While most people are familiar with THC (tetrahydrocannabinol) and CBD (cannabidiol), the main active components in marijuana, a new compound, CBG (cannabigerol), has been isolated and shows potential as a treatment for inflammation, appetite loss, and even brain deterioration. Tapping into these benefits from a single source is proving to be big business, and as more states move toward legalization, companies are finding new markets each year.
Advances in modern testing capabilities have allowed scientists to isolate and identify over 100 cannabinoids, and all of these can be bred into hemp plants, which contain 0% THC allowing cultivation and distribution in states where THC is still illegal.
Companies like Fairplay Ventures are taking the next step in the soil to oil market by creating vertically integrated hemp supply chains and providing top quality, lab tested hemp products. The Hemp industry is slated to be a $25b market by 2025, and the CBD explosion has proven that the demand for hemp products that contain no THC is robust.
As legalization has expanded throughout the United States, one thing has become clear, the marijuana and hemp industry is a lucrative and growing marketplace with vast potential for new businesses. CBG is the newest isolated cannabinoid that illustrates that the industry is continually evolving as scientists can increase testing and evaluation. While CBGs medical benefits are becoming evident, what makes it of particular note is its ability to mutate into THC or CBD under the right conditions.
This unique development could determine an entirely new course for the cultivation of marijuana and hemp products and impact these markets fundamentally. Scientists have discovered that the so-called entourage effect, where a broad spectrum of cannabinoids works in conjunction, often produces the most effective medical treatment. Because of its ability to transform itself, CBG is presenting exciting potential in the hemp industry, and as discoveries continue the potential for growth and unlimited opportunities.