Hemptown
USA recently announced the acquisition of assets that consist of the
FDA-licensed, cGMP-certified operating nutraceutical business of the Kirkman
Group (http://ibn.fm/GaNUI).
The Kirkman Group’s fully operational 25,000-square-foot nutraceutical facility
holds equipment and formulations intended to facilitate precision dosage of
cannabidiol (“CBD”) and cannabigerol (“CBG”) product formulations, including
tinctures, gel caps, topical products and edibles. An article discussing the
company reads, “In the spring of 2019, Hemptown USA acquired 4.5 million rare
hemp seeds. These have been divided three ways — one third went to Kentucky,
another third was planted in Colorado, and the final third (all CBG genetics)
remained in Oregon. The seeds were planted in greenhouses to begin with, and in
mid-summer, they were taken outdoors and planted on over 1,500 acres of land in
the three states. . . . Based on its crop production efforts and the acquisition
of the Kirkman Group production facility, Hemptown USA can fast track
formulations, product development and subsequent distribution.”
To view the full article, visit http://ibn.fm/oL9No
About Hemptown USA
Hemptown USA is growing some of the finest high-cannabinoid
hemp plants in the world. Following an impressive first-year yield, Hemptown
USA is scaling up its operation to meet the ever-increasing global demand for
cannabinoid products. With expanded farmland spanning three states and in-house
extraction and processing facilities, Hemptown USA is now positioned to
vertically integrate into the Consumer Packaged Goods sectors with
top-quality-branded product lines for the consumer market. Hemptown USA’s
vertically integrated business model is well positioned to capitalize on a
global market expected to exceed $22 billion by 2020. For more information,
visit the company’s website at www.HemptownUSA.com.
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