DE BEQUE, Colo. (KJCT/KKCO) -- When the 2018 farm bill passed in Congress, hemp was officially removed from the Controlled Substances Act.
Now, a local business is hoping to reap the benefits.
'One Venture' opened Friday in De Beque, selling products made from cannabis. The products they sell must contain less than .3 percent THC, meaning that their CBD tinctures and bath products have no psychoactive properties.
Sourcing from Colorado Department of Agriculture registered farmers—the body care products, textiles and tinctures One Venture sells are regulated by the USDA and FDA, and not treated as drugs.
"The potential for hemp is incredible for the agricultural industry, for the construction industry, for the problem of plastic in our oceans." Brendan Fall, the chief operations officer for One Venture said. "So, to be able to make a biodegradable compound is fantastic.”
The owners of One Venture say they hope to accumulate more local products from Colorado farmers and manufacturers in the days and weeks to come.