It positions CANB as a grower and processor in multiple states, which is important to drive down costs of their own products, as well as for white labeling
I expect Hemp Processing to be the hottest area of growth in the CBD Oil industry in 2020
So now CANB has 4 states where they can not only cultivate, but also work on expanding the same hemp cultivation and processing model they currently have set up in NY to Texas, Colorado and Tennessee
This is full vertical integration, which is the holy grail in terms of profit margins and controlling the quality of one’s products
And most importantly of all, whether we are talking about legalization of CBD in Foods and Dietary Supplements or Enforcement Discretion, “Pure CBD” is the name of the game
“Hemp Extract”, “Broad Spectrum” and “Full Spectrum” will remain federally illegal
So CANB continues to be the only CBD Oil stock in America that is producing and selling a comprehensive lineup of Pure CBD Oil products
So if we get “Pure CBD” Legalization on 12/20/19, the sideline investors are going to be looking to invest in Pure CBD Oil
And CANB has the entire “Pure CBD Oil” sector to itself
It is literally the only pure play on Pure CBD Oil out there
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