HICKSVILLE, NY / ACCESSWIRE / May 12, 2021 / Can B Corp. (OTCQB:CANB) (‘Can B’ or the ‘Company’), a diversified well being and wellness firm, is happy to announce its current purchases of further tools so as to enhance manufacturing at its industrial hemp facility in Colorado.
In addition to the hemp rising and cultivations already underway in CO and NY underneath our Botanical Biotech division, the Company is coming into the commercial hemp enterprise. Fresh from a farm tools public sale in CO, the Company acquired the fundamental tools to develop and harvest industrial hemp. The tools consists of specifically modified for hemp combines, grapplers, forage wagons, a semi-tractor/ trailer and a plethora of further tools for a full-on develop and harvest, all purchases for dimes on the greenback.
For the uninitiated, Industrial hemp is an extremely helpful plant, one mentioned to have actually tens of 1000’s of functions. Industrial hemp farmers are inclined to goal to develop the vegetation up, not out as is the case with medicinal cannabis – and the taller, the higher when grown for fiber. This is as a result of a few of the nice worth of commercial hemp in fiber-based functions is primarily in its stalk. Industrial hemp can also be grown at fairly excessive density.
Industrial hemp can develop to five meters excessive, with very lengthy fibers. The stem is comprised of the outer ‘bark’ or bast, wanted for textiles; and the inside materials known as hurd, which is used for different functions. Another very invaluable element of commercial hemp is the seed, which is technically a nut. Industrial hemp is a really hardy plant, in a position to be onerous grown in areas the place different crops will fail. It can face up to intervals of drought, warmth and frost and in addition be cultivated with out pesticides or different chemical compounds. The plant grows fairly rapidly, attaining heights of 4 meters in 4 months. The plant is simple to work with and will be readily reworked into a tremendous array of merchandise and utilized in a large number of functions, together with inventory fodder, ropes and cordage, fiberboard, insulation, plastics, hempcrete, clothes and textiles and extra.
The Company is presently in discussions with wholesale teams for off-take agreements for our anticipated hemp fiber grows.
Marco Alfonsi, Can B’s Chief Executive Officer, commented, ‘As we see the sunshine on the finish of the tunnel from exiting this pandemic period and returning to some resemblance of normalcy, we proceed to function very cautiously with an eye fixed on the way forward for our enterprise. Our workforce took benefit of this timing and was in a position to purchase obligatory tools to broaden our industrial hemp operations at an accretive worth. We sit up for integrating the brand new tools at our facility, as it’s a key piece of the puzzle for us to hunt further income streams, inside our hemp area.’
About Can B Corp.
Can B Corp. (OTCQB:CANB) is a Health & Wellness firm offering the best high quality cannabidiol (CBD) merchandise underneath the manufacturers of Canbiola, Seven Chakras, NuWellness, Pure Leaf Oil and Duramed. Can B makes use of multi-channel distribution to succeed in shoppers, together with medical amenities, physician workplaces, retailers, on-line and direct. The Company has launched Super Foods, a line of dietary dietary supplements. Can B Corp. owns and operates an R&D and manufacturing facility in Lacey, WA and Green Grow Farms, a licensed hemp develop and cultivation in New York. To be taught extra about Can B Corp. and our complete line of top quality CBD merchandise, please go to: Canbiola.com and www.CanBCorp.com, observe Can B Corp on Instagram and Facebook, or go to one of many 1,000+ stores that carry Can B Corp. merchandise.
For extra details about Can B Corp., please go to CanBCorp.com.
Forward-looking statements and dangers and uncertainties mentioned on this launch comprise forward-looking statements. The phrases ‘anticipate,’ ‘consider,’ ‘estimate,’ ‘could,’ ‘intend,’ ‘count on,’ and comparable expressions determine such forward-looking statements. Expected, precise outcomes, efficiency, or achievements may differ materially from these contemplated, expressed, or implied by the forward-looking statements contained herein. Forward-looking statements are topic to quite a lot of dangers and uncertainties, together with however not restricted to, dangers and uncertainties related to, amongst different issues, the affect of financial, aggressive, and different components affecting our operations, markets, merchandise, and efficiency. The issues mentioned herein shouldn’t be construed in any approach, form or method of our future monetary situation or inventory worth. Except as required by legislation, we undertake no obligation to replace or revise publicly any forward-looking statements, whether or not on account of new info, future occasions or in any other case, after the date on which the statements are made or to mirror the prevalence of unanticipated occasions.
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SOURCE: Can B Corp.
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