You wouldn’t be wrong if you said cannabidiol (CBD) has taken the world by storm. You wouldn’t expect a chemical extracted from cannabis to gather much support, but it has. In the U.S., industrial hemp, a cannabis variety with less than 0.3% of THC, was legalized by the 2018 Farm Bill, kick-starting the CBD craze.
A year later, the CBD sector is worth millions, and there are thousands of CBD products in circulation. With talk of the cannabidiol market being saturated, hemp producers have started turning to minor cannabinoids. Hemp produces over 100 of them, and although most of what we know about cannabinoids concerns CBD and THC, interest in the minor cannabinoids is peaking.
Cannabigerol (CBG) is one of the cannabinoids that has piqued farmers’ interest. Finding reliable genetics is one of the main hindrances to growing CBG-rich hemp, though, but that will soon change. In partnership with Swiss Cannabinoid, High Grade Hemp has released a new CBG hemp strain, Matterhorn CBG, a new boutique European CBG-rich cultivar.
For years, Matthias Ghidossi, the founder of Swiss Cannabinoid, has been cultivating his own terpenes and cannabinoid-rich hemp, and after a survey of thousands of hemp varieties, he concluded that the best varieties were terpene and CBG rich.
“We chose to focus on CBG due to its powerful efficacy in early trials. Over the past few years, more and more research has been conducted to understand the value of CBG. The early results of clinical testing in Europe are creating a lot of excitement in the field of science and medicine,” he says.
Cannabinoids are known to have medicinal properties. CBD is, without a doubt, the hottest one right now, and it’s been said to have a plethora of medical applications. Users claim it’s effective against a variety of ailments ranging from anxiety and high blood pressure to chronic pain and insomnia. There’s even a CBD-based drug used to treat seizures caused by two rare and hard to treat pediatric epilepsies.
Bodhi Urban, the CEO of High Grade Hemp Seed says, “At High Grade, we have focused our breeding program and partnerships to ensure farmers can grow proven, strong and diverse genetics. That’s one of the reasons we decided to work with Swiss Cannabinoid as a true genetics partner. Paving the way in CBG has been a logical next step, both in advancing the agricultural industry and also improving the availability of CBG products to U.S. consumers.”
High Grade will be giving away high-quality CBG genetics to 10 licensed farmers in the U.S., and the winners will be randomly selected and announced at the end of March 2020.
It would be great to hear what thoughts leading CBD companies like Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) have about how quickly consumers will take to CBG.
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