Friday, March 24, 2017 7:21:45 PM
The CBD market is so convoluted, crowded, and prices are insanely low to the point that it's just a sub category of what they really want.
22nds tech will help stabilize the extraction portion to make it profitable again, but their technology will also help stabilize the plant material itself to the point that the actual industrial industry can utilize it.
For example they are, right now, building whole houses out of hemp. Everything in the house 100% out of hemp. This is in Alaska too. The insulating numbers on it are mind blowing.
You can take a roll of hemp insulation, burn it with a torch directly and it doesn't even smolder. Normal fire rates insulating explodes in flames instantly.
Now look at health. Everyone is crazy about flax and other seeds. South Korea for example is on a massive hemp seed nutrition kick right now. They purchase majority of theirs from Canada suppliers where the industry grew from the 6 figures in total of 2015 to hundreds of millions in 2016. I had to triple check the numbers when some family told me those numbers. It's true.
Then there are the various oils, beauty products, soaps, and the list goes on and on.
Problem remains that the plant itself is finicky. Every strain acts differently so what you get this harvest won't be what you get next. How can you sustain as an industry that way?
XXII stabilizes that....
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