There’s a ton of money in processing raw hemp into CBD Oil
Just ask Mike High Labs
And now CANB is going to grab a piece of that pie
So this deal is a big win in a few different ways
It obviously maximizes profit margins in Canbiola’s own CBD Oil products and those that they white label for others
It allows for essentially unlimited access to CBD Oil, so there will be plenty of CBD Oil for them to grow their CBD Oil product lines
But even more directly, processing raw hemp into CBD Oil is a very lucrative aspect of the CBD Oil industry because compared to the amount of hemp being cultivated, there are very few processors available to convert that hemp into CBD Oil
Processing is the weakest link in the supply chain right now, so it’s also the most lucrative
Just look at what Mile High Labs has achieved over the past 12 months: