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Posted On: 07/22/2019 8:12:13 AM
Post# of 87013
THE GREEN RUSH is upon us!
$UNVC CONGLOMERATE INC TO $5.00PLUS
https://www.bloomberg.com/news/articles/2019-...-cash-crop
$UNVC CONGLOMERATE INC TO $5.00PLUS
https://www.bloomberg.com/news/articles/2019-...-cash-crop
Quote:
The surge in demand is fueling a global Green Rush, even in countries where a legal market for cannabis products was unthinkable just a few years ago. “We are getting phone calls from big pharma groups in Asia, all parts of the world: ‘Can you get product? Can you supply to us?’ ” says Glenn Davies, chief executive officer of industrial hemp grower CannAcubed Pte. The Singapore-based startup planted its first commercial hemp crop in May in China’s Yunnan province. “It’s all about hemp.”
Quote:
Investors are pouring money into massive CBD extraction facilities and processing plants in the U.S., hoping to be ready when Coca-Cola Co., Procter & Gamble Co., and other consumer giants finally embrace cannabis. Colorado CBD company Mile High Labs has developed technology to remove unrefined hemp extract from the plant, and it recently paid $18.8 million for a 400,000-square-foot former Novartis factory where it will make products such as lotions and tinctures.
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