Demand For Hemp, CBD Oil Could Result In A Christmas Tree Shortage

The festive season has already begun! The US market is filled with Black Friday sales and it’s the merriest time of the year.  But what’s interesting is the recent news that came from Texas about Christmas trees. Retailers are claiming Christmas trees might get sold out early in December as farmers are inclining towards cash-growing crops like hemp that is used to derive CBD oil- a potent and promising substance.  Hemp has been trending in the US consumer market since December 2018 when the federal government legalized hemp. Companies have joined the CBD bandwagon offering numerous products ranging from CBD topicals, oils, creams, tincture, bath bombs, gummies, isolate, and what not!  According to the retailers, the most healthy and big trees usually get sold out early in the festive season, right around Thanksgiving. With the shortage of Christmas trees this year, it is recommended for Texans to book their trees as soon as possible.  With the inception of legal hemp farming, more and more farmers are exploring the CBD industry and investing their time in growing a cash crop with higher returns. Companies and big cooperation firms scout hemp for their CBD products from such farmers. Hemp is being considered…

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Source : Cannabis Radar
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