THC to #CBD: More #Cannabis
Companies Expand Their CBD Capabilities; (OTC: $DVLP) (OTC: $TGODF) (OTCQB:
$KHRNF) (OTCQB: $SOLCF)
Point Roberts WA,
Delta BC – March 12, 2019 - 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.
Read this in full at https://www.investorideas.com/news/2019/cannabis/03121CBD-Stocks.asp
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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