Three of the Top CBD Stocks Attracting Retailer Interest
Mon March 11, 2019 8:45 AM|Accesswire|About: BOSQF, SPG
HOUSTON, TX / ACCESSWIRE / March 11, 2019 /
The $867 billion Farm Bill has set the stage for the CBD boom.
Thanks to the bill, we're just beginning to see more CBD-infused products in major retailers.
DSW for example, has been running tests in its stores with CBD, announcing plans to expand such products to nearly 100 stores. Neiman Marcus (NMG) is pushing ahead with CBD sales at some of its stores and online. Simon Property Group (SPG) is partnering with Green Growth Brands (GGBXF) to open 108 stores in its malls just in 2019.
Barney's is launching "The High End," a luxury cannabis retail shop in Beverly Hills, California in partnership with cannabis company, Beboe.
Even the CEO of Whole Foods has indicated he's keeping a close eye on cannabis regulation, suggesting that it could show up on shelves. "If cannabis is ever passed in Texas," he said, as quoted by Leafly, "chances are good that grocery stores will be selling that, too."
However, that's just the start.
By 2022, according to the Brightfield Group, the CBD industry could reach $22 billion.
All as the U.S. wakes up to the many health and wellness benefits of cannabis. As that happens, some of the companies that will continue to benefit include The Yield Growth Corporation (CSE:BOSS)(OTCQB:BOSQF), Curaleaf Holdings Inc. (CURLF) (CN:CURA)(OTC:CURLF), and Charlotte’s Web Holdings Inc. (CSE:CWEB)(OTC:CWBHF).
The Yield Growth Corporation's (BOSS)(BOSQF)just completed the initial designs for a commercial hemp root oil production facility, and sourced and ordered key equipment for its proprietary extraction technology.
After reviewing the data from its hemp root oil production to date, Yield Growth designed a state-of-the-art system to enhance the traditional Ayurvedic methods of extraction that produce a consistent, high-quality product.
Yield Growth will continue to innovate and conduct further research on creating cannabidiol from industrial hemp over the next few quarters. The versatility of the new equipment allows further refinement to the process of extracting cannabinoids from industrial hemp that are exempt from the Cannabis Act. Yield Growth will continue to develop unique products through its patent-pending extraction technology - and enhance the bioavailability of botanicals through the skin. Extraction equipment will arrive within weeks, allowing for the production and testing of sample batches of hemp root oil using the enhanced design.
The company anticipates the new commercial hemp root oil extraction facility will be fully operational by late 2019.
https://seekingalpha.com/pr/17439578-three-to...r-interest
Mon March 11, 2019 8:45 AM|Accesswire|About: BOSQF, SPG
HOUSTON, TX / ACCESSWIRE / March 11, 2019 /
The $867 billion Farm Bill has set the stage for the CBD boom.
Thanks to the bill, we're just beginning to see more CBD-infused products in major retailers.
DSW for example, has been running tests in its stores with CBD, announcing plans to expand such products to nearly 100 stores. Neiman Marcus (NMG) is pushing ahead with CBD sales at some of its stores and online. Simon Property Group (SPG) is partnering with Green Growth Brands (GGBXF) to open 108 stores in its malls just in 2019.
Barney's is launching "The High End," a luxury cannabis retail shop in Beverly Hills, California in partnership with cannabis company, Beboe.
Even the CEO of Whole Foods has indicated he's keeping a close eye on cannabis regulation, suggesting that it could show up on shelves. "If cannabis is ever passed in Texas," he said, as quoted by Leafly, "chances are good that grocery stores will be selling that, too."
However, that's just the start.
By 2022, according to the Brightfield Group, the CBD industry could reach $22 billion.
All as the U.S. wakes up to the many health and wellness benefits of cannabis. As that happens, some of the companies that will continue to benefit include The Yield Growth Corporation (CSE:BOSS)(OTCQB:BOSQF), Curaleaf Holdings Inc. (CURLF) (CN:CURA)(OTC:CURLF), and Charlotte’s Web Holdings Inc. (CSE:CWEB)(OTC:CWBHF).
The Yield Growth Corporation's (BOSS)(BOSQF)just completed the initial designs for a commercial hemp root oil production facility, and sourced and ordered key equipment for its proprietary extraction technology.
After reviewing the data from its hemp root oil production to date, Yield Growth designed a state-of-the-art system to enhance the traditional Ayurvedic methods of extraction that produce a consistent, high-quality product.
Yield Growth will continue to innovate and conduct further research on creating cannabidiol from industrial hemp over the next few quarters. The versatility of the new equipment allows further refinement to the process of extracting cannabinoids from industrial hemp that are exempt from the Cannabis Act. Yield Growth will continue to develop unique products through its patent-pending extraction technology - and enhance the bioavailability of botanicals through the skin. Extraction equipment will arrive within weeks, allowing for the production and testing of sample batches of hemp root oil using the enhanced design.
The company anticipates the new commercial hemp root oil extraction facility will be fully operational by late 2019.
https://seekingalpha.com/pr/17439578-three-to...r-interest
