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Celebrities Who Own Cannabis Brands

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Now that cannabis is getting legal very swiftly across various states of the world, more and more people are making their way in its trading. The cannabis business is getting popular with every passing day.

Greater amounts of individuals are willing to invest in this as CBD products are yielding much higher profit margins. Hence there is no surprise a great number of people from different professions especially entertainment and sports are making an effort to get into action in this field.

The following are some celebrities with their cannabis/CBD extracted brands.

Willie Nelson 

Willie Nelson hails from America. He is a musician, producer and, poet as well. Nelson is regarded as one of the most acknowledged American musicians because of the success of his album Shotgun Willie and Red Headed Stranger. He has acted in many movies and also wrote many books.

Willie Nelson is a strong supporter of cannabis legalization and also he owns a brand by the name “Willie’s Reserve”. This store sells actual cannabis, hard edibles and also CBC extracted chocolates.

Whoopi Goldberg

Whoopi Goldberg is a comedian and author from America. She has won many awards including an Academy Award, a Tony Award, an Emmy Award and, a Grammy Award. For acting, she is one of the few black women who have won an Academy Award.

In 2008, Whoopi Goldberg and Maya Elizabeth initiated their cannabis venture by the name “Whoopi & Maya”. This company sells the products of bath, body balms, edibles and tinctures.

Rob Gronkowski 

After playing for nine years in NFL, Robert Gronkowski took retirement from professional sports this year in March. He has set many records including Three Super Bowl wins.

Gronkowski has partnered with Abacus Health and initiated his new business of making pain treatment products by using CBD extracted products. Its name is CBDMedic.

Robert Gronkowski’s performance was declining in his last days of playing and he was very much disturbed. He tried his best to overcome his weaknesses and improve the game but all in vain. Eventually, he decided to part ways with the NFL. As a recovery, Gronkowski initiated a new venture. He wants the NFL should lift their restriction on CBD to assist players in pain treatment.

Bob Marley 

Bob Marley was a singer and writer from Jamaica. He was one of the founders of reggae and also one of the reasons for Jamaican music popularity across the world. For many years, he remained a global figure in the world.

His brand “Marley Natural” sells legal herbs and also high-end pipes and containers for storage.

Melissa Etheridge 

Melissa is a singer and guitarist hailing from America. She got famous after the release of her first album Melissa Etheridge in 1988. Melissa has won two Grammy Awards in her career.

Melissa was diagnosed with cancer in 2004 and hence went through chemotherapy. She used medical cannabis in her battle with breast cancer. Since then, she collaborated with Greenway Compassionate Relief and manufactured her wine known as “Greenway wine”.

Ivan Moody 

Ivan Moody is an actor and also a vocalist of American band Five Finger Death Punch. He has recently started his new venture related to cannabis. His company “Moody’s Medicinals” sells CBD sprays for throats and also CBD extracted water.

 

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Cannabis

Medical Cannabis Brand Aphria bags Top Canadian Cannabis Award

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Aphria, all of their medical and recreational brands, as well as Broken Coast Cannabis named Head Grower were recognized at the 6th Annual Canadian Cannabis Awards hosted by Lift & Co.

A panel of experts awarded Broken Coast’s Head Grower Kevin Anderson ‘Master Grower’ and Aphria’s Solei’s CBN Renew Oil ‘Innovation of the year’ title. The company won 7 awards in total. With the vote of over 31000 Canadians, the adult use brands Solei, RIFF, Good Supply, Broken Coast, and the medical brand Aphria received top honours in each category.

Aphria Inc. is a leading global cannabis company headquartered in Leamington, Ontario. It has been setting the standard for the low-cost production of high-quality cannabis at scale, grown in the most natural conditions possible. They focus on introducing latest technologies and innovation to the global cannabis market. Aphria Inc. drives sustainable long-term shareholder value through a diversified approach to innovation, strategic partnerships and global expansion, with a presence in more than 10 countries across 5 continents.

Irwin D.Simon said: “We are thrilled to have not only all five of our brands across our medical and recreational portfolios – Solei, RIFF, Good Supply, Broken Coast and Aphria – recognized by thousands of Canadians but to have our Solei Renew CBN oil win ‘Innovation of the Year’. These awards speak to the quality of our products and strength of our brands, as well as our commitment to innovation and continuously setting the bar higher to deliver products we believe meet the needs of our patients and consumers.”

Simon further showed his appreciation and gratitude to the hard work of Kevin Anderson who is a Head Grower at Broken Coast honoured. “Broken Coast’s superior craft quality is just one reason why it continues to receive accolades and remains one of the most sought-after brands on the market; another key factor is Kevin’s expertise, leadership and direction. We congratulate Kevin, and the teams in British Columbia and Ontario for the award-winning work they continue to deliver. Aphria’s success will continue to be driven by our incredible employees, and compelling and differentiated portfolio of brands and products.”

The company won 2 awards in the ‘Judged Category’
Innovation of the Year – Solei Renew CBN Oil by Aphria

‘Top Master Grower’ – Kevin Anderson, Head Grower, Broken Coast Cannabis
In the ‘Consumers’ Choice’ category, the honours achieved by all five of the Company’s brands are as follows:
Top Hybrid Flower – Ruxton (Sour OG) by Broken Coast Cannabis
Top High CBD Bottled Oil – CBD 25:1 Oil by Aphria
Top Sativa Dominant Pre-roll – Jean Guy Pre-roll by Good Supply
Top Indica Dominant Pre-roll – Subway Scientist Pre-roll by RIFF
Top Hybrid Pre-roll – Sense Pre-roll by Solei

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The Revolution of Cannabis and CBD based products attracting Discerning Customers

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Epileptic Seizures

Over the time the cannabis market has grown quite a lot. It was legalized for adult-use and since then the sales have spiked. With this, the market value of other products like edibles is getting a lot of attention. According to a research conducted by Brightfield Ground, the worth of hemp-derived CBD market is expected to hit USD 23.7 billion by 2023.

The 2018 Farm Bill was passed by the U.S. which legalized hemp. CBD is obtained through hemp plant. Hemp belongs to the cannabis family but it does not induce psychoactive effects. People were hesitant in trying CBD products due to a common misconception that it includes THC. After conducting numerous trials, it was proven that CBD does not induce any psychoactive effects, but instead it promises many health benefits. CBD helps with quitting smoking and reducing the withdrawal symptoms.

The research shows that CBD helps with minor headaches and also help with chronic medical illnesses. Once the misconception was out of question many new products containing CBD made their way into the market like CBD chewing gum, shampoo, coffee, fitness nutrition, and deodorant. To keep up with the hype, Goldleaf Founder Charles McElroy said “It is certainly growing, because CBD products boast no intoxicating effects and lots of medical potential, many people are getting involved all over the country, especially in states where cannabis is still illicit. It’s a good way to get your foot in the door in a growing industry, while I know it to be a wonderful product, currently there’s a race to grab market share in a space quickly becoming oversaturated.”

Several big names from health industry have entered the cannabis market and are working to make it an even bigger deal; Smart Decision Inc. researches and develops algorithms for the consumers for markets like CBD. Their aim is to help the consumer pick the right products in the first purchase. This way, the product image remains positive and product returns are cut down. They announced a collaboration “We’re excited to have the opportunity to work with HempAmericana.”

New Age Beverages Corporation, a Colorado based company that commercialized the use of CBD products. This mainly includes a line of Marley beverages infused with CBD. Senior Director in Japan for New Age said: “New Age is proud to introduce our lineup of CBD products to Japanese consumers and to be first with CBD in Japan. We have been working intensively with the Japanese Narcotics Control Division and the Ministry of Health for the past eight months to meet all of their stringent testing and requirements. This week, we finally cleared those hurdles, the first major company in the country to do so.”

Medmen Enterprises Inc. is another North America’s premium cannabis retailer founded in 2010. This company is licensed and has 35 retail stores. The aim of this company is to promote safe use of cannabis for adults over 21.

Another licensed producer of cannabis in Canada Emerald Health Therapeutics is working with a new supplier for medicinal cannabis in Denmark. Their aim is to introduce products like CBD oil, THC oil, THC+CBD oil for Danish Medical Cannabis Pilot Program.

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Cannabis Report 2019-2023 – Complete Guide for Investors

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The cannabis market has a recent report of its progress in the US and there is a forecast released for the years 2019 to 2023 that will help newcomers in the market. The cannabis report provides extensive detail regarding the cannabis market in the United States of America that includes an intricate description of the market growth rate and size.

This report will be giving an analysis of the market in the United States of America regarding cannabis by depicting its values and segmentation. Moreover, the report has an in-depth analysis of all cannabis-derived products in the cannabis market through the product and the channel for product distribution.

Cannabidiol is the non-psychoactive component of cannabis that is available in both marijuana and hemp. These two are the types of the original plant.

The extraction of cannabidiol compounds is possible through giving heat or decarboxylating the CBD acid. The resultant product CBD does not induce and intoxication in the user and the user does not feel any high.

This compound found in the medical strains has many therapeutic benefits that help relieve chronic pain and is useful for a number of physical as well as psychological diseases.

Moreover, some studies suggest it to be helpful even for pets regarding anxiety and pain. That is the reason why many Americans are now bringing cannabis products home and making it a part of their daily routine.

In addition to these factors, the fact that cannabinoid also helps in the endocannabinoid system, it is rendered good for the immune system in humans.

It slows down the whole disease progressing state according to some studies. The strain is available in many different forms with varying THC and CBD content and their ratios if both are meant to be present in the same product.

The cannabidiol market has high hopes of becoming one of the most flourishing industries in the US market during these years.

Various growth-enhancing factors like aging population growth and cannabis culture getting promoted and advocated among millennials, increasing chronic pain diseases like arthritis and other diseases are some causes why cannabis is flourishing in the domestic as well as the international market.

Moreover, the removal of the hemp substance from the list of Controlled Substances Act has given it a legal edge due to which people are not avoiding the product from the fear of showing positive test results.

On the other side, the market is not yet marked safe from risks and challenges of any kind that hinder the progress of the crop. These issues include a vague legal framework and policy regarding cannabis cultivation and use and products that are not regulated.

The report regarding cannabis will be assessing the opportunities in the industry and outline the factors that would drive the growth of the industry. The growing cannabis market in the US in cultivating terms has also been forecasted in this report.

 

 

 

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