According to a recent survey done by Fredonia Group, the world’s demand for nutraceutical ingredients is forecast to increase 6.4% annually to $28.8 billion in 2017. Given that CBD is a unique nutraceutical that offers a very wide range of applications, it is easy to see the CBD oil industry has to room for growth.
Pancreatic cancer, which is also known as the “silent killer” as it is extremely hard to detect symptoms, has been a major problem across the world for quite a while.
Creating Better Days CBD, a company dedicated to making only the best cannabis extracts has joined forces with the Pancreatic Cancer Action Network (PanCAN) in order to give back to the community in celebration of Pancreatic Cancer Awareness Month this November.
Pancreatic cancer is a form of cancer with a very high mortality rate since the survival rates are in the single digits. Every year around 53,000 Americans are diagnosed with this form of cancer.
“Our team at Creating Better Days CBD is completely united with PanCAN’s mission to Double Pancreatic Cancer Survival by 2020,” co-founder of Creating Better Days CBD, Ron Briggs noted.
“As pancreatic cancer has hit close to home for us, our goal is to help create better days for those affected and spread awareness of the disease to our customers and their network of friends and families alike,” — Ron Briggs.
Creating Better Days CBD has pledged to donate $1 per awareness bottle sold of their purple-ribbon Pancreatic Cancer Awareness CBD Oil Tinctures.
Canadian CBD company will increase cannabis production by 480%
Maricann Group Inc has announced that Health Canada has awarded them a new license, one which removes the existing annual production limits on approved medical cannabis products.
The new license will allow them to store up to 6,250 kilograms of product in their Ontario facility.
With the new license, Maricann will be able to increase its production by nearly five-fold. Their previous license granted them the right to hold 930kg of dried marihuana and 352 kg of cannabis oil per year.
The new license is issued till October 9, 2020, and it will enable Maricann’s new facility to house an additional two vaults with 30,000, kilograms of product.
“This new license gives us more flexibility as we are able to increase production volume and provide more bulk storage for cannabis products, including processed resin to meet future demand,” said Ben Ward, CEO of Maricann.