MC Global Holdings LLC Expects Hemp-Derived Cannabinoid Market to Exceed $20 Billion in 2024

In News by joshua

FLOWER MOUND, Texas – Today, MCG, the world’s largest provider of hemp-derived cannabinoids, along with the Virginia Healthy Alternatives Association, released an Economic Impact Report detailing the positive growth potential for small businesses, stemming from this industry. MCG is forecasting that the hemp industry will reach $20-$25 billion in value by 2024. A report, conducted by Whitney Economics, reveals that …

Daytrip Introduces Line of NightTrip Gummies and Prebiotic Sodas at Natural Products Expo West

In News by joshua

PLEASANT HILL, Calif. — Daytrip Beverages, a mood-elevation company, launched their new NightTrip gummies and prebiotic sodas at Natural Products Expo West (Booth #5774), the leading event for the food and beverage industry. The new products are infused with Daytrip’s signature proprietary blend of botanical terpenes, known for elevating mood and promoting ease. Committed to the belief that happier is healthier, …

SUNSOIL PRODUCTS TO LAUNCH AT SELECT SPROUTS FARMERS MARKET LOCATIONS

In News by joshua

BURLINGTON, Vt. – Sunsoil, a certified organic hemp farm and fourth-largest selling CBD brand based in Vermont, announced today their newest retail partner, Sprouts Farmers Market. The partnership is another step towards Sunsoil’s mission of providing affordable access to the highest-quality CBD products to the masses. Sprouts, one of the largest and fastest growing specialty retailers of fresh, natural and …

Pet Releaf Sells Out of New Limited Ingredient CBD Shampoos & Conditioners On Day of Launch

In News by joshua

DENVER — After launching their new, award-winning line of CBD shampoos and conditioners in Fall 2022, Pet Releaf, the industry’s first and leading plant-based pet CBD brand, saw record interest from retailers and pet parents alike. Less than a day after becoming available, the grooming products sold out. “As expected, we have seen that there is a high demand for all-natural pet shampoo …

Charlotte’s Web Appoints Marcel Bonn-Miller Ph.D. as Chief Scientific Officer

In News by joshua

DENVER –  (TSX: CWEB) (OTCQX: CWBHF) Charlotte’s Web Holdings, Inc. (“Charlotte’s Web” or the “Company”), the market leader in cannabidiol (“CBD”) hemp extract wellness products has appointed Dr. Marcel Bonn-Miller, Ph.D. as its Chief Scientific Officer. Dr. Bonn-Miller brings more than two decades of cannabis/cannabinoid research experience to Charlotte’s Web. Prior to joining Charlotte’s Web, he served four years at Canopy …

Plant de Terra Launches REMSleep Gummies

In News by joshua

SAN FRANCISCO — Plant de Terra, a leading provider of premium CBD products, announces the launch of their latest innovation – REMSleep Cubes. These delicious, all-natural gummies are infused with premium whole-plant CBD and are meticulously formulated to help you get a better night’s sleep. “At Plant de Terra, we’re always looking for new ways to help our customers achieve their …

1606 Corp. Completes Purchase of 51% of CBD Supplier, Brio Nutrition

In News by joshua

PHOENIX — 1606 Corp (OTC: CBDW), an acquisition-based CBD company, announces the acquisition of Brio Nutrition is complete, adding more than 45 products to the 1606 lineup. 1606 Corp (OTC: CBDW) has purchased 51% of Brio Nutrition (https://brionutrition.com/), a profitable CBD development and distribution company. Brio Nutrition’s revenue was roughly $760,000 in 2021 and should grow substantially now that the partnership is …

New Phase Blends Acquires CBD School

In News by joshua

PITTSBURGH — The popular online CBD blog and CBD store known as New Phase Blends has just acquired CBD School. In an effort to continue to deliver the most valuable CBD content on the web to viewers, Dale Hewett, owner of New Phase Blends, made the decision to purchase CBD School and consolidate all data. Widely touted as the ‘best source …

CV Sciences, Inc. Announces Proposed Settlement of Shareholder Litigation

In News by joshua

SAN DIEGO — CV Sciences, Inc. (OTCQB:CVSI) (the “Company”, “CV Sciences”, “our”, “us” or “we”), a preeminent consumer wellness company specializing in hemp extracts and other proven science-backed, natural ingredients and products, announced today that CV Sciences has received preliminary approval a proposed settlement of a derivative lawsuit pending in Nevada. The lawsuit alleged breach of fiduciary duty and other claims premised …

BGP ACQUISITION CORP. ANNOUNCES COMPLETION OF QUALIFYING TRANSACTION OF CRAFT 1861 GLOBAL, INC., NAME CHANGE AND AMENDMENT TO CREDIT FACILITY

In News by joshua

VANCOUVER, BC – BGP Acquisition Corp. (NEO: BGP.U) (NEO: BGP.WT.U) (OTCQX: BGPPF, BGPAF) (the “Corporation” or “BGP”), announced today that it has completed its qualifying transaction (the “Qualifying Transaction”) with Craft 1861 Global, Inc. (“Craft Global”). Concurrent with the closing of the Qualifying Transaction (the “Closing”), the Corporation changed its name to CRAFT 1861 Global Holdings Inc. (“New Craft”). Following the …