HOUSTON, TX / ACCESSWIRE / December 24, 2018 / North America is about to experience one of the biggest economic booms in history.
All thanks in part to the $867 billion Farm Bill, a sweeping piece of legislation just signed into law by President Donald Trump.
The biggest benefit of the bill - it'll legalize the production, sale, and distribution of industrial hemp - a form of cannabis without the intoxicating properties. Congress will also remove hemp as a Schedule I drug under the Controlled Substances Act.
However, that's just the start.
Much of the push to legalize hemp also comes from the fact that it contains CBD, the "miracle" cannabis compound that holds multiple health benefits.
It's Opening the Floodgates for Multi-Billion-Dollar CBD Opportunities
Consumers could soon see more CBD-infused beer, food, health, supplements, medications, beauty aids, and clothing. In fact, it's even disrupting the $4.2 trillion global wellness industry.
The very healing properties of marijuana are why spa, wellness and skincare industries are introducing a range of products with cannabis as a key ingredient.
With baby boomers - who make up 70% of wellness industry consumers - seeking alternatives to help improve their quality of life as they age, and younger generations more open to adding cannabis products to their regimens, CBD is greatly impacting a significant market.
One such company seeing its benefits is The Yield Growth Corporation (BOSS.CN).
The Yield Growth Corporation (BOSS.CN)
The Yield Growth Corporation aspires to become the next multi-billion wellness/cosmetics giant that emerges from the cannabis industry.
And its CBD-based wellness brands could very well be disruptive to several sectors, including wellness, makeup and leisure. That could make The Yield Growth Corporation a potential acquisition target for larger companies, including Estee Lauder, and Procter & Gamble.
Now with the 2018 Farm Bill signed into law, the opportunities are just emerging.
Green Growth Brands (GGB.CN) (GGBXF) is likely to benefit from the 2018 Farm Bill, as well. The company, whose goal is to become North America's leading retailer of cannabis and CBD products, is preparing to market its CBD personal care products under its Seventh Sense Brand.
However, it's not the only multi-billion-dollar industry being disrupted
We already know alcohol companies like Constellation Brands invested $4 billion in Canopy Growth. Molson Coors even listed legal cannabis among the biggest possible risks to its business in its annual shareholder report. "The emergence of legal cannabis in certain U.S. states and Canada may result in a shift of discretionary income away from our products or a change in consumer preferences away from beer," they noted.
Now, Anheuser-Busch InBev (BUD) looks to be jumping on the bandwagon.
In fact, it just partnered with cannabis company, Tilray Inc. (TLRY) in a $100 million deal to research cannabis-infused drinks for the Canadian market. Each company will invest $50 million in the project to study non-alcoholic drinks containing CBD, or cannabidiol.
Tilray Inc. also just announced a global partnership with Sandoz AG, a division of Novartis (NYSE:NVS) to develop and distribute medical marijuana around the globe.
While we're seeing incredible growth in industries, one of the biggest is the wellness industry.
Cannabis-Infused Wellness Products are Being Launched in North America
For example, The Yield Growth Corporation's wholly-owned subsidiary, Urban Juve Provisions, Inc. is a modern wellness brand, offering hand-crafted, daily use cosmetic and therapeutic products made of Cannabis Sativa hemp root oil, high quality essential oils and all-natural ingredients.
Urban Juve is an Ayurveda-inspired skin care and beauty brand that rejuvenates and nourishes from within: spirit to skin. Urban Juve's key ingredient - cannabis sativa hemp root oil - combines with natural and pure essential oil-based formulations to create quality products that are now available online and will soon be available at select retail stores across Canada.
Urban Juve has developed a proprietary method for hemp root oil extraction. The Urban Juve products are formulated to be infused with Cannabidiol (CBD) or Tetrahydrocannabinol (THC). Urban Juve has roughly 50 products set to enter the market in late 2018 and into 2019.
The company has also submitted 26 products to Health Canada for approval. It completed 26 Health Canada registrations, and has already filed for 11 U.S. patent applications.
Growth through Global Expansion
In June 2018, The Yield Growth Corporation's Urban Juve granted exclusive distribution rights to wellness products in Italy for the next three years to Crop Infrastructure Corporation.
Such an opportunity now gives The Yield Growth Corporation incredible exposure to the European cannabis market, as well.
Thanks to its product development, and international growth, The Yield Growth Corporation could become a substantial disruptor to a $4.2 trillion global wellness industry.
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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media which has a partnership with www.MarijuanaStox.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
For making specific investment decisions, readers should seek their own advice. Winning Media, which has a partnership with www.MarijuanaStox.com, is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media (partners of MarijuanaStox.com) and The Yield Growth Corp, Winning Media has been paid one hundred thousand dollars for advertising and marketing services for The Yield Growth Corp. We own ZERO shares of The Yield Growth Corp. Please click here for full disclaimer.