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Markets for CBD Products to Explode With New U.S. Hemp Legislation


News provided by

USA News Group

23 Jan, 2019, 14:00 GMT

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LOS ANGELES, January 23, 2019 /PRNewswire/ --

FN Media Group Presents USA News Group News Commentary  

By removing hemp from the Controlled Substances Act via an amendment to the 2018 Farm Bill, U.S. Congress appears to have cleared a path for American companies interested in using hemp and its extracts. Retailers selling those products are predicted to see an explosion in market share as a result.

The market for CBD products is already significant and has increased the worth of a growing list of so-called mainstream cannabis participants including MariMed Inc. (OTC: MRMD), Canopy Growth Inc. (TSX: WEED) (NYSE:CGC) and Cronos Group (NASDAQ: CRON) (TSX:CRON).

While the retail market for marijuana is booming, the CBD products business appears to be about to swing the doors wide open. One early innovator in the space is The Yield Growth Corp., which is attracting plenty of interest. The Yield Growth Corp. (CSE:BOSS) has developed a line of wellness and beauty products that make the most of what the hemp plant can offer legally, as well as offering the opportunity to infuse those products with THC or CBD where legal.

Food is a logical leader 

The hemp is rich in omega-3 and omega-6 fats, protein and other nutritional benefits, and it provides what's described as a "nutty flavor" that goes well in foodstuffs. You can find hemp seeds, hemp milk and hemp-based meat alternatives at specialty grocery stores if you look. Those are made mostly from hemp imported from Europe, Canada and elsewhere. Based on the legalization of hemp, the demand for hemp foods will increase and with it, broader access to domestic U.S. hemp.

All food and drinks infused with CBD will still have to be approved and regulated by the FDA, but that appears to be a small barrier for such a lucrative market.

Health supplements and wellness 

Many people would like the nutritional benefits of hemp without having to eat hemp seeds or a veggie burger. Hemp and hemp-derived CBD extracts, proteins and its isolates are a quicker, easier way to consume. Hemp-seed oil and extracts have also been shown to help with skin and hair disorders. In fact, CBD has been shown to possess potential benefits in dealing with everything from anxiety, sleep and pain disorders to epilepsy.

Hemp and hemp-seed supplement makers are expected to continue to operate without much change, but CBD supplements will probably have to alter their terminology, along with the CBD infused food and drinks. Clearly there is going to a be a whole new supply of products entering chains like Whole Foods, and even stores like Kroger and Safeway.

Cosmetics and beauty products 

Already one of the largest sectors of hemp-based products in America, cosmetics made with the plant is about to get bigger. You can find lotions, lip balms, soap, lipstick, makeup and a variety of beauty products made with hemp and hemp-derived CBD at retailers and online. With legal hemp, expect more physical shelf space to be devoted this line as the hemp popularity increases.

A first-mover in this category is The Yield Growth Corp., whose unique approach aims to sell its base products nearly anywhere in the world, and then capitalize on any market that has legalized recreational use of THC or CBD. In this way, they are opening new markets with the legalization as a pathway to larger market share.

The Yield Growth Corp. has multiple major brands to provide a portfolio in the developing CBD space. Under the brand Urban Juve, they currently support a set of nearly 50 products that are launching in 2019. Based in Canada, the company has already completed 26 Health Canada registrations. The initial launch will consist of base products only.

The Yield Growth Corp. also has granted CROP Infrastructure Corp., which grows, produces, and sells cannabis products, the rights to distribute Urban Juve products in Italy. CROP has a foothold in California, Nevada, and Washington State, and have recently expanded into Jamaica looking to capitalize on the ideal growing conditions there.

Pet treats and toys 

There's a growing body of research showing that hemp and CBD extracts can help our pets similar to the ways they help us. Already veterinarians and pet owners are using hemp-seed extracts for nose and ear afflictions; CBD is also being widely adopted to treat anxiety and pain among dogs and cats without harmful side effects of some mainstream therapies. Of course, these produces will be regulated by the FDA. And since hemp fibers make a tough, durable rope or toy for chewing and tug-of-war, our furry friends will be chewing on hemp more often, too.

Legislation Means A Huge New Playing Field That's Wide Open  

Already market watchers say industrial hemp may be yield bigger cash crop than marijuana, with its seeds, stalks, fibers and cannabinoids all used to make the innovative products. There are a number of commonplace goods we use every day that will be impacted by hemp legalization.

Cannabis and hemp supporting companies already moving on opportunities in the now wide-open marketplace can gain a significant edge from the new products. These include:

MariMed Inc. (OTCQB:MRMD) provides turnkey solutions to cannabis cultivators, producers, and dispensaries. The company specializes in solutions for securing and operating facilities, manufacturing and processing, dispensary, layouts, and designs, merchandising and sales. They have assisted clients with securing state-issued cannabis operating licenses in eight states with licensed partners and distributors in RI, DE, NV, MA, and MD and working with manufacturers in CA, CO, AZ, OR, WA and ME.

Canopy Growth Inc. (TSX:WEED) (NYSE:CGC) is the world's largest diversified cannabis company. Canopy boasts a wide offering of distinct brands and curated cannabis varieties in dried, oil and capsule forms.

Cronos Group (NASDAQ: CRON) (TSX:CRON) is hoping to grow through providing medical marijuana to international markets. The company has an exclusive cannabis supply agreement with Pohl-Boskamp, which distributes products to more than 12,000 pharmacies in Germany. Cronos is participating in a joint venture to supply medical marijuana to Australia, New Zealand, and Southeast Asia.

For a more information about The Yield Growth Corp. and legal marijuana businesses see the article at: http://usanewsgroup.com/2019/01/15/the-sleeping-giant-for-2019-just-woke-up-and-its-a-game-changer-for-investors-looking-to-diversify-into-a-multi-billion-dollar-sector/

Article Source: 

USA News Group

http://usanewsgroup.com

info@usanewsgroup.com

Legal Disclaimer/Disclosure: This piece is an advertorial and has been paid for. This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. No information in this Report should be construed as individualized investment advice. A licensed financial advisor should be consulted prior to making any investment decision. We make no guarantee, representation or warranty and accept no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of USA News Group only and are subject to change without notice. USA News Group assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, we assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information, provided within this Report.

DISCLAIMER: USA News Group is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with USA News Group or any company mentioned herein. The commentary, views and opinions expressed in this release by USA News Group are solely those of USA News Group and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Media Contact Information:
FN Media Group, LLC
editor@financialnewsmedia.com  
U.S. Phone: +1(954)345-0611

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