- Hemptown USA grows broad-spectrum hemp biomass using premium seed genetics
- The company aims to grow one million CBG seeds and two million CBD seeds in 2019
- It expects to expand distribution and growing operations globally
Hemptown USA is a proven grower of broad-spectrum hemp biomass. The company works meticulously with processors to produce the finest broad-spectrum CBD (cannabidiol) and CBG (cannabigerol) oils and pure isolates. Considered a novel cannabinoid, CBG is non-intoxicating and present in low levels in most cannabis strains. In fact, it is the chemical parent of both THC (tetrahydrocannabinol) and CBD, meaning that both compounds begin as CBG (http://ibn.fm/HiAix). Scientific work is continuing to identify the full range of CBG effects and the health benefits resulting from a combination of CBG and other cannabinoids (http://ibn.fm/WdEHs).
Based in Central Point, Oregon, Hemptown USA is positioned to be a top CBG producer in the United States this year and beyond. The microclimates where the company grows its hemp biomass are located in Oregon’s well-known ‘Emerald Triangle’, as well as the states of Kentucky and Colorado. These microclimates are specially selected for their perfect combinations of soil, weather and protected natural environments.
The company uses best-in-class seed genetics from Oregon CBD Seeds, which contain less than 0.3 percent THC and exceptionally high cannabidiol content of up to 20 percent. Hemptown USA’s strains include Suver Haze, Sour Space Candy and Electra.
Rod Wolterman, founder and chairman of Hemptown USA, noted in a CFN interview (http://ibn.fm/tslBq) that the company farmed 110 acres in 2018. Hemptown’s farmland for this year’s growing season has increased to approximately 1,500 acres in Oregon, Kentucky and Colorado. Hemptown USA’s goal for 2020 is 2,500 acres. Furthermore, by way of strategic partnerships, the company anticipates expanding its distribution and growing operations internationally.
A Ministry of Hemp article (http://ibn.fm/FNBh8), titled ‘Expanding US Hemp Acreage Proves Hemp Is The Next Big Cash Crop’, reported that, “in 2017, hemp fields expanded by 163 percent across the country. That’s over 25,000 acres of hemp grown across 19 different states.” The five states that made the most significant hemp acreage leaps in 2017 were New York (2,000 acres), North Dakota (3,020 acres), Kentucky (3,271 acres), Oregon (3,469 acres) and Colorado (9,700 acres).
Hemptown USA has exclusive rights to one million rare CBG seeds that are genetically programmed to yield 12-17 percent broad-spectrum, non-intoxicating cannabinoids. The company has a long-standing relationship with Oregon CBD Seeds, one of the world’s most respected cannabis-breeding enterprises. In conjunction with Oregon CBD Seeds and Hemptown USA’s product sciences team, Hemptown will aim to create custom, proprietary broad-spectrum CBD and CBG oils and pure isolates (http://ibn.fm/lKVG4).
Hemptown USA’s plans emphasize increasing in-house extraction capabilities in order to boost profit margins by providing additional CBD and CBG isolates and distillation services. Also, the company’s unique line of CBG-based products (Siskū Botanicals) is set to launch later this year.
For more information, visit the company’s website at www.HemptownUSA.com
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.