HOUSTON, TX / ACCESSWIRE / April 26, 2019 / The CBD story has been on the of the most explosive to date for investors.
In fact, multi-billion-dollar industries are just now being transformed by CBD, including alcohol, health and wellness, cigarettes, and the retail industry. It’s impacting a range of food, too. Everything from gummy bears and cookies to candy and brownies are being infused with CBD.
Better, the U.S. FDA could provide a substantial boost to cannabis stocks in weeks.
On May 31, 2019, the government agency will hold its first public hearing on legalizing CBD in food and drinks, to figure out how to regulate such products.
As the story unfolds we could be witness to a sizable cannabis boom.
Some of the top companies already benefiting from the story include Organic Flower Investments Group (CSE: SOW)(OTC PINK: QILFF), The Green Organic Dutchman (TO: TGOD)(OTCQX: TGODF), and Green Thumb Industries Inc. (CN: GTII)(OTCQX: GTBIF).
Organic Flower Investments Group (SOW)(QILFF) just announced that it entered into a definitive agreement to acquire an 80% interest in The Edibles and Infusions Corporation, which creates one of North America’s largest and most storied manufacturer and distributor of chocolate and sugar confectionary products.
Edibles and Infusions will design and develop a 50,000 square foot manufacturing and product formulation facility in Winnipeg, Manitoba. The facility will be capable of producing both cannabinoid/terpene-infused products for medicinal, functional and adult-use, including Gourmet snacks, including caramel popcorn, cheese biscuits, cocoa cookies, glazed pecans, and salty pretzels; Chocolates/toffees/caramels; Gummies/confectionary/gum; Baked goods; Flavored tinctures; Powdered drinks; and, CBD-infused pet products.
“Establishing a controlling stake in this JV is truly transformative transaction for Organic Flower. Along with our highly reputable JV Partner, we have firmly positioned ourselves at the forefront of the next phase of cannabis normalization- ‘Cannabis 2.0′. Armed with this state-of-the-art facility, Organic Flower expects to become the unequivocal leader within the highly lucrative cannabinoid-infused edibles and functional food marketplaces,” says Joel Dumaresq, Chief Executive Officer and a Director or Organic Flower.
For More Information on Organic Flower Investments Group, Click Here.
The Green Organic Dutchman (TGOD)( TGODF)is developing a distribution hug for large-scale beverage and edible products that can be introduced in Canada and abroad.
“We believe that the beverage and edible market will be the largest single segment of the cannabis market. Cannabis, as the base ingredient, makes these products possible. The medicinal and recreational market for CBD and THC will only increase over time and starting with an organic input is the most important aspect to developing these higher margin products,” notes TGOD President Csaba Reider.
For More Information on The Green Organic Dutchman Holdings Ltd., Click Here.
Green Thumb Industries Inc. (GTII)(GTBIF)is a vertically integrated company that manufactures and sells a well-rounded suite of branded cannabis products including flower, concentrates, edibles, and topicals. It also owns and operates a national chain of retail cannabis stores called RISE dispensaries.
The company just acquired theFor Success Holding Company, the Los Angeles-based creator of the lifestyle suite of Beboe branded cannabis products. The acquisition was previously announced on February 5, 2019.
Beboe is currently available in more than 125 retail locations in California and Colorado and via home delivery across California. In 2018, Beboe launched a direct-to-consumer hemp-derived CBD line of products and introduced several collaborations, including a CBD-infused drink with wellness brand Dirty Lemon.
For More Information on Green Thumb Industries Inc., Click Here.
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