One World Ventures Inc. (OWVI)

[Bruno2]

SPI Energy - Partners with Navajo Nation

article (Sep 19, 2019) : "SPI Energy Launches its Hemp and CBD Business, Partners with Navajo Nation"
article (Sep 18, 2019) : "SPI Energy (SPI) Stock Climbs On Hemp And CBD News"

https://www.nativebusinessmag.com/spi-energy-launches-its-hemp-and-cbd-business-partners-with-navajo-nation/
https://alphastocknews.com/spi-energy-spi-stock-climbs-on-hemp-and-cbd-news/1504/

________________________________________________________________

SPI Energy Co., Ltd. (SPI - http://www.spigroups.com/ -

), a global provider of photovoltaic solutions for business, residential, government and utility customers and investors, recently announced the launch of its newly established hemp and CBD business. The company has executed a management services agreement with the Native American Agricultural Company (NAAC) to cultivate hemp in the Navajo Nation; and obtained licenses from the Navajo Nation to engage in lab testing, cultivation, processing, wholesale distribution, and retail sales of hemp. Currently, its hemp cultivation in the Navajo Nation is being overseen by a third-party management company on a 36-acre plot of land licensed by the NAAC. The company expects to harvest its first crop of hemp in November 2019.


Mr. Xiaofeng Peng, Chief Executive Officer of SPI Energy, commented, “We are eager to enter the hemp market and happy to be working with the Navajo Nation. Some estimates have the global industrial hemp market growing from USD 4.41 billion in 2018 to close to USD 15 billion by 2026. We want to be part of that growth. The Navajo Nation and Native American Agricultural Company are excellent partners for us as we embark on this exciting venture.”

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. is an established green energy player with global operations in key markets in Australia, Europe, Japan and the United States. It is leveraging its sizable solar platform and industry expertise to make strategic investment opportunities in green industries with significant growth and earnings potential and/or industries than can benefit from green power.



______________________________________________________________

SPI Energy Co Ltd (NASDAQ: SPI) is making a run for the top in the market this morning, trading on gains of nearly 60%. The gains come after the company announced the launch of a hemp and CBD business. Here’s the scoop:

SPI Stock Rockets On Hemp And CBD Business Launch

In a press release issued early this morning, SPI Energy announced the launch of a newly established hemp and CBD business. Of course, the news excited investors as there is quite a bit of opportunity in the emerging hemp and CBD market.

In the release, SPI said that it has recently executed a management services agreement with the Native American Agricultural Company. Under the agreement, the NAAC will cultivate hemp in the Navaho Nation.

Moreover, the company said that it has obtained licenses from the Navajo Nation to engage in lab testing, cultivation, processing, wholesale distribution, and retail sales of hemp.



In the release, SPI said that hemp cultiavtion in the Navajo Nation is being overseen by a third-party management company. Also, the hemp is currently being cultivated on a 36-acre plto fo land licensed by the NAAC.

It is expected that the first crop will be harvestedin November of this year.