Recent hearings on regulation of hemp production and banking of cannabis-related revenue have resulted in volatility in cannabis stocks. A dissonance between federal and state regulation on cannabis in the US means lawmaking has to play catch-up in what can be a legal grey area. Hemp farming is legal in the marijuana , but its marketing and sale is less clear-cut, and banks and financial institutions are currently barred from working with cannabis companies. Constellation Brands products cannot be sold over state lines, nor advertised as health or dietary supplements. The CBD and US industries are expected to be worth $ $3.4 billion by This year .
Recent hearings on regulation of hemp production and banking of cannabis-related revenue have resulted in volatility in cannabis stocks. A dissonance between federal and state regulation on cannabis in the US means lawmaking has to play catch-up in what can be a legal grey area. Hemp farming is legal in the US, but its marketing and sale is less clear-cut, and banks and financial institutions are currently barred from working with cannabis companies. CBD products cannot be sold over state lines, nor advertised as health or dietary supplements. The CBD and marijuana industries are expected to be worth $82.6bn by 2025.