LEGAL TIP OF THE WEEK
THE GROWING CBD OIL BUSINESS
The list of products containing CBD is growing quickly. Lotions, waters, and skin care products are among the list of things that may now contain CBD oils. The substance does not contain any of the “high” inducing properties found in marijuana, making it safe for use – according to the companies that manufacture these items. And at the rate of growth currently expected, the CBD business is set to be over the $15 billion mark in under the next ten years. With this type of expected growth it is no surprise that many companies and even enterprising individuals are looking to capture their share of this lucrative market. But before you start doing your research on what you can make and sell that contains CBD oil, please know there are still state and federal regulations that have to be met. To find out more, call us today.
For more information, contact us online today www.hostylaw.com or by calling the office at (405) 235-4040.