Momentum in #CBD
Markets fueled by New Investments and Partnerships; (OTC: $DVLP) (OTC: $TGODF)
(OTCQB: $KHRNF) (OTCQB: $SOLCF)
Point Roberts, WA and Delta, BC
- March 13, 2019 (Investorideas.com Newswire) Investorideas.com, a leading
investor news resource covering hemp and cannabis stocks releases a snapshot
looking at the growing number of cannabis companies expanding their CBD
capabilities, following the major market trends for 2019.
Every company and investor in
the cannabis industry is well aware of the hype surrounding the potential for
CBD and hemp. You can find a plethora of articles flooding the news about this
sector, and the hype seems well justified according to research from New
Frontier Data.
The momentum of CBD is making
everyone take notice and many cannabis companies are not wasting this momentum
for CBD, investing in new partnerships and business changes to ensure a strong
position for the future.
The Green Organic
Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF) recently announced that it has entered into a multi-year
extraction services contract with Valens GroWorks Corp. to have the first organically certified hemp-derived CBD products
for Canada.
TGOD has been working
closely with Valens to help expedite the pathway to organic certification for
Valens organic processing methodologies. Upon certification, TGOD will have
exclusive access to services provided by Valens for certified organic
extraction processing for a period of 1 year.
Being first to market
in Canada with organically certified hemp-derived CBD products allows TGOD to
capture the organic CBD market share, securing future growth in this newly
legalized cannabinoid vertical.
Golden Developing Solutions, Inc.
(OTC: DVLP), an emerging company in the cannabis and CBD
space is also making progress in the
CBD market, having just announced the completion of its acquisition of Infusionz, LLC
(CBD Infusionz), a manufacturer of CBD based products.
"CBD Infusionz is a true leadership play in the CBD space, with
rapidly growing sales and the best quality products in the industry. This is
the company that developed and launched one of the first edibles in the legal
marijuana space and now they have created the best acquisition in the CBD
space. Our business is growing exponentially with massive upside with capital
improvements and operational sophistication. We strongly believe this
acquisition adds an enormous dose of value for DVLP and its shareholders,"
noted the Company's CEO, Stavros Triant.
Khiron Life Sciences
Corp. (TSXV: KHRN), (OTCQB: KHRNF), a vertically integrated cannabis leader
with core operations in Latin America is looking to introduce its CBD brand to
new consumers and international markets, having announced that they will participate in Cosmoprof
Worldwide Bologna, taking place March 14-17 in Bologna, Italy. Recognized as
the largest and most important event in the beauty buyers' calendar, this event
brings the Company's Kuida® cosmeceutical portfolio to a global network of
retail buyers and distributors.
Andres Galofre,
Co-founder and VP Business Development, Khiron Life Sciences Corp., states,
"Our participation in Cosmoprof Worldwide Bologna marks an important
milestone for Khiron as we bring the Kuida® brand to the global market for the
first time. As well, we will be educating beauty buyers about cannabis
legislation in their jurisdiction as it applies to CBD-based cosmeceuticals,
and increase awareness of the market potential in this fast developing
category."
Launched in Colombia
in October 2018 through retail, wholesale and online channels, Kuida® will now
target the global skincare market which, according to Euromonitor
International, is expected to reach US$131 Billion in 2019.
SOL Global
Investments Corp. (CSE: SOL) (OTCQB: SOLCF) is looking more into supply than brand
awareness, having announced that it has signed a binding letter of
intent to acquire three tracts of agricultural property totaling 568 acres of
land in the States of Tennessee and Kentucky for the cultivation and production
of raw hemp biomass.
The Company will
assign the agricultural property to its hemp/CBD-focused subsidiary, Heavenly
Rx Ltd, which will allow Heavenly to fill future national or international
orders using its own farms and supply agreements, a key development in
Heavenly's strategic plan to become a vertically-integrated leader in the hemp
and CBD marketplaces.
CBD/Hemp seems to be
taking the spotlight away from its THC/Cannabis counterpart, due mainly to the
fact that it is non-psychoactive, “healthy” approved, now less regulated and
generally less socially stigmatized against.
More and more companies are planning their futures around this very
change.
We may never see a
high number of THC/cannabis products sold in grocery stores and pharmacies, but
CBD products will certainly be hitting shelves near you soon, if they aren’t
there already.
For investors following
cannabis stocks, Investor Ideas has created a stock
directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX
Marijuana/Hemp Stocks
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