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CBD is no longer a “niche” supplement. Indeed, many market analysts believe CBD may be the most successful health & wellness product in modern times. And it doesn’t appear the CBD market has stalled since the 2018 US Farm Bill passed. The most recent estimates suggest the CBD industry could reach a market cap of $47.22 billion by 2028.
With so much money pouring into CBD products, it’s understandable why more people are interested in opening a hemp business. But does that mean anyone in the USA could legally sell CBD oil? What do entrepreneurs need to know before setting up a CBD shop?
Can Anyone Legally Open A CBD Store? — Legal Considerations For CBD Entrepreneurs
Under federal law, anyone in the USA has the right to sell CBD products if they meet the 2018 US Farm Bill’s definition of “hemp.” That is, all of the CBD extracts in your shop need to have ≤ 0.3 percent delta-9 THC. No matter where you’re applying to open a CBD shop, you must prioritize this THC limit.
Technically, every American could register to open a CBD business, but please remember that every state has unique policies regarding hemp and cannabis. Some states like California are relatively relaxed with recreational cannabis, but others like Idaho require all recreational CBD items to contain zero delta-9 THC.
There may also be special restrictions for specific hemp-derived products…
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