Cannabis and Hemp Industry Riding North America Legalization Wave - Seite 2

Contracts have now been signed with the initial group of four farmers, who began seeding this season's 125-acre industrial hemp crop last week. The farmers participating in the project in 2018 are located throughout the northeastern region of New Brunswick, Canada, making for a good cross section of results for research conducted on the behavior of the crop across that region. The distribution of farms will maximize the demonstration effect and will facilitate the recruitment of additional farmers in the following years. This carefully selected group of farmers will actively participate in addressing the introduction of this new crop across different regions.

A 4,000 sq. ft. facility has now been secured in Bathurst, New Brunswick for the project. The building will be used for biomass storage and to install drying equipment that will used to process the fresh material. Dried material will be stored at the facility while awaiting further processing by third party processors. Once proper licenses have been acquired for importing and manufacturing finished CBD products, the site may also serve as a distribution center for the hempSMARTTM and Benihemp line of products. Read this and more news for MCOA at http://www.marketnewsupdates.com/news/mcoa.html

In the industry developments and happenings in the market this week include: 

PotNetwork Holding Inc. (OTC: POTN) recently announced that its wholly owned subsidiary, Diamond CBD, Inc. was showcased at Booth 65 at the Atlantic City Convention Center, where 25,000 samples of its most popular CBD infused assorted gummy bears, were enjoyed by an international crowd of counter-culture exhibitors, consumers, and vendors. Diamond CBD has a highly successful history of sales from these key trade shows. At this show the Company featured numerous products, drawing attention directly from prospective vendors on a global scale. Featured at the show were Diamond CBD's Vape Additives, Liquid Gold Vape Juice, Chill CBD Gummies, Diamond CBD Tinctures and Biotech Creams, the Company's most successful products.

Medical Marijuana Inc. (OTC: MJNA) recently announced it has garnered international news coverage on leading news and pop culture website BuzzFeed. A May 13, 2018, article on the BuzzFeed website entitled "What Is CBD Oil An Why Are People So Into It? A Guide" talks about the many health and wellness benefits of cannabidiol (CBD) and quotes Medical Marijuana, Inc. CEO Dr. Stuart Titus throughout on how CBD works and the research that is being done to provide evidence for its many uses. The article also quotes Dr. Titus on the legal landscape of CBD and its fluctuating prices on world markets. The top news and lifestyle website, which boasts an audience of over 18 million unique global monthly views, is targeted at millennial consumers, pop culture enthusiasts and busy professionals looking for an all-inclusive place to get their news.