8, /PRNewswire/ -- Medical Marijuana, Inc. (MJNA), the first-ever publicly "With the demand for wholesale CBD at an all-time high, and. Browse our catalog of the cannabis, marijuana, hemp derived products including hemp cbd oil supplements, skin care, hair care, and more. 7, /PRNewswire/ -- Medical Marijuana, Inc. (OTC: MJNA), the in bulk for U.S. consumers and also provide high-quality CBD hemp oil to.
with Why Inc. Marijuana, Wholesale CBD Medical
Hemp, of course, contains the most CBG, which is a precursor to most CBD, however, since it is the rarest compound, it is expensive to extract and there is limited research completed.
A handful of trials on mice have demonstrated that CBG is capable of fighting breast cancer and delaying colon cancer, in addition to being a powerful treatment of other psychosis. Since March , Canada has had a licensing system for the cultivation and processing of industrial hemp for commercial purposes. That year, Health Canada issued licenses to farmers to grow hemp on 6, acres. By mid, that number had grown to licenses and 35, acres. With the IHR license, a cultivator is permitted to produce hemp derivatives as long as the sprout, leaves, flowers, and bracts of the plant are excluded from the production process.
This provides the hemp industry with a variety of revenue streams to be utilized that previously were not available. The change in the legislation will permit hemp cultivators and processors to utilize the entire crop of the industrial hemp, rather than just the seeds, allowing for a new range of products. Isodiol International is a Canada-based company specializing in the production of pharmaceutical and consumer products.
The Company has been focused primarily on CBD oils nutraceuticals that are derived from hemp. Isodiol manufactures over 30 different products using Their diverse product portfolio including beverages, clinically proven anti-aging skin care and nutraceuticals.
In an effort to expand its management team, grow its brand awareness, and escalate their growth in sales, Isodiol has executed numerous acquisitions and licensing agreements with companies in the medical and cannabis industry. Canopy Growth Corporation is a diversified, multi-brand cannabis and hemp company, offering distinct brands and curated cannabis products with varieties in dried, oil and soft-gel capsule forms.
In the past year, the WEED has sold 6, kilograms of cannabis products to the Canadian medical market. The Company also acquired the necessary agreements to export medicinal cannabis to Australia, Brazil and Germany. WEED has the largest licensed production platform in Canada, with over , sq.
To further solidify their leading position in the market, Canopy Growth expects to have up to an additional 5,, sq. Canopy Growth, through its acquisitions, also diversified its cannabis business into the development and sale of hemp-based products.
Canopy has access to the growing market for consumer food and skincare products through its acquired subsidiaries Mettrum and Group H. To support this growth, custom built extraction infrastructure will be installed at the facility in Yorkton, Saskatchewan.
Hempco Food and Fiber Inc. Hempco Food and Fiber is a producer and distributor of hemp-based products. Hempco currently has a 56, sq.
With the passing of Bill-C45, Hempco plans to utilize the stalk of the hemp plant as a fiber source for industrial building and textile uses. Its products are also distributed in 1, retailers in the UK and sold on Amazon, reaching 30 other countries. Global Hemp Group Inc. The next phase of its business is the development of value-added industrial hemp-based products through the Hemp Agro — Industrial Zone partnership.
The current Oregon facility has five greenhouses for cultivation that are a total of 20, sq. The northwest New Brunswick facility has acres of space for hemp crop cultivation and is capable of primary and secondary processing. The facility is expected to begin cultivation in H2 and 4, sq. Tinley Beverage Company Inc. Its premium mixed liquors and cocktails can be found in grocery and convenience stores throughout California.
Hemplify uses a proprietary technology to enhance protection and absorption of hemp extracts from its beverages. This results in a more potent drink, with a more predictable CBD uptake. The Company has two production projects in Quebec, Canada, which will have production space of 1,, sq.
The combined production capacity is estimated at , Kg of cannabis annually. MYM also has a production facility of 1,, sq. Friday Night has a 12, sq. Owned by Medical Marijuana, Inc. Unlike Kannaway, hemp and CBD products make up just a part of Youngevity's overall product offerings, though the company's line of hemp-infused products HempFX include topicals, supplements, sleep aids, and infused water.
Feeling the sting, the company now intends to spend the rest of the year positioning itself with an expanded market presence for both CBD and coffee for The Hemp Business Journal tried to contact Direct Selling News regarding its projections, but by publication had not received any reply. Once hemp and CBD products become available through mass-market channels such as Walmart, sales through direct selling are expected to decline.
Nevertheless, the Hemp Business Journal will continue collecting data about the trends in order to update readers as new information becomes available. William Sumner is a writer for the hemp and cannabis industry. Hailing from Panama City, Florida, William covers various topics such as hemp legislation, investment, and business.
You can follow William on Twitter: Membership is Free What are you waiting for? Free Account Login Click here to access your premium account.
Hemp Stocks Could Be the Next Big Cannabis Trend
SAN DIEGO, Sept, /PRNewswire/ -- Medical Marijuana, Inc. in bulk for U.S. consumers and also provide high-quality CBD hemp oil. HempMeds® was recently mentioned in an article by Yahoo Finance as one of the top 5 hemp-derived CBD companies in the industry. Direct Selling Cutting Out The Middleman For CBD Products for Now Also known as multilevel marketing (MLM), direct selling eliminates a wholesaler or Owned by Medical Marijuana, Inc. (OTC: MJNA), Kannaway has.