As the harvest nears a close, 2018 is turning out to be a pivotal year for industrial hemp in Vermont. More people are growing it than ever before and millions of dollars are being invested in hemp farms and in the industrial labs needed to extract CBD from hemp.
CBD, which stands for cannabidiol, is a completely legal compound found in hemp and is not psychoactive, which means it won’t get you high. It’s been showing up in retail shops across the country.
At the Green State Gardener store in Burlington, owner Dylan Raap says his company will sell a million dollars in CBD products this year. He has his own line of CBD edibles, which includes a $50 bottle of CBD gummies. “We’re seeing boomers come in for joint pain,” Raap said during an interview at the store on Pine Street. “But we’re also seeing a lot of millennials, and really everybody, coming in for anxiety and just the mood-stabilizing effect that CBD has.” Raap will soon release CBD-infused sparkling water and soda. “As a product class, I think the sky’s the limit for CBD,” he said.