Business
Upper Street Marketing Inc. Announces CBD Raw Crude Production
San Diego, California--(Newsfile Corp. - March 12, 2019) - Upper Street Marketing Inc. (OTC: U...
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[{"type":"text","content":"Upper Street Marketing Inc. Announces CBD Raw Crude ProductionSan Diego, California--(Newsfile Corp. - March 12, 2019) - Upper Street Marketing Inc. (OTC: UPPR) and its wholly owned subsidiary, Growing Springs Holdings Corporation has announced that in conjunction with our cultivation partner, Genji Organics, of Center Colorado, that it has completed approximately 400 liters of CBD raw crude extract. The wholesale market value of the extract is approximately $825,000. Upper Street will continue various ventures as it executes its plans to cultivate 360 acres of industrial hemp in Colorado this year, and to extract CBD raw crude and to produce CBD isolates and distillates. Upper Street plans on expanding its cultivation to as many as 2,000 acres for crop year 2020. \"This production is a significant milestone for us, as it shows that we can produce significant amounts of CBD raw crude with various partners, although our business model of vertical integration will ultimately see us extracting large quantities of our own bio-mass,\" said Joseph Earle, Upper Street Marketing President and CEO.Earle adds that, \"Upper Street Marketing will provide cGMP pharmaceutical grade standards with its CBD manufacturing partner, PrimaPharm, Inc. of San Diego, CA., and UPPR will bring these standards to a very fragmented marketplace that frequently lacks FDA focused standards.\"Upper Street Marketing Inc. (OTC: UPPR) is a publicly traded Oklahoma Corporation that specializes in acquisition, finance and management of hemp cultivation, extraction and CBD manufacturing in Colorado and other US States. UPPR is uniquely serving its target markets with cGMP grade cultivation and manufacturing standards. The rapidly expanding hemp, CBD and cannabis markets in the North American and world markets is a perfect opportunity for UPPR and Growing Springs Holdings Corporation.UPPR and Growing Springs Holdings Corporation are ideally positioned to capitalize on recent regulatory changes that dramatically enhance opportunities in hemp production and CBD extraction as well as FDA concerns regarding use of CBD's in the marketplace.Growing Springs Holdings Corporation website is www.growingspringsholdings.com.Cautionary Language Concerning Forward-Looking StatementsStatements in this press release may be \"forward-looking statements\" within the meaning of the Pri...