Hemp & CBD
We focus on North American mid-market companies with high growth potential. We stay in industries we know the best, namely consumer products, mining, clean technology, and hemp & CBD.
Industrial hemp in Canada is regulated by the new Industrial Hemp Regulations, which were incorporated under the Cannabis Act that entered into force on October 17, 2018. Canada defines “industrial hemp” (hereafter “hemp”) as cannabis varieties that contain less than 0.3 percent of THC (delta-9-tetrahydrocannabinol) in the flowering heads and leaves.
The 2018 Farm Bill became law on December 20, 2018. The 2018 Farm Bill removed Hemp from the list of controlled substances under the Controlled Substances Act. The 2018 Farm Bill also redefined Hemp to include its “derivatives, extracts, and cannabinoids”, and accordingly removed popular Hemp products, such as Hemp-derived cannabidiol (“CBD”) from the purview of the DEA.