Why North America Is Projected To Dominate Cannabidiol Derived From Hemp Market Through 2028
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: PR Newswire
PALM BEACH, Fla., Aug. 19, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - In the CBD market, biomass is a term that not all fully known by all. Industrial hemp biomass, sometimes referred to as fiber biomass, can be used in a variety of ways, from producing clothing to fueling machinery. However, this industrial biomass generally has lower levels of CBD, and is therefore not as useful in the production of CBD products. Alternatively, CBD biomass refers to excess hemp plant material that is rich in CBD. This kind of biomass is best used to extract CBD oils, distillate, or isolate. The resulting solution can then be used for the production of virtually any CBD products, from lotions to edibles. Increasing awareness about the health benefits of cannabidiol (CBD), changing consumer opinion, and attitude toward CBD products are some of the key factors driving the demand for these products. Furthermore, increasing demand for cannabidiol from various end-user industries such a
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ACB
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- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website