Hemptown USA Archives - Page 2 of 3

FridayNov 15, 2019 11:42 am

Hemptown USA Bullish on Potential of a Relatively Unknown Cannabinoid — CBG

Hemptown USA has built a business on cultivating cannabidiol (CBD), but now its focus has turned to the qualities of a little-marketed cannabinoid – cannabigerol (CBG) CBG is known as the “Mother of all Cannabinoids” because its acid form is the precursor to the three main cannabinoids and is synthesized to create those extracts very early in the plants’ maturation process Hemptown has 500 acres dedicated exclusively to CBG cultivation in Oregon, using the company’s rights to one million cannabigerol (CBG)-intensive seeds that are engineered to preserve CBG in its latent form until late in the plant’s growth cycle While…

FridayJul 26, 2019 2:26 pm

QualityStocksNewsBreaks – Hemptown USA Advances Growth Strategy via Nutraceutical Manufacturing Facility Acquisition

Hemptown USA recently announced the acquisition of assets that consist of the FDA-licensed, cGMP-certified operating nutraceutical business of the Kirkman Group (http://ibn.fm/GaNUI). The Kirkman Group’s fully operational 25,000-square-foot nutraceutical facility holds equipment and formulations intended to facilitate precision dosage of cannabidiol (“CBD”) and cannabigerol (“CBG”) product formulations, including tinctures, gel caps, topical products and edibles. An article discussing the company reads, “In the spring of 2019, Hemptown USA acquired 4.5 million rare hemp seeds. These have been divided three ways — one third went to Kentucky, another third was planted in Colorado, and the final third (all CBG genetics) remained…

MondayJul 22, 2019 1:57 pm

Hemptown USA Acquires Leading Nutraceutical Manufacturing Facility

Oregon-based Kirkman Group is FDA-licensed and cGMP-certified The acquisition, part of Hemptown’s vertical integration strategy, will enable the company to make its immediate entry into the consumer packaged goods field The company has already acquired and planted 4.5 million hemp seeds in plots across three states Forecast high yields and the latest acquisition are expected to enable Hemptown USA to position itself as a leader in the rapidly expanding cannabinoid product market Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, is currently focusing on its rapid, vertically integrated growth within the lucrative cannabis industry. As a…

FridayJul 19, 2019 3:44 pm

QualityStocksNewsBreaks – Hemptown USA Employs Strategic Hemp-Cultivation Methodology to Increase Yields, Lower Costs

Hemptown USA is employing technology to improve hemp cultivation by keeping production costs low and optimizing yields. An article discussing the company reads, “Hemptown employs a ‘soil to oil’ methodology that involves experienced professionals working in a few selected agricultural microclimates across Oregon’s Emerald Triangle, Kentucky and Colorado. In 2018, Hemptown harvested 110,000 pounds of full-spectrum biomass with CBD content of approximately 17% from the Oregon hemp farm. . . . In 2019, the company is scaling up operations to meet the growing market demand for affordable hemp and CBD oil. As per initial estimates, it will cultivate over one…

WednesdayJul 17, 2019 11:44 am

Keeping Hemp Production Costs Low through Technology: How Hemptown USA is Changing the Lucrative Market

The fast-growing hemp market is driving intense competition, with innovative cultivation practices serving as a major factor of differentiation Hemptown’s cultivation methodology, paired with a genetic modification advantage, is expected to lead to increased yields and lower costs The company is scaling up operations to meet rising demand; it anticipates up to $200 million in revenue by 2020 Legislative changes in the U.S. and other parts of the world, as well as changing consumer attitudes, are contributing to the rapid expansion of the hemp products market. The industrial hemp market is anticipated to grow at a CAGR of 18.3 percent…

WednesdayJul 10, 2019 3:47 pm

QualityStocksNewsBreaks – Hemptown USA Enters Consumer Packaged Goods Space through Kirkman Group Acquisition

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, today announced the acquisition of all assets of Kirkman Group, a Lake Oswego, Oregon-based FDA licensed, current good manufacturing practice (“cGMP”) certified nutraceutical business. The acquisition includes the entirety of the management team, production equipment, formulations, proprietary intellectual property, current sales channels and fulfillment centers. This transaction also marks the company’s immediate entry into the consumer packaged goods space. “The Kirkman Group is a key strategic acquisition for Hemptown. Being fully operational and FDA licensed accelerates Hemptown’s vertical integrations plans. Kirkman’s high quality formulations and production standards will…

FridayJun 21, 2019 9:34 am

The Cannabinoid of the Future? Hemptown USA at the Forefront of CBG’s Rise to Prominence

Widely known as the “mother of all cannabinoids,” cannabigerol is believed to have multiple benefits and medical applications in areas such as autoimmune conditions, cancer, pain management, inflammation and more CBG oil’s market price in the U.S. is currently two to four times higher than the price of CBD oil As genetic advances lead to higher yields, CBG looks set to become a prominent part of the cannabinoid market Hemptown USA is working to ensure sustainable production of CBG and is positioned to produce about 40 percent of the North American supply of CBG in the near future Cannabigerol (CBG)…

FridayJun 14, 2019 1:58 pm

QualityStocksNewsBreaks – Hemptown USA Positioned as Leading Producer of CBG — Potential Next Big Thing

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, is poised in a market where cannabigerol (“CBG”) could rival cannabidiol (“CBG”) in years to come, potentially becoming the market’s next big thing. A recent article discussing this reads, “Through Hemptown USA’s ‘soil to oil to shelf’ methodology, the company will be producing broad-spectrum CBD and CBG crudes, distillates, pure isolates, multiple cannabinoid formulations and branded products. This year’s CBG focus positions Hemptown as a leading CBG producer in the United States in 2019 and beyond. In addition to the Oregon farm, the company is also growing in…

FridayMay 24, 2019 3:53 pm

QualityStocksNewsBreaks – Hemptown USA Raises $17.2 Million to Fund Expansion Plans

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, announced that it raised $17.2 million (CAD$23.3 million) to fund its planned expansion (http://ibn.fm/xZZtY). A recent article further discussing the company reads, “A big part of Hemptown USA’s strategy includes the farming of novel cannabinoid strains in addition to cannabidiol (“CBD”). Recently, the company acquired and is now in the process of planting $5.5 million of Oregon CBD seeds, including one million rare cannabigerol (“CBG”) seeds. The CBG seed genetics acquired by Hemptown USA are estimated to yield 10–12% CBG biomass. This move positions Hemptown USA to become…

TuesdayMay 21, 2019 12:12 pm

Hemptown USA Sets Sights on Novel Cannabinoid CBG as Legalized Hemp Farming Revs Up

The U.S. hemp-derived cannabinoid industry is projected to hit $22 billion by 2022 The company recently announced a $17.2 million capital raise to fund its expansion plans across the country from its Oregon base Hemptown has acquired and is in the process of planting one million cannabigerol (CBG) seeds, which will represent a significant portion of the total U.S. CBG crop for 2019 On May 14, Hemptown USA announced that it had raised $17.2 million (C$23.3 million) to fund its expansion plans (http://ibn.fm/xZZtY). A privately held company headquartered in Southern Oregon’s Emerald Triangle, the company is leveraging its experience as a…

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