Uncategorized Archives - Page 105 of 232

FridayAug 09, 2019 4:00 pm

Why THC Companies Should Also Start CBD Lines

Industry estimates put the total sales of both recreational and medical marijuana products in the U.S. at approximately $10 billion in 2018 alone while CBD products generated gross sales of more than $238 million in the same year. Both industries are still growing, and CBD registered a 57 percent growth rate in 2018. This brings an interesting possibility that if THC (marijuana) companies diversify into the CBD industry, they stand to benefit from both worlds. Here are some compelling arguments that show that working in both industries would be good for the THC companies. No Significant Learning Curve THC companies…

FridayAug 09, 2019 9:00 am

US Navy Warns Sailors About Hemp and CBD Products

As the CBD wave sweeps across the U.S. after the passing of the 2018 Farm Bill, the U.S. Navy has come out and warned its personnel to refrain from knowingly using any product made from hemp or CBD as this could jeopardize their standing in this branch of the armed forces. A press release issued by the Secretary of the Navy says that currently, there are no federal regulations for the CBD and hemp industries. This means that there is no way for navy personnel to be sure about the THC content of a product that they buy even if…

ThursdayAug 08, 2019 4:00 pm

One in Seven Americans Uses CBD Products, Gallup Poll Finds

A recent poll conducted by Gallup between June 19 and July 12 has found that 14 percent of all Americans say that they use products containing cannabidiol (CBD). The poll reveals some noteworthy trends in the way CBD is taking the country by storm after the legalization of hemp towards the end of 2018. Overall, younger people seem to be more exposed to, and are actually using CBD products when compared to older Americans. For example, two out of ten adults who are below 30 years report using CBD products while a paltry 8 percent of seniors aged 65 or…

ThursdayAug 08, 2019 9:00 am

Why CBD May Remain Highly Priced for Longer

If you have decided to try using a CBD product, such as CBD tinctures or oils, you may have noticed that the items are a bit on the pricey end, and this is cause for concern since many people who would benefit from the therapeutic effects of this compound are on the lower side of the purchasing power continuum. But why are these products expensive? Costly Extraction Methods In the U.S., industrial hemp was legalized across the country at the end of last year, so the supply end of the raw material from which CBD is extracted is still on…

WednesdayAug 07, 2019 4:00 pm

Massachusetts Businesses Frustrated by Ambiguous CBD Guidelines

Many farmers and business owners in Massachusetts say that the recent policy statement issued about hemp and its derivatives is very bad for business. Under that policy, some hemp products, such as food infused with CBD, are banned. This policy, which was announced in June, casts a shadow on the farmers and the local businesses that were hoping to get a slice of the money available in the booming hemp-CBD industry. Farmers are concerned that they may be unable to recoup what they have invested in growing their hemp crop if the state clamps down on the largest market that…

WednesdayAug 07, 2019 12:53 pm

Earth Science Tech Inc. (ETST) Offers Innovative, Well-Branded CBD Products

Earth Science Tech operates through diverse subsidiaries in the CBD space The company offers a wide range of CBD products, as well as its MSN-2 medical device ETST has varied distribution agreements in place to strengthen its foothold in the CBD marketplace Earth Science Tech Inc. (OTCQB: ETST) is a biotechnology company operating in varied and vibrant market sectors, including hemp cannabidiol (CBD), nutraceuticals, pharmaceuticals and medical-device research and development. Headquartered in Doral, Florida, the company functions by way of diverse, wholly owned subsidiaries centered on developing its role as a global leader in the CBD space. These subsidiaries are…

WednesdayAug 07, 2019 12:28 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Focuses on Europe, Launches Supreme Heights in London

Supreme Cannabis recently debuted its platform to pursue opportunities in the UK and European CBD health and wellness markets The launch comes as Supreme Cannabis continues to advance toward an acquisition of Truverra Inc. and its subsidiary, which sells CBD products in select European markets The strategic move provides investors with exposure to the fast-growing European CBD space The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is intensifying its focus on Europe with the launch of London-based investment platform Supreme Heights. In addition, the company’s previously announced acquisition of privately held, Toronto-based Truverra Inc. is expected to…

WednesdayAug 07, 2019 9:00 am

Aurora Cannabis Teams Up With UFC to Study CBD Use for Pain Management in MMA Athletes

Aurora Cannabis, a cannabis company based in Edmonton, is teaming up with the Ultimate Fighting Championship (UFC) to conduct research into how CBD can be used for pain management among mixed martial arts (MMA) athletes. This partnership is expected to result in several studies that will investigate the role of CBD in managing inflammation, pain, wound healing as well as recovery from intense training. The research is intended to understand the specific health and recovery needs of the elite athletes who take part in the highly competitive mixed martial arts. The information gathered during the studies will be the basis…

TuesdayAug 06, 2019 4:00 pm

4 Tips for CBD Producers Wishing to Break into the Spa Market

Spas in the U.S. alone are estimated to be worth $18 billion annually, and manufacturers of CBD topicals who wish to break into this market face stiff competition since every manufacturer is looking at this market of wealthy patrons. The following strategies can help a producer’s products to stand out from all others competing for the same clients. Ditch Handing Out Samples It is the norm for manufacturers of products, including CBD topical products, to make tiny samples that are handed out to potential clients in order to give them a firsthand experience of the product. However, a spa director…

TuesdayAug 06, 2019 11:21 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reviews Expansion of Client Base, Noting Unprecedented Number of License Agreements

Lexaria’s patented DehydraTECH technology improves taste, achieves higher absorption rates and promotes fast onset of bioactive compounds, including nicotine and cannabinoids Nine corporate licensees have signed a total of 11 definitive contracts to use DehydraTECH technology in innovative beverages, edibles and oral products Lexaria expects to experience unprecedented revenue growth as many of its clients plan aggressive rollouts and growth for their product lines Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is expanding its family of existing licensees and partners with an impressive lineup of new corporate licensees for use of Lexaria’s patented DehydraTECH absorption technology.…