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Wednesday, February 13, 2019 6:49:59 PM
Elixinol Global Limited
Elixinol is an Australian based company headed by Paul Benhaim, founder of Hemp Foods Australia. The company sells tinctures, organic hemp skincare under the name Sativa and water soluble CBD oil liposomes. Elixinol also sells a vape pen that dispenses CBD hemp extracts in precise serving sizes. Elixinol is known for its third-party lab testing and stringent quality controls. The company's products are often highly reviewed and rated.
The company just expanded its EU operations and is now available in 41 countries. Last month it launched its entry into the New Zealand marketplace. Benhaim is such a huge believer in hemp that he has begun backing a hemp plastics venture. Many industry watchers believe that industrial hemp will be a bigger part of the market over consumer hemp, but those days are further away than the current consumer demand.
Elixinol stock was lately trading at $2.18, which is above its year's low of 95 cents, but below its 52-week high of $2.60. It's a relatively small company and has flown under the radar since it is Australian, but it's a nice change of pace from the typical hemp company picks.
... JMHO
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