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Hemp Oil and CBD Oil: Are they any Different?

Hemp Oil and CBD Oil: Are they any Different? Cannabidiol (or CBD) is making quite the hype around the world for its several benefits as opposed to its recreation-only THC-based counterparts. There has been confusion regarding the differences between Cannabidiol oil and hemp oil. Especially for patients who use marijuana for medicinal purposes. They have to be able to make an informed choice about what they’re consuming and not be misled. Since both hemp oil and CBD oil have low amounts of THC (tetrahydrocannabinol) and high amounts of CBD, they are often mistaken for each other. [Source] One most important …

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Hemp Oil and CBD Oil: Are they any Different?

Cannabidiol (or CBD) is making quite the hype around the world for its several benefits as opposed to its recreation-only THC-based counterparts. There has been confusion regarding the differences between Cannabidiol oil and hemp oil. Especially for patients who use marijuana for medicinal purposes. They have to be able to make an informed choice about what they’re consuming and not be misled. Since both hemp oil and CBD oil have low amounts of THC (tetrahydrocannabinol) and high amounts of CBD, they are often mistaken for each other. [Source]

One most important distinction between the two is the amount of CBD present in them. Hemp oil contains marginally less amounts of Cannabidiol than CBD oil. While the former has less than 25 ppm (parts per million) levels of CBD, the latter has up to 150,000 ppm, because it is directly extracted from the cannabis flowers or a mixture of cannabis flowers and leaves. This article explores in detail, the similarities and differences between CBD Oil and Hemp Oil.

Hemp oil

Hemp oil is oil that is extracted from the seeds of a plant known as hemp. There is a variety of hemp known as industrial hemp and hemp oil used for industrial purposes is always extracted from this variety due to the very-low levels of THC in it. This plant belongs to the same family as the Cannabis plant. Hemp is often confused with marijuana, because they both have similar properties. But the difference is that even if you smoke an entire bag of hemp, you will not be exposed to any intoxicating effects that marijuana has.

Hemp oil is used as an ingredient in a variety of products, both in the refined and unrefined form. Refined hemp oil, clear in color, is used in shampoos, soaps and other body care products, while unrefined hemp oil, ranges from light to dark green in color, and is used for fuels, inks and lubricants.

Also, has very low contents of THC; not more than 10 parts per million. As long as manufactured hemp oil has less than 0.3% of THC, it is legal for consumption and use. Some places do not allow the cultivation of hemp oil, but they do allow the sale of oil, clothes or garments made of hemp.

Hemp oil has several medicinal and nutritional uses:

  • Being used as moisturizing oil.
  • Can be used instead of olive oil when you are cooking something. Its nutty flavor may not be suitable to all foods, but it works just right for salad dishes.
  • Acts as a natural fuel just like bio-diesel and can be used instead of petroleum. This causes less harm to the environment.
  • Used as a non-toxic substance in paints, instead of the harmful emissions that petroleum-based give off.
  • It can be used as a supplement in your diet.
  • Serves as a powerful antioxidant.

Cannabis oil (or hash oil)

Cannabis oil, also dubbed as hash oil or hashish oil, is extracted from the dried flower of the cannabis plant. The amount of THC present in cannabis oil is significantly more than that in hemp oil – 10 to 30 percent. The amount THC depends on the way that this oil is manufactured. Cannabis oil is not legal in most of the world, because it is classified as a narcotic drug. This is because the consumption of hash oil, either through vaporization, smoking or ingestion, has the same intoxicating effects as marijuana. In fact, both marijuana and cannabis oil are by-products of different parts of the same plant.

This oil has medicinal purposes too, often classified as medicinal marijuana, but because it is illegal in most parts of the world, it can be used only when recommended by a doctor and in some countries, not at all.

There are several speculated uses of cannabis oil for medicinal purposes, but its side effects are greater; so much research is being done on the field of medical marijuana before using it on patients. Common side effects include cognitive problems and memory loss, hallucinations and nausea. [Source]

Two breeds of the same plant

The two oils get their names from the plants that they are derived from – CBD oil from Cannabis and hemp oil from hemp. It is important to remember that cannabis and hemp are not two different plants – they are different breeds, which fall under the category of one species that is known as Cannabis sativa. They are different in the following ways:

  1. Appearance

The hemp plant is massive, with stalks that are up to fifteen feet high and can grow densely packed together. The cannabis plant, on the other hand, has a more bush-like appearance with a higher number of leaves and buds that grow outward. Also, the latter is short in stature as it does not grow more than five feet in height and requires a decent amount of space in order to grow.

  1. Cannabinoids

Cannabinoids are the active chemical compounds that are present in both these plants. Even though there are nearly 400 cannabinoids that comprise of these plants, extensive study and research is done only on two of them – THC and CBD. Cannabis has 10-30% of THC while hemp has less than 2% of THC; the percentage of CBD also differs in both. [Source]

These statements have not been evaluated by the food and drug administration (FDA). These products are not intended to diagnose, treat, cure or prevent any disease.

Source: https://www.purecbdvapors.com/hemp-oil-cbd-oil-different/

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Village Farms International Completes US$135 Million Registered Direct Offering

VANCOUVER, BC, Jan. 20, 2021 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company“) (NASDAQ: VFF) (TSX: VFF), announced today that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 10,887,097 common shares at a purchase price of US$12.40 (approximately CA$15.70) per unit for gross […]

The post Village Farms International Completes US$135 Million Registered Direct Offering appeared first on CannabisFN.

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Ryan Allway

January 21st, 2021

News, Top News


VANCOUVER, BCJan. 20, 2021 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company“) (NASDAQ: VFF) (TSX: VFF), announced today that it has closed its previously announced registered direct offering with certain institutional investors for the purchase and sale of an aggregate of 10,887,097 common shares at a purchase price of US$12.40 (approximately CA$15.70) per unit for gross proceeds of approximately US$135 million (approximately CA$171 million) before placement agent fees and other offering expenses payable by Village Farms.

The net proceeds from this offering are intended to be used for general working capital purposes.

Upon closing of the offering there were 77,818,908 issued and outstanding common shares of Village Farms.

A.G.P./Alliance Global Partners and Raymond James (USA) Ltd. acted as co-lead placement agents and Roth Capital Partners acted as co-placement agent for the offering. Beacon Securities Limited acted as financial advisor for the offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Village Farms International, Inc.

Village Farms is one of the largest and longest-operating greenhouse growers in North America, and is leveraging its decades of experience in large-scale, low-cost intensive agriculture and as a vertically integrated produce supplier to pursue high-value, high-growth plant-based Consumer Packaged Goods opportunities in cannabis and CBD in North America and selected markets internationally.

In CanadaBritish-Columbia-based Pure Sunfarms is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer, one of the best-selling brands, and has generated profitability for seven consecutive quarters.

In the U.S., subject to compliance with all applicable U.S. federal and state laws, Village Farms is pursuing a strategy to become a leading developer and supplier of branded and white-labeled CBD products targeting “big box” and other major retailers and consumer packaged goods companies, and with one the largest greenhouse operations in the country, is well positioned for the potential federal legalization of high-THC cannabis.

Internationally, Village Farms is strategically targeting selected, nascent, legal cannabis and CBD opportunities with significant long-term potential, with an initial focus on the Asia-Pacific region through its investment in Australia-based Altum International.

Cautionary Statement Regarding Forward-Looking Information

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and is subject to the safe harbor created by those sections. This press release also contains “forward-looking information” within the meaning of applicable Canadian securities law. We refer to such forward-looking statements and forward-looking information collectively as “forward-looking statements”. Forward-looking statements may relate to the Company’s future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, taxes, plans and objectives of or involving the Company. Particularly, statements regarding future results, performance, achievements, prospects or opportunities for the Company, the greenhouse vegetable industry or the cannabis industry are forward-looking statements. In some cases, forward-looking information can be identified by such terms as “outlook”, “may”, “might”, “will”, “could”, “should”, “would”, “occur”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “try”, “estimate”, “predict”, “potential”, “continue”, “likely”, “schedule”, “objectives”, or the negative or grammatical variation thereof or other similar expressions concerning matters that are not historical facts. The forward-looking statements in this press release are subject to risks that may include, but are not limited to: our limited operating history, including that of Pure Sunfarms and our start-up operations of growing hemp in the United States; the legal status of Pure Sunfarms’ cannabis business; risks relating to obtaining additional financing, including our dependence upon credit facilities; potential difficulties in achieving and/or maintaining profitability; variability of product pricing; risks inherent in the cannabis, hemp and agricultural businesses; the ability of Pure Sunfarms to cultivate and distribute cannabis in Canada; existing and new governmental regulations, including risks related to regulatory compliance and licenses (e.g., Pure Sunfarms’ ability to obtain licenses for its Delta 2 greenhouse facility as well as additional licenses under the Canadian act respecting cannabis to amend to the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16 (Canada) for its Delta 3 greenhouse facility), and changes in our regulatory requirements; risks relating to conversion of our greenhouses to cannabis production for Pure Sunfarms; risks related to rules and regulations at the U.S. federal (Food and Drug Administration and United States Department of Agriculture), state and municipal levels with respect to produce and hemp; retail consolidation, technological advances and other forms of competition; transportation disruptions; product liability and other potential litigation; retention of key executives; labor issues; uninsured and underinsured losses; vulnerability to rising energy costs; environmental, health and safety risks, foreign exchange exposure, risks associated with cross-border trade; difficulties in managing our growth; restrictive covenants under our credit facilities; natural catastrophes; the ongoing and developing COVID-19 pandemic; and tax risks.

The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. Although the forward-looking statements contained in this press release are based upon assumptions that management believes are reasonable based on information currently available to management, there can be no assurance that actual results will be consistent with these forward-looking statements. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company’s control, that may cause the Company’s or the industry’s actual results, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the factors contained in the Company’s filings with securities regulators, including this press release. In particular, we caution you that our forward-looking statements are subject to the ongoing and developing circumstances related to the COVID-19 pandemic, which may have a material adverse effect on our business, operations and future financial results.

When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities. The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

SOURCE Village Farms International, Inc.

For further information: Investor Contact: Lawrence Chamberlain, Investor Relations, (416) 519-4196, [email protected]

Related Links

www.villagefarms.com

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Source: https://www.cannabisfn.com/village-farms-international-completes-us135-million-registered-direct-offering/

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Nabis Expands into 26,000-Square-Foot Oakland Cannabis Distribution Hub, Adding Brands and Product Categories

California’s Leading Cannabis Product Wholesale Distributor Nabis More Than Triples Its Storage and Fulfillment Capabilities to Meet Surging Demand OAKLAND, Calif., Jan. 19, 2021 /PRNewswire/ — Nabis, one of California’s largest licensed cannabis distributors, announced the company has moved its Northern California distribution center to a larger facility in Oakland. Fitted with state-of-the-art security and operational equipment, the move provides Nabis with the […]

The post Nabis Expands into 26,000-Square-Foot Oakland Cannabis Distribution Hub, Adding Brands and Product Categories appeared first on CannabisFN.

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Ryan Allway

January 21st, 2021

News, Top News


California’s Leading Cannabis Product Wholesale Distributor Nabis More Than Triples Its Storage and Fulfillment Capabilities to Meet Surging Demand

OAKLAND, Calif.Jan. 19, 2021 /PRNewswire/ — Nabis, one of California’s largest licensed cannabis distributors, announced the company has moved its Northern California distribution center to a larger facility in Oakland. Fitted with state-of-the-art security and operational equipment, the move provides Nabis with the extra storage space needed to continue integrating new brands into its compliant, rapid wholesale delivery service.

The 26,000-square-foot facility gives Nabis the space to store nearly 400% more inventory than at the previous 8,000-square-foot facility, also in Oakland. The increased storage capacity allows Nabis to fulfill hundreds of orders per day and distribute them to the most populous regions in California, as well as increase distribution speeds across the state. The company plans to double its order fulfillment staff in Oakland by the end of 2021.

“We are ecstatic to begin operating out of the new fulfilment hub in Oakland. The past year has been eventful for the growth of our company, and we are looking forward to powering even more brands with our attentive service and tech-driven logistics solutions,” said Jun S. Lee, President of Nabis. “The significant space increase positions Nabis to onboard brands across all product categories, including flower, vapes, concentrates, topicals and edibles, both shelf-stable and perishable.”

The facility is equipped with climate-controlled storage, refrigeration and freezers, state-of-the-art security technology such as facial-recognition cameras and a secure access system at every point of egress, and armed security guards that provide full facility protection 24 hours a day.

In the past year alone, Nabis has signed 60 new brand partnerships as the company continues to modernize the cannabis supply chain. Nabis currently has over 10,000 unique active SKUs in its proprietary software platform. The larger facility will allow Nabis to grow the company’s product portfolio by at least five times in volume over the next two years, supporting brand growth in the world’s largest legal cannabis market.

About Nabis
Nabis is a technology-focused cannabis distributor supporting nearly 100 individual brands and supplying more than 99% of California’s dispensaries with top-tier products. Nabis offers clients compliant fulfillment logistics, warehousing, payment collection, financing, sales and marketing services to reduce barriers to entry and accelerate brand growth. Founded in 2017 by software engineers Vince C. Ning and Jun S. Lee, Nabis is fueled by cutting-edge distribution technology designed in-house to support cannabis professionals and their businesses. Nabis works directly with brands to ensure lightning-fast fulfillment and provides actionable, industry-leading sales data and insights to help brands scale and grow. Learn more: Nabis.com

Media Contact:
Trevor Maniscalo
Grasslands: A Journalism-Minded Agency
[email protected]
630-841-1017

SOURCE Nabis

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

Ryan Allway

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Source: https://www.cannabisfn.com/nabis-expands-into-26000-square-foot-oakland-cannabis-distribution-hub-adding-brands-and-product-categories/

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Cannabis Use Associated with Less Alcohol Consumption Among Those Seeking Treatment

A newly published study supports the idea that cannabis may help some people in their goal of alcohol cessation.

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Cannabis Use Associated with Less Alcohol Consumption Among Those Seeking Treatment | High Times






























Source: https://hightimes.com/news/cannabis-use-associated-less-alcohol-consumption-among-seeking-treatment/

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