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Vertical Wellness™ [VWEL], an industry leader in the branded hemp cannabinoid health and wellness space, and GenCanna Acquisition Corp. (“GenCanna”), a leading vertically integrated seed to sale company that cultivates and harvests hemp biomass for processing and extraction into product, today announced that they have expanded their strategic partnership and entered into a new biomass tolling agreement, under which GenCanna is delivering over 10 million pounds of best in-class hemp biomass grown within GenCanna's Certified Farming Network to Vertical Wellness for processing.
WINCHESTER, Ky.–(BUSINESS WIRE)–GenCanna Global USA, Inc. (“GCG” or the “Company”) today announced that it has received approval from the United States Bankruptcy Court for the Eastern District of Kentucky to sell substantially all of its assets to funds managed by its long-term investor, MGG Investment Group (“MGG”).
This transaction will enable GenCanna to maintain its operations in Kentucky as a leading standalone CBD and wellness business with significantly reduced debt and substantial new capital to pursue growth opportunities. In conjunction with the completion of the sale to MGG, GenCanna has appointed veteran executive Andrew Barnett as Chief Executive Officer, effective immediately.
CBD's popularity has exploded since it was removed from the Controlled Substances Act in the 2018 Farm Bill. This has left many startups, small businesses, and established businesses looking for ways to get in on the CBD rush. CBD went from being virtually unknown to being sold in every corner shop in town. But how can you offer CBD to your customers? You have a couple of options — white label CBD products and private label CBD products. In this article, we’ll cover what white label and private label means, which one is better, and how you can get started selling wholesale CBD products.
If you’re familiar with the CBD industry, then you’ve likely seen terms like full spectrum CBD and broad spectrum CBD thrown around. But what exactly do they mean? And what’s the difference between the two different types of CBD? The main difference between full spectrum CBD and broad spectrum CBD is that full spectrum CBD will contain some THC while broad spectrum CBD won’t contain any THC. And broad spectrum CBD goes through additional processing to remove all trace amounts of THC.
It’s important for people considering starting their own CBD company to understand all the ins and outs of CBD oil. This information is not only vital to ensure you run a profitable CBD company, but it’s also important for marketing your products and educating your consumers on what they can expect from CBD oil. In this article, we’re going to explain how long CBD oil lasts — both on the shelf and in the human body so you can make informed decisions for your business and your customers.
CBD gummies have taken the world by storm in the past couple of years. And for good reason. CBD gummies offer an exciting way for new users to try CBD and for seasoned users to incorporate it into their daily wellness regimen. Plus, they taste delicious! CBD gummies are simply another way to take CBD. They’re edible candies that contain CBD oil. Gummies offer a more discrete (and tasty) way to take CBD compared to other popular methods.
If you’re familiar with CBD products, you’ve likely noticed that some CBD products are labeled as “full spectrum” or “CBD isolate.” But there’s a newer and lesser-known type of CBD product called broad spectrum CBD. Since broad-spectrum is not yet as popular as the other types, we will break down the benefits of broad spectrum CBD oil in this article.
Hemp and CBD industries have exploded since the 2018 Farm Bill legalized the growing and selling of hemp and hemp-derived products. While this is a good thing, there are bad actors who are selling mislabeled CBD products. A CBD Certificate of Analysis (COA) is a way for both CBD consumers and CBD companies to double-check the quality of their CBD for quality assurance purposes. You should steer clear of companies who don’t provide a COA for their CBD products. A COA adds an extra level of transparency across the entire industry.