Hemptown
USA, a privately held company headquartered in Southern Oregon’s Emerald
Triangle, announced that it raised $17.2 million (CAD$23.3 million) to fund its
planned expansion (http://ibn.fm/xZZtY).
A recent article further discussing the company reads, “A big part of Hemptown
USA’s strategy includes the farming of novel cannabinoid strains in addition to
cannabidiol (“CBD”). Recently, the company acquired and is now in the process
of planting $5.5 million of Oregon CBD seeds, including one million rare
cannabigerol (“CBG”) seeds. The CBG seed genetics acquired by Hemptown USA are
estimated to yield 10–12% CBG biomass. This move positions Hemptown USA to
become a leading CBG producer in the United States.”
To view the full article, visit http://ibn.fm/9wGmE
About Hemptown USA
Hemptown USA, headquartered in Central Point, Oregon, is a
proven grower of full-spectrum, feminized hemp grown using premium-seed
genetics that contain less than 0.3% THC and exceptionally high cannabinoid
(CBD) content of up to 20%. The company’s soil-to-oil methodology combines
seasoned professionals working in handpicked agricultural microclimates located
in Oregon’s famed Emerald Triangle and in Kentucky and Colorado. For more
information, visit the company’s website at www.HemptownUSA.com.
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