Of India - NDTV

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia to trade cautiously as US-China trade war dominates market focusThe United States and China are working to sign what the White House has described as a 'phase one' trade deal.
Source: CNBC - 🏆 12. / 72 Read more »