Posts Tagged ‘Hemp’
Youngevity Inks $11 Million Supply Contract for CBD Isolate Powder
Youngevity International, Inc. announced that it executed a one-year Supply and Processing Agreement to produce 99 percent pure CBD Isolate. The agreement will be fulfilled by Youngevity’s wholly owned subsidiary Khrysos Industries, which Youngevity formed in February after completing the acquisition of Khrysos Global, a manufacturer of hemp-based CBD extraction equipment. Shipping under the contract is expected to…
Read MoreCBD Direct Sellers Highlighted in Chicago Tribune Story
A recent story by the Chicago Tribune noted two direct selling companies—Hempworx and Zilis—that are giving moms new side hustles selling CBD oil. According to the article, CBD oil is the latest in a string of products that women, many of them mothers, are selling and recruiting others to sell. In the U.S., the availability of CBD products grew by…
Read MoreNFL Veteran Bryan Barker Joins Kannaway Sports Team
Medical Marijuana, Inc. (OTC: MJNA) has announced that NFL veteran Bryan Barker has become a spokesperson for its subsidiary Kannaway®. “We believe that our partnership with Bryan Barker will help us spread awareness about the wellness benefits of CBD,” said Kannaway CEO Blake Schroeder. “We look forward to sharing his story and hopefully encouraging others to consider including CBD in their lives.” Barker is a…
Read MoreCEOs of Medical Marijuana, Inc., Kannaway to Speak at CBD Symposium
Medical Marijuana, Inc. CEO Dr. Stuart Titus and Kannaway® CEO Blake Schroeder will speak at the CBD Symposium to be held Jan. 30 in Anaheim, California. The symposium, which will take place at the Anaheim Marriott 30 from 9:00 a.m. to 3:00 p.m. PST, is an invite-only event that will focus on direct selling market opportunities, as well as the many recent groundbreaking scientific advances of…
Read MoreTouchstone Essentials Expands CBD Oil Line
Touchstone Essentials announced it has expanded its CBD oil line with the launch of Calm Advanced+ Hemp Oil, a 1500 mg, full-spectrum, CBD-rich hemp oil. “Research suggests that cannabinoids, especially cannabidiol (CBD), has a range of benefits from calming temporary inflammation to easing the effects of everyday stress and more,” said Touchstone Essentials founder and…
Read MoreHemp Legalized. Now What?
On December 20th, President Donald Trump signed the 2018 Farm Bill, So what does it mean for direct sellers eyeing the revenue potential of the cannabis market? The bill: Legalizes the production of industrial hemp. Puts the production of industrial hemp, now considered an agricultural product, under the supervision of the Agriculture Department. Removes CBD—the non-psychoactive compound found in hemp—from…
Read MoreForeverGreen to Unveil CBD Products
ForeverGreen™ Worldwide Corporation (OTCQB: FVRG) announced that it is currently formulating a line of products utilizing cannabidiol, or CBD. The Lindon, Utah-based direct marketing company stated it has had on-going discussions about using CBD in some of its top-selling products. Given the growing awareness of the potential health benefits of CBD, ForeverGreen, which has incorporated CBD…
Read MoreCongress Backs Farm Bill; Hemp Production Legalized
Update 12-21-2018: Good news for direct sellers looking to jump on the CBD bandwagon: Congress has backed the $867B Farm Bill, which legalizes the production of hemp. The House voted 386-47 in favor of the bill following an 87-13 thumbs up in the Senate the day before. The bill includes provisions that remove industrial…
Read MoreA Modern-Day Gold Rush?
Marijuana’s misunderstood sister hemp is projected to be a $22 billion market by 2020, but can it overcome the social stigma and federal regulations that threaten to hold it back? It’s been called the gateway crop. Thanks to its stalks topped with five leaves, hemp shares the same signature look as its intoxicating relative, the marijuana…
Read MoreKannaway Holds European Grand Opening
Medical Marijuana, Inc. recently announced that its subsidiary Kannaway held its official European Grand Opening in Prague on Nov. 17-18. Kannaway, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, will also launch several new hemp and CBD hemp oil products at the event, further broadening its product line offerings in Europe. “There is great opportunity for us…
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