Cannabis oil, better known as CBD, is all the rage right now, and a pilot program will allow Connecticut farmers to get in on the action.

Gov. Ned Lamont announced Thursday 82 farms have already signed up to grow industrial hemp. But it's not just for CBD.

Hemp can be used for various things, including clothes, lotions and food.

Specialty farms like Ace Begonias in Woodbridge are quickly replacing dairy and tobacco farms because hemp gives them a lucrative new option.

"This is something that will be a game changer for agriculture and an industry that has had its trials and tribulations over the last couple of years," said Sen. Cathy Osten.

But it's not just farms. Banks are getting on board, too.

"I had heard early on that there were challenges with lending institutions, but I've since heard that those have been cleared up and people have been able to bank freely," said Bryan Hulburt, agriculture commissioner of Connecticut.

Although they're similar, hemp is not marijuana. It does not contain THC.

If you're a farmer and would like to apply for a license, click here.