Cannabis began to gain wider acceptance and was legalized in an increasing number of countries, states and other jurisdictions for recreational, medical and other purposes. With the legalization of recreational marijuana in 11 states of the US and across Canada, a plethora of cannabidiol start-ups and companies have sprung up. The legal cannabis business in California currently has 7,800 growers, 1,000 distributors and 1,300 brands with expected sales of $7.4 billion by 2025, according to Harborside Inc. presentation.
Hemp is a variant of Cannabis Sativa that can be used to make a variety of products. It is also one of the fastest growing plants on earth and was one of the first plants to be used for spinning usable fibre 50,000 years ago. It’s used in many commercial items such as paper, rope, textiles, clothing, biodegradable plastics, paint, insulation, biofuel, food and animal feed.
1. Black Owned Business Cannabis
Black-owned cannabis businesses exist in every state, but there’s no better place to start than the oldest and largest legal cannabis market in the country, California. California is where the term cannabis dispensary was coined, stock programs have started and more black-owned cannabis businesses are thriving. There is even a small town in Southern California near the Nevada state line that a cannabis company bought out entirely to create a marijuana oasis.
Prima is a holistic wellness brand promoting hemp-based CBD and functionally innovative botanicals. To fight against the stress epidemic, it provides education and products made of the highest standards of purity and potency while being transparent.
Prima is based on the idea that balance is necessary to good health, and they believe that “we all deserve better”. It is a publicly held benefit corporation in Santa Monica.
Omura is a luxury, high-end cannabis brand that has created methods for sustainable and organic consumption. All products are focused on not emitting smoke during the act of consumption. With clean and safe whole flower dosing, Omura has created a vaporizer system that is available in California and Arizona. This system heats up the plant rather than burning it like traditional methods.
4. Grounded Food Co.
Grounded Foods Co. makes plant-based cheeses from a proprietary fermentation process, using imperfect vegetables and hemp seed. Buy it from near CBD Shop.
5. Holister Biosciences
Holister Biosciences aims to make hemp a viable agricultural product. Hollister is an organization whose goal is to make marijuana and hemp products that are considered high quality. They want to be the desired brand-name of innovative cannabis products. Hollister is a vertically integrated company that controls the production, distribution, and sales process. The various products they sell include HashBone pre-rolls, solvent-free bubble hash, pre-packed flower, pre-rolls and tinctures.
6. Green Gorrila
Green Gorilla will help to make the world more accessible to hemp-based solutions. We believe that hemp has incredible potential in medicine, textiles, plastics and much more. Green Gorilla believes that the future is bright for hemp, which will help heal our planet.