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Running Circles Around the Competition - SinglePoint and Convectium: Investing in Cannabis Packaging Speed
Running Circles Around the Competition - SinglePoint and Convectium: Investing in Cannabis Packaging Speed.
About this update from Jacksam Corporation
[{"type":"text","content":"\n PHOENIX, Sept. 11, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – SinglePoint (OTCQB: SING) and Convectium (OTCQB: JKSM )featured in CFN Media. (Excerpt)Running Circles Around CompetitionConvectium is the inventor of the world’s first cannabis oil filling system and proprietary packaging systems. This is a major advancement at a time when about 80% of all concentrate products (vapes and pods) are filled manually. By hand, oil cartridge fills are completed at a paltry 75 per hour. Convectium’s 710 Shark system can exceed that in less than a minute on its way to produce between 6,000-12,000 in an hour. See Full Article Here The Biggest Thing Since the Dotcom BoomVilified for decades, cannabis is now being trumpeted as a serious medical breakthrough. Cannabis cannabinoids can be found in more than 1,000 products, ranging from edibles to beverages to pet products to skin creams. These cannabinoids generally consist of CBD (cannabidiol), a non-intoxicating component of cannabis and hemp, and THC (tetrahydrocannabinol), the part of cannabis responsible for the psychoactive “high” often associated with marijuana. The world is recognizing the medical benefits (and lack of side effects) of CBD. Hemp, which became legal across the U.S. at the start of 2019 through the passage of the Farm Bill, is defined as cannabis sativa containing less than 0.3% THC. In January 2018, the World Doping Agency removed CBD from its banned substance list, further validating its efficacy and safety. 33 U.S. states have legalized cannabis for medical uses, while 10 states and Washington, D.C. allow recreational uses. Last October, Canada legalized marijuana for all adults but products have been limited. Modified legislation will open the Canadian markets to a variety of new cannabis products, including extracts. That means that about 260 million people in North America has access to cannabis in one form or another. To that end, it’s no surprise that the industry experts at Arcview Market Research and BDS Analytics are calling for the legal cannabis market in the U.S. alone to reach $22.2 billion in 2022. About Jacksam/Convectium (Convectium)Convectium is an automation solutions provider that designs and markets patented filling and capping machines for the cannabis industry. Built in the U.S., Convectium offers the...