Business
Cannabis and CBD stocks set to explode and future is very green
Cannabis and CBD stocks set to explode and future is very green.
About this update from Envirotechnologies Intl Inc
[{"type":"text","content":"\nEnviro Technologies (OTC: ETII) an undervalued jewel in the Utah desert\n NEW YORK, Nov. 09, 2018 (GLOBE NEWSWIRE) --  News Commentary: www.cannagreed.com According to a recent report issued by New Frontier Data, the U.S. CBD industry grew by nearly 40% in 2017, reaching $367 million in sales across hemp-derived and marijuana-derived markets. This marks the first year that sales of hemp-derived CBD products outpaced marijuana-derived CBD products. Much of the recent growth has come from the demand for hemp-derived CBD for use in health and wellness products. Missouri and Utah passed initiatives to legalize medical marijuana, joining 31 other states, Washington, D.C., Guam and Puerto Rico, which already permit medicinal use. Recreational marijuana is already legal in Washington, D.C., and nine other states: Washington, Oregon, Nevada, California, Colorado, Alaska, Vermont, Maine and Massachusetts. Jeff Sessions' departure has signaled the fall of a major political roadblock to more widespread legalization. In response, cannabis stocks saw a surge in momentum. NASDAQ’s Alternative Harvest Marijuana ETF, a fund that bundles tradable assets for the cannabis industry, was up sharply in the hour after the Sessions announcement. His departure could be beneficial for publicly traded companies in the Hemp/CBD space such as Enviro Technologies International, Inc. (OTC: ETII), Kona Gold Solutions, Inc. (OTC: KGKG) and CV Sciences (OTC: CVSI). After being acquired by Enviro Technologies International, Inc. (OTC: ETII) in January, CBD Health Co. (www.cbdhealthco.com), a company that markets and sells high quality and proprietary hemp-based, natural CBD health products, announced the launch of a sister fitness and media company that will market fitness hemp-based products and health films. Hemp products are now used in sports medicine to control pain, decrease inflammation and reduce stress; hemp-based products have also been found to aid in bone, nerve and tissue regeneration, which are particularly relevant and needed remedies in the amateur and professional sports arenas. As of January 2018, The World Anti-Doping Agency (WADA) has curtailed its probation for athletes using hemp-based products as health remedies and, as of 2018, amateur and professional athletes will not be disqualified from their individual sports for using he...