Costa Rica passes Bill 21,388 Hemp & Medical Cannabis legislation out of committee. Press release: HEMP PRODUCTION IN COSTA RICA In recent months, hemp production has been a subject of analysis in our country. There are many Read more…
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Hemp CR Inc. is penetrating the Hemp and CBD markets in the USA and Latin America. Investors click here.
Hemp CR Inc, provides Hemp and CBD business opportunities to entrepreneurs and existing businesses that would like to take advantage of this exploding market. We believe that CBD product knowledge is what sells CBD products. Hemp CR offers low wholesale pricing along with low minimum orders, so our distributors have a greater chance to succeed. Our CBD product lines are tested every step of the way.
Over the last few years, we have watched many large firms raise millions of dollars only to watch it all disappear. Marketing Hemp and CBD products successfully is a whole new game that many just don’t understand.
We have been in this market since 2015 and we have seen it all.
Opportunities in Latin American are huge.
We spent 4 years in Costa Rica, developing contacts and providing Hemp, CBD and Medical Cannabis education. We are ready for the government to finally approve legislation.
With over 100 micro-climates, Costa Rica is ideal for growing Hemp and Cannabis.
Costa Rica has recently passed Bill 21,388 Hemp & Medical Cannabis legislation out of committee and on its way towards a full vote. Hemp CR is working with partners for lab, oil extraction and Hemp processing facilities. Latin America offers many opportunities as more countries are legalizing Hemp and Medical Cannabis. We lived in Costa Rica from 2013-2017 and worked on the first Hemp & Medical Cannabis bill, so we are ready to go.
That’s all we will say for now.
Hemp CR Smokes
Smokable-hemp products, which include CBD flower, hemp-CBD pre-rolls, cigars and other inhalables, are part of a growing sector in the hemp-CBD market. Hemp industry observers say smokable hemp is one of the fastest- growing and most lucrative segments in the nascent hemp and CBD industry, with expectations that the market will experience fivefold growth in the next five years.
For 2020, Nielsen projects sales in the current smokable-hemp market to reach $70 million-$80 million. Breaking that into categories, the markets for smokable-hemp CBD flower market and for smokable-hemp-CBD pre-rolls, including hemp cigarettes and cigars, are each valued at approximately $35 million-$40 million.
By 2025, Nielsen expects the smokable-hemp market to reach $300 million-$400 million, representing roughly 5% of the potential $6 billion-$7 billion hemp-derived CBD consumer products category.
Don’t take our word for this. All this information was taken from the Hemp Industry Daily report: Opportunities & Challenges in Smokable Hemp, your free copy here
Hemp Farmers around the world have to keep their crop under .03 THC (US is .03, some counties are as high as 1%) or their crops can be destroyed as “hot”. Working with an Israeli company we offer the finest on site Hemp or Cannabis THC testing.
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