Despite the explosive growth of America's craft beer scene and the growing acceptance of legal weed, the production and popularity of hemp beers has been limited by a litany of federal and state restrictions, while other laws make it difficult to distribute across state lines. That's true even in places like Colorado, where craft beer is a booming industry and recreational marijuana is legal. Just down the street from the brewery, you can stroll into a dispensary and find cannabis to be smoked, weed-infused bakery items or candies to be munched, and concentrate to be vaped. But Dad and Dudes had to get permission from three different federal agencies, along with state authorities, before brewing their George Washington's Secret Stash—so named because the president grew hemp on his farm at Mount Vernon in the days before such production was banned by federal fiat. And when federal rules about using hemp changed abruptly in December 2016, production had to be shut down. "It's been a struggle," says Hembree. Only now, a year and a half later, after a lawsuit and with the beer's legality still somewhat unclear, are they ready to try agin. But even as more states get on board with marijuana legalization, breweries that want to experiment with cannabis derivatives like hemp and CBD still face a thicket of vague, sometimes impenetrable state and federal regulations.
Making beer with hemp, it turns out, is mostly illegal because the plant is still considered a Schedule I drug by the federal government—the same rating given to cocaine and heroin—even though hemp contains little to no THC. Working with Colorado State's labs, New Belgium isolation of terpene produced by one strain of hemp, and found a way to mimic it with other hops and florals—including orange peel, grapefruit, and pine. Much of the dankness, then, is a result of legally induced chemical trickery. "We felt pretty stymied by the regulations, which felt extremely outdated and onerous," he says. "We had to find a workaround."
We are about to see the biggest mania in the history of the cannabis sector as a result of Hemp & CBD Legalization in December
It will be the 1st mania in the cannabis sector triggered by cannabis legalization
The field size in the Hemp & CBD sector (10-20 stocks) is tiny compared to the gargantuan size of the overall cannabis sector (300 stocks) that participated in the far more generalized 2014 Colorado MJ Mania and the 2016 MJ Election Mania
So we have a far stronger manic catalyst than ever before — Hemp & CBD Legalization
And a far smaller field size of stocks — 15 vs. 300
As a monopoly stock producing and selling the sexiest Hemp & CBD beverage products in America — Hemp & CBD Beer — the upside in SIPC is absolutely historic
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