Business
Stony Hill Launches Line of CBD Products
Stony Hill Launches Line of CBD Products.
About this update from Applied Biosciences Corp.
[{"type":"text","content":"LOS ANGELES, CA / ACCESSWIRE / October 24, 2017 / Stony Hill Corp. (OTCQB: STNY), a diversified company focused on the cannabis industry, founded by Damian Marley, announced it will expand its product line and launch a hemp-derived CBD product line under the Stony Hill CBD brand on Tuesday, October 24th. The products will be sold on Stony Hill's new website and in select locations in the U.S.As the health and wellness market continues to more broadly accept the therapeutic properties and applications of hemp and cannabis, Stony Hill is working closely with doctors, scientists, industry advocates and the general public to ensure each group is receiving accurate, reliable and helpful information regarding the benefits of cannabis and our branded line of products.Stony Hill's organic ingredients and formulations were created to target common ailments in the health and wellness industry for anyone who is open to trying hemp derived products. The products use industrial hemp as an input to produce high quality CBD for a variety of health and wellness products.Chris Bridges, President of Stony Hill stated, \"According to the Hemp Business Journal (www.hempbizjournal.com), the hemp-derived CBD products market is expected to surpass $450 million by 2020 and we are pleased to be getting involved during the industry's infancy. With the overall CBD market expected to surpass $2.1 billion by 2020, we feel strongly that the legalization and availability of hemp-based products stands to attract the lion's share of the market as cannabis-based CBD products overcome the federally imposed hurdles.\"JJ Southard, Vice President of Products at Stony Hill Corp. added, \"It is important for consumers to be educated on the differences between hemp-based CBD and cannabis for multiple reasons including efficacy, legality and safety. Hemp-derived CBDs provide an attractive alternative for people looking to reap the medical benefits of cannabis, but who cannot obtain cannabis due to legality issues, or simply do not want to experience the psychoactive effects of THC.\"The new e-store, StonyHillCBD.com, currently offers Stony Hill's line of hemp-derived cannabidiol (CBD) isolate infused gummies, topicals and tinctures. Over time, Stony Hill will launch its product lines in specialty and retail stores.The organic CBD gummies come in both daytime and nightti...