After the enactment in 2018 of the Hemp Farming Act, growing hemp became legal in the USA. Consequently, low-THC cannabis was removed from the Controlled Substances Act, which opened up new possibilities for hemp farmers. For example, they got access to water resources, business loans, and federal agricultural grants. Among others, one up-and-coming hemp farming company, Cannacare, emerged right in time to benefit from the new legislation.
CBD, short for cannabidiol, is a widely known cannabinoid present in both cannabis and hemp. According to the World Health Organization report, “CBD exhibits no effects indicative of any abuse or dependence potential… To date, there is no evidence of public health-related problems associated with the use of pure CBD.” In addition, CBD products are known for their potential pain-relieving properties and for being beneficial for the hair and skin.
The CBD products market has been soaring in the past few years, with cannabis legalization sweeping across a growing number of states and the beneficial properties of CBD products no longer questioned. A new forecast predicts that the market will soar to nearly $20 billion by 2025; the projection is based on an annual growth rate of a whopping 37% throughout that period.
CBD is present in both hemp and cannabis but is typically derived from hemp as it contains higher levels of cannabinoid compared to cannabis, which has a higher THC concentration that is responsible for feeling high.
Against the backdrop of growing legalization and overall acceptance of CBD products, a new trend has emerged: sustainable farming and CBD-based products production. Being of the industry’s trailblazers, Cannacare, is a 100-percent organic cannabis cultivation company.
Cannacare started in 2019, on the heels of the Hemp Farming Act, and has operations in California and Oklahoma. The company, founded by Anastasia Romanova and Dojcilo Scekic, employs state-of-the-art indoor horticulture techniques to grow premium-quality cannabis. The operation is entirely organic as Cannacare uses 100-percent organic soil whose primary ingredient is the organic compost from hemp stems and leaves that they make on the site. Mindful about sparing water use, Cannacare employs an irrigation system that uses as little water as possible. The eco-friendly attitude affects all sides of Cannacare’s business operations. In-doors hemp cultivation is hugely power-hungry as it requires 24-hour lighting rigs and ventilation. To cut on electric power consumption and provide the necessary light, the company has designed proprietary LED lights, Cannacare AAA+ lights. To be a sustainable and organic operation, Cannacare does not use pesticides or herbicides.
Though only two years in business, thanks to Anastasia’s and Dojcilo’s grit, Cannacare has already made a name for itself as a reliable, eco-friendly supplier of a high-quality product. With the commitment to donate up to 20 percent of revenue to charitable institutions helping needy children, inmates convicted of illegal turnover of cannabis, and endangered animal species, Cannacare is well-positioned to make a difference in its community.
In a bid to diversify its operations, Cannacare is launching CBD oil products, CBD-based hair care products, cosmetics, and a line of accessories made of hemp, such as ashtrays and clothing. To follow Cannacare’s progress and check out new products, visit their website and follow them on Instagram.