October 2019 - CBDWire

ThursdayOct 31, 2019 4:00 pm

CBD and Yoga: A Match Made in Heaven

It's hard for a day to go by without fresh news of CBD. Products made from the cannabis extract have been selling like hotcakes, mainly owing to cannabidiol's vast range of uses in the medical, sports, and health and wellness communities. More and more athletes have offered their support for CBD, incorporating it into their regimens. It helps them recover from tough workouts, and makes exercising a lot more enjoyable. Last week, the USA Triathlon became the first major sports organization to welcome sponsorship from a CBD company. Well, a new use for the versatile product has come to light;…

ThursdayOct 31, 2019 9:00 am

Parents of Epileptic Teen Plead For Easier Access to CBD Prescriptions

Young Bailey Rankmore suffers from Lennox-Gastaut syndrome, a particularly nasty form of epilepsy that sees him having up to 100 seizures on a daily basis. He is the latest in an increasing number of people in the UK who have used CBD to help manage severe conditions. His parents, Craig and Rachel Rankmore, have pleaded with the NHS (National Health Service) to make it easier to access prescriptions for medical cannabis. After running out of conventional treatments for their son, they decided to think outside the box, settling on a private CBD prescription when he was fourteen. "He'd have a…

WednesdayOct 30, 2019 4:00 pm

Indiana CBD Extractor Announces Expansion Plans

The residents of Central Indiana will be happy to know that a sizeable company intends to bring over 100 new job opportunities to the community. In its announcement, Indiana-based BDX Indiana recently said that over a third of those positions would be at a planned hemp extraction facility in Westfield. BDX is a sister company of Biodynamic Ventures, and it extracts CBD from hemp grown in Indiana. The CBD manufacturer produces what is referred to as full spectrum dissolute products. It uses hemp grown in Indian by Hoosier farmers. Ken Thieneman, BDX-Indiana President, says that the CBD extract will be…

WednesdayOct 30, 2019 3:17 pm

No End to Broadening Neutra Corp. (NTRR) Horizons in Sight: Company Targets New Hemp-Based CBD Products and Markets

New LOI would allow the company to join development of a wide range of hemp-based medicinal products Neutra would also gain access to a cultivation license and a research license to examine the role of cannabinoids as antioxidants and neuro-protectants CBD sales in the U.S. expected to exceed $20 billion by 2024; hemp-based CBD product sales reached $390 in 2018 and are expected to more than triple over the next couple of years Early-stage research and development company Neutra Corp. (OTC: NTRR) executed a Letter of Intent (LOI) that could lead to the joint development of a vast selection of…

WednesdayOct 30, 2019 12:28 pm

HTC Extraction Systems (TSX.V: HTC) to Expand Operations with $10 Million in New Funding

HTC recently closed a bought deal private placement worth $10 million in funding Demand for hemp biomass continues to grow with the U.S. hemp-derived CBD market expected to reach $22 billion by 2022 HTC’s proprietary biomass processing methodology maximizes extraction and purification of hemp biomass After successfully raising $10 million in a private placement financing of 25 million units of the company, HTC Extraction Systems (TSX.V: HTC) is poised to expand its role in the cannabidiol (CBD) extraction market. HTC plans to use the funds for purchase of extraction, purification and refining equipment, and for general working capital purposes, the…

WednesdayOct 30, 2019 9:00 am

Star Promises to Come Out of Retirement if NFL Okays CBD

Cannabidiol (CBD) has been making waves in the medical, sports, health, and wellness community. Its pain-relieving properties have especially captivated people, and there has been a push to legalize its use for pain-relief in the sporting world. A revelation from a retired football player might just give this campaign a push in the right direction. Former New England Patriots tight end Rob Gronkowski called onto the NFL to allow players to use CBD products, saying that it would give him the option to come out of retirement ahead of the 2020 season. "I don't want to be banned from playing…

TuesdayOct 29, 2019 4:00 pm

Poll Shows a Lot of Americans are Unwilling to Buy CBD Sans FDA Regulations

Last December, Congress passed the Farm Bill, a legislation that legalized the cultivation of industrial hemp. This came after spirited efforts by lobbyists and a group of senators led by Senate Majority Leader Mitch McConnell to legalize hemp, the plant which produces cannabidiol (CBD). Their efforts were backed by the knowledge of a market ready and willing to purchase CBD products. However, a recent poll has revealed some troubling news. The fact that the FDA hasn't come up with regulations is hurting the industry. And worse, people who need the benefits that CBD offers are avoiding it due to the…

TuesdayOct 29, 2019 12:18 pm

VPR Brands LP (VPRB) Reaps Benefit of Growing Social Media Buzz over CBD, Focuses on CBD Product Lines

CBD is a key piece of VPR Brands’ product development and marketing, with its GOLDLINE CBD products serving as a significant new entrant into the space The company recently exhibited its new GOLDLINE product offerings, including CBD oil, CBD-oil cartridges, gummies and CBD-oil tinctures, at NACS Expo VPRB grew sales to $1.58 million in Q2 2019, marking a 31 percent jump from the comparable period of the prior year VPR Brands LP (OTCQB: VPRB), a multi-vertical tiered technology holding company in the cannabis space, is expanding and focusing on CBD products as the term ‘CBD’ is itself becoming more significant…

TuesdayOct 29, 2019 9:00 am

Study Finds That CBD Tops Meditation, Marijuana and Exercise in US Google Searches

Cannabidiol (CBD) is the principal non-psychoactive component of the hemp plant. Unlike THC (delta-9 tetrahydrocannabinol), CBD doesn't give users a psychotropic high. Its strength lies elsewhere. Over the past few years, the compound has helped people deal with a variety of medical conditions, ranging from insomnia and menstrual cramps to chronic pain and epilepsy. While there's plenty of anecdotal evidence, there has been very little scientific research on CBD's effectiveness and side effects, and a lot of people are cynical about its abilities. Despite this, demand for CBD products is growing at an almost exponential rate. All this came to…

MondayOct 28, 2019 4:00 pm

Construction of First Cannabidiol Processing Facility in Virginia Nears Completion

CBD processor Green Leaf Medical is kicking things into high gear, in a bid to complete the construction of one of the only five medical cannabidiol processing plants ahead of a state-mandated deadline. The processor was awarded the coveted license last year, and it expects to complete the first phase of the 82,000 square foot complex at Decatur St. in the city's south side by the end of this year. "We are narrowing in. We expect to get our certificate of occupancy sometime in December," said Phillip Goldberg, Green Leaf Medical CEO. He has led the project with Virginia Pharmaceutical…

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Month: October 2019