Extraction Technology Becoming Paramount in Cannabis Industry as Consumers Gravitate Towards Concentrates and Higher Quality of Substance
Jul 19, 2016, 08:30 ET
CORAL SPRINGS, FL, July 19, 2016 /CNW/ - Top marijuana companies are aiming to improve cannabis extraction methods as the market value shifts towards concentrates and higher quality of substances for both medical and recreational uses. Marijuana concentrates are the fastest growing segment of Colorado's legal marijuana market. Marijuana, Hemp & Cannabis Operations are being guided in the markets today by Puration, Inc. (OTC: PURA), PharmaCyte Biotech, Inc. (OTC: PMCB), GrowLife, Inc. (OTC: PHOT), Hemp, Inc. (OTC: HEMP) & Medical Marijuana, Inc. (OTC: MJNA).
Puration, Inc. (OTC: PURA) today announced a campaign to brand the Company's cannabis extracts as the leading concentrates infused into recognized food and beverage consumer products. Puration utilizes highly refined cannabis extraction processes to deliver a variety of consistently high-quality cannabis extracts. The Company is developing collaboration agreements with food and beverage companies to co-market food and beverage consumer products infused with Puration's cannabis extracts.
Read the full Puration (PURA) Press Release at: http://financialnewsmedia.com/profiles/pura.html
PharmaCyte Biotech, Inc. (OTCQB: PMCB), a clinical stage biotechnology company focused on developing therapies for cancer and diabetes using its signature live-cell encapsulation technology, Cell-in-a-Box®, recently announced that the U.S. Patent and Trademark Office (USPTO) has granted patent protection of the Melligen cells that are a part of PharmaCyte's therapy for Type 1 and insulin-dependent Type 2 diabetes.
GrowLife, Inc. (OTC: PHOT), one of the nation's most recognized indoor cultivation service providers, recently announced GrowLife Cube, a new subscription service for emerging indoor growers. GrowLife will service the demand from aspirational indoor cultivators in many states, from first-time growers to those entrepreneurs seeking to scale-up and become professional cultivators. GrowLife Cube, found at Greners.com, is a complete indoor growing subscription service that provides an ecologically friendly environment with indoor growing equipment packages starting at $499 and monthly supplies and consulting services to help bring crops to harvest. For a limited time, the introductory Micro Starter Package includes 12 months of supplies at no extra charge. Each month the subscriber will receive the necessary supplies to keep their crop on track.
Hemp, Inc. (OTC: HEMP) executives announced that the next phase of its strategic business plan has been initiated… Hemp, Inc.'s planting of its first fifty-three acres of hemp. According to executives, Hemp, Inc. will begin to joint venture with land owners and/or companies across America to grow hemp while it continues to complete the final phase of bringing online its multi-purpose hemp processing facility in North Carolina. Last month's successful planting of 420 acres of Kenaf, in North Carolina, triggered the next phase of also growing industrial hemp.
Medical Marijuana, Inc. (OTC: MJNA) announced last week that its portfolio company Kannalife Sciences, Inc. ("Kannalife") was the focus of a Sports Illustrated online article about how the breakthrough cannabinoid research the Company is conducting could be the "future new wave of medicine" for traumatic brain injuries. The article also highlights the potential benefits of Cannabidiol (CBD) treatment for NFL players.
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