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Uses and Benefits
The uses and benefits of hemp are too many to list. This chart, courtesy of Cornell University and their study on hemp, shows you the many derivatives, over 25,000. Too many to even list on this busy illustration.
Source: Congressional Research Service, Hemp as an Agricultural Commodity, March 10, 2017
Three main categories have shown to be the most opportunity in the current hemp market: Medicine, Food, and Fibre.
1. Medicine
Hemp provides medicine naturally as it contains the compound cannabinoid, specifically cannabidiol (CBD). It can be higher in some hemp varieties than it is in marijuana strains. And the value of this is massive.
The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. That's a 700% increase from 2016. In 2015, the market for consumer sales of hemp-derived CBD products was $90 million, plus another $112 million in marijuana-derived CBD products which were sold through dispensaries – bringing a total CBD market to $202 million last year.
Wait, what? As I suspected all along. It’s cannabis. Marijuana. Weed. Err, HEMP. Tracing the origins of the word hemp back to the Greek “kannabis”, the Dutch “hennep”, the German “hanf”, and let’s not forget the English “hemp”, modeled more after the Dutch and German influence or vice versa. Kannabis, or Cannabis as it is now spelled as the norm, is still in clear association. That definition isn’t entirely accurate. Marijuana. Well both derived from the Cannabis Sativa L. plant, there is one key distinction. Its extremely low presence of delta-9 THC. No not the company Delta 9 Cannabis Inc. (TSXV: NINE), the compound. Health Canada has recognized 0.3% in dry weight as the maximum for hemp food ingredients. Fibre forms of hemp do not have a maximum as they are not consumed. Fibre forms? Yes! And medicine too! So, did my hemp protein way back when have medical properties too? Well no. The stalks and grain do not have medical properties. Its in the oil. CBD oil … you may have heard of it.
How does this have anything to do with Canadian investment opportunities? Marijuana companies are forbidden to list on public stock exchanges in their home country because the drug is considered a Schedule I narcotic at the federal level. So they’ve found an opportunity to list and trade publicly in Canada through the Canadian Securities Exchange (the “CSE”). There are several companies listed on the Canadian Securities Exchange that do business in this wonderful state, including but not exclusively: Marapharm Ventures Inc., MPX Bioceutical Corporation, MedMen Enterprises Inc., Golden Leaf Holdings Ltd., Nutritional High International Inc., and Friday Night Inc.
people but sees over 50 million people come and go as tourist flock the state, mainly to Las Vegas. But tourism in Nevada is on a downtrend, and as an article posted on Travel Weekly suggests, this may be due to the shooting at the country music festival back in October 2017. According to the article, following the shooting, domestic bookings were down 21% and international bookings about 16%. This is in addition to a 7% drop domestically and 2% drop internationally in the two months prior to the shooting. That being said, Arcview Market Research released its official market projection on Nevada and concluded that annual sales of cannabis and related products will grow at a compound rate of 51% to an estimated $630 million by 2020.
How does this have anything to do with Canadian investment opportunities? Marijuana companies are forbidden to list on public stock exchanges in their home country because the drug is considered a Schedule I narcotic at the federal level. So they’ve found an opportunity to list and trade publicly in Canada through the Canadian Securities Exchange (the “CSE”). There are several companies listed on the Canadian Securities Exchange that do business in this wonderful state, including but not exclusively: Marapharm Ventures Inc., MPX Bioceutical Corporation, MedMen Enterprises Inc., Golden Leaf Holdings Ltd., Nutritional High International Inc., and Friday Night Inc.
Legal October 17th!