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Elixinol’s Hemp Fields Outside Denver in Fall 2018



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Elixinol, a all-around baton in hemp extracts, is a seed-to-sale hemp operation out of Denver. The new airy hemp agronomics regulations in the 2018 Farm Bill advance this may be a abundant added accepted afterimage throught the United States.

Elixinol LLC



A Hemp Plant from Elixinol’s Abound in Fall 2018 Outside Denver, CO

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Now that the 2018 Farm Bill has emerged from Congress, hemp will be decoupled from it’s cannabis cousin, marijuana, and assuredly removed from the Controlled Substances Act. Farmers will be able to administer for crop allowance as with any added agronomical commodity.

Elixinol LLC

DENVER, Dec. 11, 2018 (GLOBE NEWSWIRE) — The House of Representatives and Senate accept put alternating the 2018 Farm Bill which includes all the accent accepted as Hemp Agriculture Act of 2018.

Hemp Agriculture Act of 2018 admittance in the final adaptation of the Farm Bill is a above achievement for hemp CBD companies like Elixinol as it makes accoutrement to abolish hemp from the federal account of controlled substances and removes any federal regulations preventing farmers from growing and affairs hemp as an agronomical commodity. Hemp farmers would additionally be acceptable to aggregate crop insurance.  

While the Senate anesthetized its adaptation of the 2018 Farm Bill with the Hemp Agriculture Act of 2018 adapter with bipartisan abutment on June 28, 2018, the House’s adaptation did not accommodate the Hemp Agriculture Act of 2018 attachment.

According to the Hemp Business Journal, in 2017, U.S. hemp sales accomplished $820 actor with hemp CBD and hemp aliment articles authoritative up $327 actor of the absolute and projections see U.S. CBD sales extensive $2.1 billion by 2020, alike afore the access of the 2018 Farm Bill.

The accent provides the absolute accumulation alternation with authoritativeness and enables businesses of all sizes and types to antecedent hemp for food, architecture abstracts and bolt from U.S. crops.

“Hemp is a absolute contributor to the U.S. abridgement and culture. Hemp is a apple-pie agronomical artefact and has abundant abeyant to enhance our aggregate wellness and all-around environment,” said Gabriel Ettenson, President of Elixinol.

“The Agriculture Act, if active into law, provides much-needed authoritativeness so hemp farmers and hemp businesses can accommodate the appurtenances bodies want,” Ettenson continued.

The Hemp Agriculture Act includes accoutrement to abolish hemp from the federal account of controlled substances and removes any federal regulations preventing farmers from growing and affairs hemp as an agronomical commodity. Hemp farmers would additionally be acceptable to aggregate crop insurance.

Through partnerships and collective ventures like the NCHPP, appear in June 2018, Elixinol already grows automated hemp in Colorado for CBD hemp-derived products. But for companies like Elixinol who are accretion their charge for calm U.S. hemp, the law provides assurances that appeal for CBD articles will abound and a solid U.S.-based accumulation alternation will be in abode for the accountable future.

“We’ve been in agronomics for decades, but we’re new to hemp. We’ve been afterward Colorado regulations to the letter, it’s a abatement to apperceive that hemp agriculture now has the allowances of the federal agronomical action and bright federal guidelines too,” said Jason VonLembke, Vice President of Land and Resource Management for the NCHPP affiliation which provides Elixinol with raw hemp in Colorado.

Advocating for the access of the Hemp Agriculture Act, the Senate’s admeasurement noted “the amount of hemp alien into the United States for use in the assembly of added retail articles is estimated at about $76 actor annually.”

“It’s ideal to antecedent hemp for U.S. articles in the U.S., it reduces costs and adds to the U.S. economy. Elixinol has anchored our “seed-to-sale” accumulation alternation in Colorado, but we abutment hemp agriculture throughout the United States and see this accent as a absolute footfall for U.S. hemp businesses and the U.S. economy,” connected Ettenson.

“But, what this agency for the consumer, is it’s added important than anytime that the customer attending for the raw actual from a state-licensed agriculturalist is extracted application a non-toxic action beneath GMP standards, and the end artefact is third-party tested,” connected Ettenson.

Many media outlets currently bind hemp-derived articles from advertisement on their platforms. Those restrictions are accepted to be aerial with the abatement of hemp as a controlled actuality afterward the signing of the Bill.

In June 2018, Elixinol fabricated all-around account as the aboriginal aggregation to acquaint in a accessible area in Japan.

“We apperceive from experience, the added bodies apprentice about hemp CBD, the added they acquisition it has a abode in their circadian lives. We administer CBD artefact in 40 countries, including the U.S. We apperceive we can advice added bodies alive their best lives.  This impacts our adeptness to ability added barter and brainwash added bodies on hemp articles like CBD,” said Chris Husong, Director of Sales & Marketing for Elixinol.

The Farm Bill will now go to the President who will either assurance the 2018 Farm Bill authoritative it law or veto the 2018 Farm Bill.

Media Contact: Chris HusongElixinol 1 844-804-3504 ext 420chris@elixinol.com

Photos accompanying this advertisement are accessible at

http://www.globenewswire.com/NewsRoom/AttachmentNg/95dd6844-ea73-41b4-97b1-ef673e9e9555

http://www.globenewswire.com/NewsRoom/AttachmentNg/1da91e3c-56e4-441f-9783-4a0200017e7b

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