#CBD Nutraceuticals Market Industry

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How a Credit Card Payment Gateway Drives Business Growth

Article by Jonathan Bomser | CEO | Accept-credit-cards-now.com

In the swiftly evolving digital realm, businesses are driven to offer seamless payment solutions that resonate with the unique needs and preferences of their clientele. Amidst a plethora of available methods, credit card payment processors have risen as an essential instrument for catalyzing business growth. From industries categorized as high-risk to the realm of e-commerce endeavors, as well as specialized sectors like credit repair and CBD, credit card payment gateways have emerged as the catalysts for success. Within this article, we embark on an exploration of the profound influence wielded by credit card payment gateways on the expansion of businesses, all while unearthing their pivotal role spanning a spectrum of diverse industries.

DOWNLOAD THE PAYMENT GATEWAY INFOGRAPHIC HERE

The Dynamic Power of Credit Card Payment Gateways At the core of contemporary commerce lies the credit card payment gateway—a virtual conduit seamlessly connecting customers, businesses, and financial institutions. This instrumental role orchestrates secure and convenient online transactions by deftly transmitting payment data from patrons to merchants, and subsequently to payment processors. This streamlined process ensures prompt financial transactions for businesses and gifts customers with an unparalleled checkout experience.

Embracing High-Risk Merchant Processing with Confidence Enterprises operating within the high-risk spectrum, encompassing niches such as adult entertainment, travel services, and nutraceuticals, often confront the challenge of securing fitting payment processing solutions. This is where specialized credit card payment processing systems, meticulously crafted for high-risk merchant processing, play an indispensable role. These systems are adept at addressing the unique requisites of these sectors. By ameliorating risks, optimizing transaction mechanisms, and fortifying security measures, these gateways empower high-risk entities to enthusiastically embrace credit card transactions and sow the seeds of sustained expansion.

Empowering the E-commerce Frontier The advent of e-commerce has metamorphosed the shopping landscape, elevating online payment processing into a cornerstone of the industry. E-commerce payment gateways arm enterprises with dedicated merchant accounts and seamlessly integrated credit card processing systems seamlessly embedded within their virtual storefronts. Beyond enhancing user interaction during transactions, this seamless integration elevates the credibility and professionalism of e-commerce ventures.

Revolutionizing Credit Repair Services Within the sphere of credit repair, credit card payment gateways wield a transformative influence on the trajectory of growth. These gateways offer tailor-made merchant processing services meticulously calibrated for credit repair enterprises. By embracing credit card transactions for credit repair services, businesses amplify their credibility and sow the seeds of client trust. The streamlined payment process facilitates seamless settlements for clients, fostering satisfaction and nurturing overall business expansion.

Navigating the Complex Terrain of CBD Transactions The vibrant CBD industry, marked by a dynamic legal landscape, calls for versatile and compliant payment processing solutions. CBD merchant accounts and specialized payment gateways rise as indispensable assets, meticulously designed to cater to the distinctive demands of this sector. These gateways stand as the bedrock for the seamless acceptance of credit cards for CBD products, ensuring transparent transactions and fortified security protocols. This engenders a climate of confident engagement for both businesses and patrons navigating the intricate CBD market.

The Multifaceted Role of Credit Card Payment Services Credit card payment gateways transcend their role as mere conduits for transactions, metamorphosing into comprehensive suites of services encompassing payment processing systems, credit and debit card payment facilitation, and online payment gateways. These attributes not only streamline financial operations but also holistically contribute to the efficiency and expansion of businesses.

Mastery in the Art of Selecting the Optimal Payment Gateway The choice of the ideal credit card payment gateway is a pivotal juncture for any business. The process entails a meticulous evaluation of transaction costs, security protocols, integration capacities, and industry-specific expertise. By forming strategic alliances with reputable gateway providers, businesses ensure tailor-made solutions harmonizing with their growth trajectory, charting a course towards enhanced prosperity.

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The Industry's Gummy Manufacturing Companies are Exploding

Gummy manufacturers have seen a boom in recent years Somafina. They now offer a wide range of products, which go far beyond the candy aisle. These companies, which produce dietary supplements and medicinal cannabis-infused gums, are revolutionizing the market. They prove that gummies aren’t just for children anymore.

The days of gummies shaped as bears or worms are long gone. Gummy manufacturers are now adapting their products to a market that is more health conscious and progressive. Now, they offer a variety of products, including CBD gummies and nutraceuticals. The demand from consumers for convenient, tasty, and effective health products is driving this innovative shift. The gummy supplements are a tasty alternative to capsules and pills. They contain everything from probiotics to collagen.

Successful gummy manufacturers are able to balance taste and functionality. SmartyPants has, for example, gained a significant market share by offering multivitamins with delicious flavors and essential nutrients. It is not easy to achieve the perfect consistency and taste, while also ensuring that the added nutrients are stable and effective. This requires sophisticated technological processes as well as high-quality ingredients.

Gummy manufacturers have also benefited from the rise of cannabis, especially the legalization and medicalization of marijuana in different parts of the globe. Wana Brands, Kanha Treats and other companies have introduced cannabis-infused gummies to meet different therapeutic needs. These range from anxiety relief to pain management. These gummies have been carefully crafted to provide precise dosages. They are a convenient and controlled way of consuming cannabis.

In the gummy industry, quality assurance and regulatory compliance is crucial. To ensure safety and efficacy, companies must follow strict guidelines from agencies such as the U.S. Food and Drug Administration or European Medicines Agency. It is important to ensure product safety and efficacy by implementing rigorous quality control measures at every stage of the production process.

Another growing industry focus is sustainability. Many gummy producers, like Herbaland or The Humble Co., are committed to sustainable practices. The initiatives include everything from biodegradable and recyclable packaging to using natural, ethically produced ingredients. Pectin-based fruit gummies are an alternative to animal-derived gelatin-based products, which cater to vegetarians and Vegans.

As gummy manufacturers continue to innovate and develop, the future is promising. Biotechnology and food science advances will likely lead to the introduction of even more sophisticated gummy products that combine health benefits and consumer convenience. The gummy market will continue to expand, and the industry's palate will be pushed further.

Gummy manufacturers are key players in the consumer market today, showing versatility and innovation within diverse sectors. The ability of gummy manufacturers to combine enjoyment and health benefits shows that they are a vibrant industry ready to meet the needs of modern consumers. These companies will delight and empower consumers in equal measure, whether it's with a therapeutic cannabis gum or a vitamin supplement.

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Cannabis Cultivation Market Insights: Assessing Market Dynamics, Investment Opportunities, and Technological Advancements

The global cannabis cultivation market size is expected to reach USD 1,844.1 billion, expanding at a CAGR of 21.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing legalization and adoption of cannabis for the treatment of chronic diseases is positively impacting the market growth. Furthermore, the liberalization of laws related to hemp and marijuana by various countries is projected to further bolster revenue growth during the forecast period.

Cannabis Cultivation Market Report Highlights

The market is anticipated to witness significant growth owing to the growing legalization and adoption of hemp and marijuana for the treatment of chronic diseases

The hemp segment dominated the market in 2022, owing to the increasing adoption of hemp and derived products due to low THC content

The industrial consumption segment dominated the market in 2022, owing to the growing application of marijuana and hemp in various industries

In May 2022, Aurora Cannabis Inc. completed the purchase of TerraFarma Inc., which will contribute to their Canadian recreational cannabis company and Aurora's worldwide expertise in the cannabis market

In March 2022, HEXO and Tilray Brands Collaborate to Form Strategic Alliance, Uniting Two Canadian Cannabis Industry Leaders

In December 2021, As part of its continuous development plan, the Company purchased Quebec-based Laurentian Holdings Inc., boosting its presence in Quebec's second-most populated province

For More Details or Sample Copy please visit link @: Cannabis Cultivation Market Report

Furthermore, while the authorities imposed lockdown measures during COVID-19, European consumers hoarded supplies. Between January and March 2020, the value of items sold on Cannazon, a platform for hemp products, reached roughly USD 5.04 million reflecting a volume of 1.6 metric tonnes. In the U.S., a similar increase in sales was observed, with people stockpiling in anticipation of government-mandated shelters. As a result, increased stocks and strong consumer demand, as well as a growth in areas recognizing the product as a necessary commodity for recreational and medical uses, are projected to fuel market expansion throughout the forecast period.

Based on biomass, the hemp segment dominated the market in 2022. Factors contributing to increasing demand include the increasing adoption of hemp and derived products and its growing acceptance among users due to its low THC content. It is mainly used by people who intend to reap the medical benefits of the plant without getting intoxicated. In addition, positive government reforms regarding the utilization of hemp in many countries are further propelling market growth.

In 2022, the industrial consumption segment accounted for the highest revenue share. This growth is attributed to the growing application of marijuana and hemp in various industries such as pharmaceuticals, personal care & cosmetics, nutraceuticals, and food and beverages. In addition, the growing usage of cannabis and its derivatives as raw material by companies to produce their products is further fueling the growth. For instance, CBD oil and tinctures obtained from the plant are used by pharmaceutical companies for the production of cannabis-infused drugs. Hence, its consumption for various applications boosts the overall growth of the market.

Asia Pacific is expected to expand at the fastest CAGR in the forecast period owing to the presence of the largest cultivation markets in the region such as China, South Korea, India, and Australia. Furthermore, favorable climatic conditions, increasing awareness about the plant and its medical benefits, and a growing patient pool eligible for medical marijuana treatments are the other factors boosting the growth of the market in the region.

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CBD Consumer Health Market Size To Reach $61.17Bn By 2030

CBD Consumer Health Market Growth & Trends

The global CBD consumer health market size is anticipated to reach USD 61.17 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 18.1% from 2023 to 2030. The growing adoption of cannabidiol (CBD) as a consumer health product due to increasing awareness about the health benefits of CBD and rise in the number of countries legalizing these products are the key factors driving the growth. Furthermore, the changing buyer perception and attitude toward cannabidiol products is an important factor bolstering the revenue growth.

Based on product type, nutraceuticals dominated the market with a revenue share of 62.4% in 2019. Rising awareness regarding cannabidiol, changing user preferences from chemical-based ingredients to organic ingredients in dietary supplements, and favorable government initiatives for hemp-derived cannabidiol are the key factors driving the growth. The segment is anticipated to witness the fastest CAGR during the forecast period, owing to an increase in the consumption of CBD-based nutraceutical products in health and wellness, sports nutrition, weight management, and other fields.

Based on distribution channels, retail pharmacies dominated the market for cannabidiol consumer health in 2019. An increase in the number of companies selling their products via retail pharmacies is fueling the growth of the segment. However, the online stores segment is anticipated to witness fastest growth over the forecast period. This can be attributed to the increase in penetration of e-commerce, rising demand for CBD-infused products, preference of consumers for buying CBD online, and easy availability of these products in emerging markets.

North America dominated the market in 2019, with a revenue share of 59.8%. The growing awareness about the medical benefits of CBD among consumers has resulted in greater sales of online and retail sales in the region. On the other hand, Europe is expected to be the fastest-growing region, owing to an increase in consumption, rising awareness, positive attitudes regarding CBD products, and strategic investments by major companies in the region.

Request a free sample copy: https://www.grandviewresearch.com/industry-analysis/cannabidiol-consumer-health-market 

CBD Consumer Health Market Report Highlights

Nutraceuticals dominated the market in 2022 with a revenue share of 60%, owing to the changing consumer preferences from chemical-based ingredients to organic and herbal ingredients in dietary supplements

Online stores is anticipated to be the fastest-growing distribution channel segment over the forecast period, owing to the increase in penetration of e-commerce and the rising number of players offering their products online

North America dominated the CBD consumer health market for cannabidiol consumer health products, with a revenue share of around 70% in 2022.

CBD Consumer Health Market Segmentation

Grand View Research has segmented the global CBD consumer health market based on product type, distribution channel, and region:

CBD Consumer Health Product Type Outlook (Revenue, USD Million, 2018 - 2030)

Medical OTC Products

CBD Analgesic Products

CBD Dermatology Products

CBD Mental Health Products

CBD Sleeping Aids Products

Other OTC Products

Nutraceuticals

CBD Vitamins and Dietary Supplements (VDS)

CBD Sports Nutrition

CBD Weight Management and Wellbeing

CBD Consumer Health Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

Online Stores

Retail Stores

Retail Pharmacies

CBD Consumer Health Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

UK

Germany

France

Italy

Spain

Sweden

Norway

Denmark

Asia Pacific

China

Australia

Thailand

Japan

India

South Korea

Latin America

Brazil

Argentina

Mexico

Middle East & Africa (MEA)

Saudi Arabia

South Africa

UAE

Kuwait

List of Key Players in the Cannabidiol (CBD) Consumer Health Market

Elixinol Global Limited

ENDOCA

NuLeaf Naturals LLC

Kazmira

Charlotte's Web

Joy Organics

Lord Jones

Medical Marijuana Inc.

CV Sciences Inc.

Isodiol International Inc.

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/cannabidiol-consumer-health-market 

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Nutraceuticals Market Is Expected To Grow Swiftly By 2030

The global nutraceuticals market size is projected to reach USD 599.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to grow at a CAGR of 9.6% from 2024 to 2030. Rising awareness regarding calorie reduction and weight loss in the major markets including the U.S., China, and India is expected to promote the application of the health and wellness segment and thus, in turn, will have a substantial impact on the industry.

Nutraceuticals are products that provide health advantages and additional nutrition to the human body. It comprises fortified nutrients, such as taurine, CoQ10, omega-3, calcium, zinc, and antioxidants, that develop the complete health of consumers. These nutrients further benefit in averting medical conditions such as hypertension, diabetes, heart diseases, and allergies. As nutraceuticals develop the digestive and immune systems and enhance the cognitive behavior of consumers, their demand is witnessing a surge at the global level.

The increasing trend among consumers to alter dietary habits is likely to boost the demand for nutraceuticals. The consumer belief that improper diet results in an increase in the costs of pharmaceuticals is anticipated to boost the demand for nutraceuticals. This would also help the government as it would result in lesser expenditure on healthcare and low social security costs.

A rise in disposable income, increasing consumer awareness concerning health issues, and rapid urbanization are likely to boost the market growth over the forecast years. A positive outlook towards medical nutrition owing to the high prevalence of weight management programs, along with cardiovascular diseases, is anticipated to propel the product demand.

The rise and evolution of wellness-focused diets such as keto and paleo are driving food producers to cater their products in this direction. Functional food products such as probiotics and omega-3 are highly used in yogurt and fish oils to reduce the risk of cardiovascular diseases and develop the quality of intestinal microflora, which is further projected to fuel the growth of the functional food segment over the coming years.

Request a free sample copy or view report summary: Nutraceuticals Market Report

Nutraceuticals Market Report Highlights

Based on ingredient, in 2023, probiotics held a dominant position in the market; with a share of 27.7% owing to the majority of food manufacturing companies using probiotics as a primary ingredient to provide better nourishment and reduce health problems caused by harmful bacteria

The vitamins segment captured a significant market share in 2023. The segment is expected to witness significant growth in the coming years

In terms of product, the functional foods segment dominated the market with a revenue share of 37.65% in 2023. Rising healthcare costs, coupled with the increasing geriatric population across the world, are anticipated to assist the segment growth over the forecast period

North America held the largest revenue share of over 34.90% in 2023. The growing health concerns amongst consumers and increasing awareness regarding nutraceuticals are likely to be the major drivers of the North America market.

The market represents a highly competitive landscape. Key market players dominate the market space and have been focusing on various strategic initiatives including mergers & acquisitions, product innovation, and portfolio expansion

Nutraceuticals Market Segmentation

Grand View Research has segmented the global nutraceuticals market based on ingredient, product, application, and region:

Nutraceuticals Ingredient Outlook (Revenue, USD Million, 2018 - 2030)

Aloe vera

Amino acids

Botanical Ingredients

Ashwagandha

Curcumin

Ginseng

Hemp

Others

Cannabidiol (CBD)

Carbohydrates

Carnitine

Food Color

Carotenoids

Astaxanthin

Lutein

Lycopene

Other carotenoids (Zeaxanthin, Betacarotene)

Spirulina

Collagen

Colostrum

Cultures and fermentation starters

Dairy ingredients

Emulsifiers

Enzymes

Essential oils

Fat replacers

Fats and oils

Fibers

Flavors

Fruit and vegetable products

Glucosamine / Chondroitin

Isoflavones

Juices and concentrates

Krill

Lipids / Fatty Acids

Marine ingredients

Minerals

Calcium

Iron

Magnesium

Selenium

Others

Omega-3s

Marine Derived

Plant-derived

Prebiotics

Probiotics

Proteins

Sweeteners

Stevia

Monkfruit

Others (Honey, sucrose, fructose, etc.)

Vitamins

Vitamin A

Vitamin B

Vitamin C

Vitamin D

Vitamin E

Vitamin K

Whey proteins

Other

Nutraceuticals Product Outlook (Revenue, USD Million, 2018 - 2030)

Dietary supplements

Functional foods

Functional beverages

Nutraceuticals Application Outlook (Revenue, USD Million, 2018 - 2030)

Allergy & intolerance

Animal nutrition

Healthy ageing

Bone & joint health

Cancer prevention

Children's health

Cognitive health

Diabetes

Digestive / Gut health

Energy & endurance

Eye health

Heart health

Immune system

Infant health

Inflammation

Maternal health

Men's health

Nutricosmetics

Oral care

Personalized nutrition

Post Pregnancy and reproductive health

Sexual health

Skin health

Sports nutrition

Weight management & satiety

Women's health

Other

Nutraceuticals Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

France

Italy

UK

Spain

The Netherlands

Asia Pacific

China

Japan

India

Australia & New Zealand

South Korea

Central & South America

Brazil

Argentina

Middle East & Africa

UAE

South Africa

List of Key Players in the Nutraceuticals Market

DSM

Amway

Pfizer Inc.

Nestle

The Kraft Heinz Company

The Hain Celestial Group, Inc.

Nature's Bounty

General Mills Inc.

Danone

Tyson Foods

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Selling Print on Demand Hemp Oil: Smart Business Opportunity

Cannabidiol (CBD) sales have exploded in popularity over the last half-decade, making it one of the fastest-growing industries in the United States. The total number of U.S. CBD product sales increased from $108 million in 2014 to $1.6 billion in 2021, which is expected to reach nearly $2 billion by the end of 2022. Following a similar trajectory, legal cannabis sales in the United States are expected to reach $23 billion by 2025. With the coronavirus pandemic affecting industries across the country, it is no surprise that the majority of this growth has been driven by online sales, which will account for the vast majority of print on demand CBD product sales in the United States in 2020.

The increased popularity of CBD in general, combined with the growth of online sales, presents an exciting opportunity for CBD online businesses, particularly those looking to expand into the world of ecommerce. Indeed, the transition to CBD ecommerce has already begun. Cannabidiol (CBD) sales in the ecommerce channel in the United States alone are expected to reach more than $6 billion by 2026.

What is Hemp Oil?

Hemp oil, also known as hemp seed oil, is derived from hemp, a cannabis plant similar to marijuana but contains little to no tetrahydrocannabinol (THC), the chemical that causes people to become "high." Instead of THC, hemp contains cannabidiol (CBD), a chemical used to treat conditions ranging from epilepsy to anxiety. 

Hemp is becoming increasingly popular as a treatment for various ailments, including skin problems and stress. It may have properties that help reduce the risk of Alzheimer's and cardiovascular disease, but more research is needed. Hemp oil has the potential to reduce inflammation in the body. In addition to CBD, hemp oil contains high levels of omega-6 and omega-3 fats, which are good fats, and all nine essential amino acids, which your body uses to make protein.

Why Sell Print on Demand Hemp Oil?

CBD business is profitable because the US CBD market is expected to reach $20 billion by 2024. As a result, it's the best option if you're looking for a job in a growing industry. However, there are some critical factors to consider if you want to succeed. There are numerous ways to profit in the CBD industry. You could start your own CBD business by investing in hemp oils, tinctures, and topicals. Another possibility is to become a distributor for well-known brands and sell their print on demand products on your website or in local stores.

Whatever approach you take, there are several key areas that you must concentrate on to be successful. These include effectively marketing your company, building a strong brand with excellent customer service, and selecting high-quality products that appeal to your target market. Furthermore, staying current with industry trends and regulations is critical for remaining competitive and avoiding legal trouble.

The Hemp Oil Market

The hemp oil market was worth S 82.45 million in 2021 and is expected to be worth S 1,253.51 million by 2026, growing at a CAGR of 38.2% from 2021 to 2027. The rising demand for hemp oil due to its increasing use in personal care products and the food and beverage industries worldwide is a key driver of the global hemp oil market's expansion. Furthermore, increased awareness of the various health benefits of this oil, such as relief from anxiety, sleep disorders, chronic pain, and others, is leading to increased demand for hemp oil in the global market. 

The increasing use of hemp oil in many nutraceutical and pharmaceutical applications, as well as increased awareness of hemp seed oil's ability to prevent diseases such as diabetes, inflammation, cancer, and others, are expected to drive growth in the global market. Furthermore, the rising e-commerce penetration of hemp oil and the rising adoption of hemp oil in the production of fuel, lubricants, paints, and other industrial uses are other factors that will likely drive the target market's expansion during the forecast period. 

Hemp oil, among other things, relieves chronic pain, sleep disturbances, anxiety, and nerve pain. In recent years, the demand for hemp oil has increased due to the health benefits of hemp. Furthermore, the expansion of the online distribution channel is an important factor that hastened the growth of the global hemp oil market. The high cost of hemp oil is a significant factor that is expected to limit the target market's future growth.

Legal Obligations of Selling CBD Products

The fact that the 2018 Farm Bill federally legalized industrial hemp and, by extension, hemp extracts such as CBD oils does not mean that there aren't significant regulatory concerns surrounding the industrial hemp industry. The 2018 Farm Bill effectively removed CBD from the federal Controlled Substances Act and the Drug Enforcement Agency's oversight. Instead, it delegated control of the hemp industry and CBD oil to the FDA.

The FDA is still developing regulations, leaving the CBD industry in flux. So far, the FDA has indicated that marketing CBD as having health benefits will be prohibited. In some cases, it has also launched a crackdown on CBD-infused foods and beverages. Understanding your legal obligations and playing it safe is critical in a highly scrutinized industry. While CBD businesses worldwide await clearer regulatory guidance, it is critical to base your marketing strategy on something other than the purported benefits of CBD. It's also critical to stay current on new developments as the FDA drafts new regulations.

How To Gain A Competitive Advantage

The key to gaining a competitive advantage with staying power in the CBD industry is to create a high-quality print on demand product that can withstand the scrutiny of both regulators and educated consumers in the coming months. If you want to stand out from the crowd, you must provide third-party lab testing results to validate the quality of your product. Furthermore, pursuing certifications such as USDA organic, Good Manufacturing Practices, and FDA facility registrations are important steps in instilling consumer confidence in the quality of the product they are purchasing. Even if the process is complicated, the formula for success is simple.

Furthermore, you'll need a system for warehousing and managing inventory for your print on demand hemp oil products. When you first start, this could be done at home. After your business has grown, consider becoming an eCommerce fulfillment center by signing a warehouse lease or outsourcing print on demand fulfillment services. Ensure that your fulfillment technology integrates well with your eCommerce platform, payment processor, and other software.

Finally, double- and triple-check everything. Understand that there will be changes. Research as much as possible and recognize future opportunities by thinking outside the box.

Print on Demand Hemp Oil Is A Huge Business Opportunity

If approached correctly, selling print on demand hemp oil is a huge business opportunity. The CBD industry offers unrivaled growth potential. The cannabis industry is one of the fastest-growing in the country, and CBD is one of its fastest-growing sectors. Hemp CBD products are increasing at an alarming rate, particularly since the passage of the 2018 Farm Bill. You are not alone if you want to start a CBD business. For the past century, this industry has been mostly illegal. There is a lot of momentum right now. Many people are attempting to break in, so avoid following the crowd. You aspire to be a leader.

Due diligence combined with creativity will position your company for success in the CBD industry. Now is the time to get in on the ground floor and build a company that will last but stand out from the crowd with a high-quality product. And you can easily do this with the help of the top eCommerce fulfillment company - Fulfillplex. With the right support and systems in place, fulfilling your orders can be very simple, especially as demand increases. When you can no longer do it alone, Fulfillplex will ensure that the products your consumer order are delivered on time. Get in touch with us now!

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CBD Nutraceuticals Market is Going to Boom |Gaia Botanicals, LLC, CV Sciences, Inc., Elixinol LLC, ENDOCA, Garden of Life, Green Roads

CBD Nutraceuticals Market is Going to Boom |Gaia Botanicals, LLC, CV Sciences, Inc., Elixinol LLC, ENDOCA, Garden of Life, Green Roads

CBD Nutraceuticals Market Size Analysis and Insights 2022: CBD NutraceuticalsMarket Report 2022, the business scene is covered from driving variables to upstream business sectors and the general condition of the market. An inside and out examination of the general development possibilities for the worldwide and regional market was given which depended on a top to bottom investigation of key…

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Medical Marijuana, Inc. Subsidiary HempMeds® Releases Broad-Spectrum CBD-Infused GummiesMJNA

Medical Marijuana, Inc. Subsidiary HempMeds® Releases Broad-Spectrum CBD-Infused GummiesMJNA

Medical Marijuana, Inc. Subsidiary HempMeds® Releases Broad-Spectrum CBD-Infused Gummies

Medical Marijuana, Inc. Subsidiary HempMeds® Releases Broad-Spectrum CBD-Infused Gummies

SAN DIEGO, July 22, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Medical Marijuana, Inc. (OTC: MJNA) (the "Company"), the first-ever publicly traded cannabis company in the United States that launched the world's first-ever cannabis-derived nutraceutical products, brands and supply chain, announced today that its subsidiary HempMeds® has released a brand new product to complement its extensive product line, broad-spectrum cannabidiol (CBD)-infused gummies.

HempMeds® gummies are gluten-free, vegan, and come in three delicious flavors: lime, strawberry and orange. Each jar contains 1,200mg of CBD broken down into sixty 20mg pieces. These gummies contain a proprietary blend of hemp oil as well as natural fruit flavor ingredients.

“As the cannabis industry evolves, so do the buying habits of our consumers and we want to be able to meet all of their needs,” said HempMeds® CEO Raul Elizalde. “We have always prioritized the feedback of our customers and we feel that these gummies are the next best addition to our growing line of Triple Lab Tested hemp-derived CBD products.”

According to a recent report by Grand View Research, the global CBD gummies market size was valued at USD 1.6 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 30.7% from 2021 to 2028.

“The popularity of CBD gummies has grown over the past year and doesn’t seem to be slowing down,” continued Elizalde. “We’ve crafted ours with the highest standards of safety and quality and instead of making them with CBD isolate like many of our competitors, we’ve made them with high-quality broad-spectrum CBD.”

To learn more about HempMeds® or purchase these products, please visit www.hempmedspx.com.

About HempMeds®Founded in 2012, HempMeds® was the first company to bring hemp-based cannabidiol (CBD) oil products to market in the U.S., Brazil and Mexico. As a subsidiary of Medical Marijuana, Inc., HempMeds® is the exclusive distributor for premium brands such as Real Scientific Hemp Oil™. The Company operates in all 50 states and throughout Latin America in countries such as Mexico, Brazil, Argentina, Paraguay and more. HempMeds® is one of the only companies to have its CBD products listed in the Prescribers’ Digital Reference (PDR), the only company invited to speak to the World Health Organization and FDA on the benefits of CBD, and one of the first to be certified by the U.S. Hemp Authority. To learn more, please visit www.hempmedspx.com.

Story continues

About Medical Marijuana, Inc.We are a company of firsts®. Medical Marijuana, Inc. (MJNA) is a cannabis company with three distinct business units in the non-psychoactive cannabinoid space: a global portfolio of cannabinoid-based nutraceutical brands led by Kannaway® and HempMeds®; a pioneer in sourcing the highest-quality legal non-psychoactive cannabis products derived from industrial hemp; and a cannabinoid-based clinical research and botanical drug development sector led by its pharmaceutical investment companies and partners including AXIM® Biotechnologies, Inc. and Neuropathix. Medical Marijuana, Inc. was named a top CBD producer by CNBC. Medical Marijuana, Inc. was also the first company to receive historic import permits for CBD products from the governments of Brazil, Mexico, Argentina, and Paraguay and is a leader in the development of international markets. The company's flagship product Real Scientific Hemp Oil has been used in several successful clinical studies throughout Mexico and Brazil to understand its safety and efficacy.

Medical Marijuana, Inc.'s headquarters is in San Diego, California, and additional information is available at OTCMarkets.com or by visiting www.medicalmarijuanainc.com. To see Medical Marijuana, Inc.'s corporate video, click here.

Shareholders and consumers are also encouraged to buy CBD oil and other products at Medical Marijuana, Inc.'s shop.

FORWARD-LOOKING DISCLAIMERThis press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Medical Marijuana, Inc. to be materially different from the statements made herein.

FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSUREThese statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.

LEGAL DISCLOSUREMedical Marijuana, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act.

CONTACT:

Public Relations Contact:Kathryn BrownAccount DirectorCMW MediaP. 858-264-6600kathryn@cmwmedia.comwww.cmwmedia.com

Investor Relations Contact:P. (858) 283-4016Investors@medicalmarijuanainc.com

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[sciencespies]

5 Questions With Derek Du Chesne, President Of Exactus Hemp

https://sciencespies.com/news/5-questions-with-derek-du-chesne-president-of-exactus-hemp/

5 Questions With Derek Du Chesne, President Of Exactus Hemp

Derek Du Chesne touring the Candera processing facility

Candera

As a rule in my journalistic career, I’m pulling away from CBD, but Derek’s story made perfect sense to me and I felt that world deserved learning about his scene. I wanted to do this primarily because of his understanding of the pharmacological benefits of the plant. Not just another snake oil product. This is accurate for me because what Derek doesn’t do is CBD infused pain lotion, nor another CBD infused toothpick, but a philosophy that is grounded in deep healing. And after writing the book named Apothecary Cocktails, this path that he is taking is very familiar to me. It fulfills the desire to do well by others through healing. Thank you.

Warren Bobrow=WB: Please tell me how you discovered the plant? Who introduced you? How old were you? Where did you grow up? Now?

Growing up during the 90’s in the middle of Farmville USA (Shawano, WI) the beer and cheese mecca, alcoholism was everywhere, and cannabis was scarce. Drinking alcohol didn’t appeal to me growing up. After watching Cameron Crowe’s Almost Famous, I was determined to become a music critic and was enamored by cannabis culture. I think the music videos we watched before the bus to school normalized cannabis use for me. It was a hot summer night after junior year and I was skateboarding to meet a group of friends by the lake. I sat down next to the bonfire prepping a tree branch to roast marshmallows when my best friend pulled out an empty soda can and began poking holes in it. She was crunching up the can in a peculiar way so I asked her what she was doing. She didn’t say a word, put headphones over my ears (Joker – Steve Miller Band), and pressed the can to my lips. Needless to say, s’mores never tasted so good and I finally understood the movie Half Baked. Some people are highly functional on THC, unfortunately I am not one of those people. Eating. Sleeping. Laughing – anything outside of that I’m incapable of. The non-psychoactive cannabinoids are my personal preference.

Flash forward 20 years later and somehow I find myself in a different city weekly educating consumers/businesses alike on the pharmacological and economic benefits of cannabinoids. Home base is Los Angeles but due to the explosive growth of cannabis/hemp globally, I was on the road 300+ days in 2019. My Mother has been very ill for the majority of my life and after witnessing the pharmacological benefits of cannabis 2016, I dedicated my life to helping companies incorporate cannabis-derived ingredients into their products.

WB: Please tell me about what you do? What obstacles do you face? Stigmas?

DDC: The most important aspect of what we do is education. There are over 113 cannabinoids in the cannabis plant, each acting differently upon our CB1 and CB2 receptors. These cannabinoids have varying effects on our bodies and it is crucial for consumers to understand the differences between them. By providing supply chain services, product development, and brand incubation for the wellness, cosmetics, pets, food, beverage, and pharmaceutical industries, our goal is to drive sector growth while making cannabinoids more accessible for all. In 2016 every major CPG brand and big-box retailer was rejecting the idea of including CBD/CBG/CBN/CBL/etc. into their products. After the passage of the 2018 Farm Bill, the narrative quickly shifted and the demand grew exponentially. If you have a CPG company and you’re not having the “CBD talk” at a board level, you are being reckless. In a few short years it went from taboo to seeing toothpaste, make-up, hair products, lotions, nutraceuticals, face masks, muscle rubs, and beverages with CBD on the shelves at your local convenience store. More and more countries are legalizing cannabis-derived ingredients and we’re looking forward to developing those markets.

Derek Du Chesne taking in the fine smell of cannabis at a Colorado farm

Derek Du Chesne

WB:  What is your six and twelve-month goal? What markets do you want to enter? Why?

DDC: Within the next six months we are focusing on the empowerment of enterprises through mergers and acquisitions. Motivation for concentration comes from different objectives that encompass increasing revenues, penetration to new markets, overall costs reduction, and protection of the market from new arrivals by combining focus. Bringing lesser known cannabinoids to the market at scale,and working with the world’s leading brands to develop products and educate consumers on their benefits is a primary objective. Within the next 12 months we would like to further explore opportunities in other uses, in addition to cannabinoid and terpene extraction, from this versatile plant: commercial and industrial products, including rope, textiles, clothing, shoes, food, paper, bioplastics, insulation, animal feed and biofuels. The hemp industry in the United States is in its infancy and we are seeking opportunities to leverage our hemp supply chain while increasing shareholder value and improving EBITDA margins.

WB: Do you cook? Who taught you? Food memory?

DDC: At 12 years old I was a dishwasher at a restaurant down the street from the house I grew up in, by 14 I was prep cook. French cuisine is my go-to, a strong balance of healthy and delicious. Mm, mm crepes! Just kidding, the mastery of crepes is elusive. My Mom taught me how to cook, she is the most brilliant and strongest woman I’ve ever met.  Cooking is therapeutic for me and provides a fun opportunity for family and friends to come together, strengthen ties and build better relationships. Leaving people satisfied after a healthy meal is a win win!

WB: What is your passion?

DDC: Finding my passion has been an interesting journey for quite some time because as life progresses, so do ideas and interests.  I am grateful for the years of working on films and television shows for the creative outlet and entrepreneurial thrill that inherently comes with each new project.  After caring for my Mother and going down the rabbit hole of naturopathy, my life trajectory completely changed.  Seeing first-hand how broken the medical system in the United States is and how aggressively addictive and deadly pharmaceuticals are prescribed, led me to seek alternatives. The more that I learned about plant-based medicine and environmental sustainability, the more determined I became.  Sharing that knowledge with people became the type of interactions that sparked motivation.  Cannabis can feed, fuel, and house us. Recently I have been researching mushrooms extensively and incorporating Turkey Tail, Reishi, Maitake, Shiitake, Chaga and Cordyceps mushrooms as part of my daily routine (Thank you Paul Stamets).  The applications for mushrooms are quite impressive as well: building materials, cleaning products, textiles, medicine, biofuels, and packaging to name a few.  I am passionate about helping people achieve unimaginable goals.  Focus on the value you can provide and success will follow.  Between Cannabis and Fungi there lays extraordinary opportunities to help our friends, our businesses and our planet.

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