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Exactus seeking prime position in hemp cannabinoids

Following enactment of ‘the Farm Bill’ in the US in January 2019, legalising hemp cultivation and opening the door to potential huge market growth for hemp-derived CBD (cannabidiol), CBD sales in the US are projected to increase from US$291mln in 2017 to US$5.7bn by 2019, based on a myriad of well-being and health applications. Exactus (EXDI) intends to carve out a leading position in the burgeoning CBD market by establishing control over the entire chain of custody for CBD production ‘from seed to consumer’ to provide full traceability and quality assurance on its products.

Quick facts: Exactus, Inc.

Price: 0.5 USD

OTCQB:EXDI
Market: OTCQB
Market Cap: $20.32 m
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Exactus Inc 'targeting the highest-growth segments of the CBD market'

Proactive Research analyst Emma Ulker says Exactus Inc (OTCMKTS:EXDI) is an early mover in the hemp-derived cannabinoids market and has ambitions to carve out a leading position in the field. Ulker says EXDI is preparing to launch a range of branded products by means of its scaleable...

on 29/10/19

38 min read