Wednesday Market Report – BEYOND ORGANIC
Maintaining Purity in Cultivation Inputs and Practices
Total worldwide cultivation demand for dried cannabis flower is forecast to more than triple from 2.1 million pounds in 2017 to 6.9 million pounds in 2022, according to the “Flower: The Foundation of the Cannabis Industry” report released today by Arcview Market Research in partnership with BDS Analytics.
That growth in cultivation demand will largely be driven by consumer demand for edibles, concentrates and other cannabis-containing products. Consumer spending on raw flower as a commodity is expected to continue shrinking as a share of total United States dispensary sales during that time period. Even so, retail flower sales are forecast to grow at a compound annual growth rate of 14.8 percent to reach $8.5 billion in 2022.
“While the market share for flower is dropping, the rapidly expanding cannabis market means consumer spending growth rates for flower will continue to be robust,” said Troy Dayton, CEO of the Arcview Group. “After all, the packaging and branding revolution that has transformed and supercharged the growth of concentrates and edibles is only now spreading to the flower category and is likely to drive its continued growth.”
21st November 2018
- Offering women affordable, discreet and anonymous testing for sexually transmitted infections
- Formulating a full spectrum CBD beverage focused on immunity with possible benefits to cancer treatment
- Providing a unique product line for optimal relaxation, enhanced focus and assistance with nicotine reduction therapy
Earth Science Tech, Inc. (OTCQB: ETST) is a biotech company developing and marketing health-oriented CBD products and continually expanding its product line to positively change individual lives. The company is doing this through the creation of products like its Hygee medical devices, a CBD beverage and KannaBidoiD products.
Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Private Placement Raises Gross Proceeds of $1.5M; Funds Allocated for Canadian Lab, R&D
- Increased size of non-brokered private placement raises gross proceeds of $1,515,440, to be used to fund construction of new Canadian lab, LXRP’s R&D and general corporate purposes
- LXRP has received two new U.S. patents related to cannabinoid infused beverage compositions using DehydraTECH; the company is a drug delivery innovator
- The company has expanded its IP portfolio, giving it a total of 10 patents in its first family in the U.S. and Australia; it has 50 patent applications globally and out-licenses its technology
Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has raised, in a non-brokered private placement, a total of $1,515,440. Net proceeds will be used for construction of a new lab in Canada, LXRP-driven R&D and general corporate purposes. The offering consists of 947,150 units at an issue price of $1.60 per unit (http://cnw.fm/Rf8G4). Lexaria, due to strong demand, increased the size of the placement.
- California consumers purchased $180 million worth of cannabis-infused food and drinks in 2017 – 10% of the state’s total marijuana sales – with that percentage rising to 18% in February 2018.
- Cannabis-infused gummies have a much wider appeal since they are less conspicuous to consume and provide a smoke-free experience
- Advances in technology allow manufacturers of cannabis-infused edibles to tweak concentrations of THC and CBD
- The Specialty Food Association has named cannabis edibles as one of the Top 10 food trends of 2018
Plus Products Inc. (CSE: PLUS) is a branded cannabis-infused products manufacturer of edibles created to support a healthy and active lifestyle. Headquartered in San Mateo, California, PLUS™ concentrates on producing edibles using extracts to ensure compliant, dosable and delicious products that provide a consistent cannabis experience.
First introduced to the market in 2015 to rave reviews, PLUS™ is now one of the top best-selling edible brands in California. PLUS™ operates through a wholly owned subsidiary, Carberry, and has four cannabis-infused gummy candy SKUs (in addition to limited edition SKUs), that are currently sold in over 200 licensed dispensaries and delivery services. All products under the PLUS™ brand are produced in the company’s 12,000-square-foot food-safe cannabis manufacturing facility in Adelanto, California.
Dragonfly Earth Medicine is committed to unadulterated organics. Their micronized inoculants of herbs, bacteria, humates, and Endo Mycorrhizae are tried and tested. They believe in the unadulterated compound, and their business model implies only that. They don’t work with synthetics or any animal products. We have let Mother Nature be our tutor. They work with 100% natural or wildcrafted, fit for human consumption, bio-stimulant herbs, microscopic organisms, and endomycorrhizae. Their fertilizing mix of concoctions are delivered to you from 20 years of Organic, Natural Farming/Soil Microbiology research and an additional 25 years of Traditional Herbal knowledge and social responsibilities particularly for pregnant mothers. DEM plant products are a superfood for your land.
One of their products: DEM’s Essential Cocoa is an unadulterated medicine for everyday consumption. They have mixed crude cacao, restorative mushrooms (chaga, cordyceps and reishi) and other adaptogenic herbs (stinging nettles, alfalfa, and astragalus) to make the highest antioxidant drink on the planet! With the number of poisons noticeable all around us and in the water supply, Dragonfly Earth Medicine is more committed than ever to present to you the most ground-breaking adaptogens to sustain solid plants and a sound/ healthy body!
“Extensive education, and trial and error about mycorrhizae, beneficial bacteriae, organic herbs and medicinal mushrooms has helped us understand the necessity of replenishing the earth’s soils and it’s humans with products that revitalize health. All of our products are made with organic ingredients and come from farms and laboratories that are earth conscious. We have put a lot of heart and soil into our business and we hope that you will try our products because we know that your health and your garden’s health will improve. Bringing in natural healing with nature’s plant kingdom, will open your heart and eyes to seeing Mother Nature as the very best mentor.”
Information – Interview 21/11/18 with Master Grower Extraordinaire Toby Gamberoni , Gaia’s Ganja.
LAST WEEKS WEED WONDERS:
Gaia’s Ganja is an extraordinarily remarkable and exceptional grower, producing High Vibration, Premium Quality, Organic Cannabis.
“Every Farm has its own story and at Gaia, we decided to tell that story and let people know where their flower comes from. Our product is Farm to store direct and 100% organic and pesticide free. We grow with passion and with purpose.”
“I whole heartily love the work that Gaia put’s into their flower and their real concern for growing in an environmentally conscious manner. Something about knowing that makes the flower just that little bit better Grown!”
A Heady Mix of Sustainable, Organic, Biodynamic, Not for Profit, Non-Profit, and Craft Growers will be here for the Long Term, let’s wait and see what the Markets have in Store!
Have a good Weednesday…
PART OF OUR SOURCE: https://cannabisnewswire.news/