- In
2019, Hemptown USA expects to work on expanding its growing capacity to
ensure the production of over one million pounds of biomass
- This
is a part of the company’s expansion strategy, which aims to boost
Hemptown’s hemp farming capacity to 2,500 acres by 2020
- Hemptown
is also working on the development of its premium CBD and CBG oil
products, as well as isolates
Hemptown
USA, a proven grower of full-spectrum hemp biomass, anticipates a
significant growing capacity expansion in 2019, as detailed by company founder
and chairman Rod Wolterman in a CFN interview (http://ibn.fm/vErJU). According to Wolterman, Hemptown
farmed 110 acres in 2018. The enterprise anticipates scaling up in 2019 to
reach a capacity of 1,000 to 1,500 acres. This capacity is expected to enable
Hemptown to produce in excess of one million pounds of biomass.
This announcement is in line with the Hemptown USA growth
strategy. By 2020, the company expects to boost its hemp farming footprint to
2,500 acres located in several states. In addition, more emphasis will be
placed on increasing the in-house CBD and CBG extraction capabilities. Through
strategic partnerships, the company also anticipates expanding its distribution
and growing operations globally.
Hemptown focuses its efforts on multiple cannabinoids, going
beyond CBD. The company has a proprietary genetics program with strains that
are high in various alternative cannabinoids like CBG and CBN. Currently,
Hemptown holds an agreement for one million rare CBG seeds to be grown in 2019
and the coming years.
The premium seed genetics ensure concentrations of THC that
remain below 0.3 percent and a high CBD yield of up to 20 percent. Due to
strategic partnerships and access to rare seeds, Hemptown aims to establish
itself as a leading CBG producer in 2019.
CBG is currently considered a minor cannabinoid, because
it’s not present in large quantities in traditional plants. Cannabinoid
manufacturers are carrying out genetic programs to modify strains and maximize
yields. In terms of health benefits, CBG produces results that are comparable
to those of CBD. It has a positive impact on the functioning of the
endocannabinoid system – a mechanism that works to keep the body in a balanced
state of homeostasis. Research suggests that CBG is an effective option for the
treatment of glaucoma (http://ibn.fm/q9P4z)
or inflammatory bowel disease (http://ibn.fm/3UrPx), is a powerful antibacterial agent (http://ibn.fm/E1abH) and may
even have some cancer fighting properties (http://ibn.fm/jRCoq). Scientific work is ongoing to
identify the full scope of CBG effects, as well as the health benefits
resulting from a combination of CBG and other cannabinoids.
In 2019 and the years beyond, Hemptown anticipates being
capable of producing custom, proprietary and full-spectrum CBD and CBG oils, as
well as isolates.
For more information, visit the company’s website at www.HemptownUSA.com
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Editor@QualityStocks.com
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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