LAS VEGAS, NV – CannaVest Corp (CANV), a leading manufacturer and distributor of hemp-derived cannabidiol (CBD) products, today announced an expansion effort that will build global brand presence, expand commercial relationships and increase bulk hemp oil offerings with the launch of its newest division, CannaVest Europe™.
CannaVest Europe made its unofficial introduction with its exhibit at the European Industrial Hemp Association’s International Conference in Wesseling, Germany in May 2015. At this event, over 260 industrial hemp experts from 38 countries gathered to unveil the latest developments concerning hemp and other natural fibers applying to the global marketplace. CannaVest presented, “Agricultural Hemp & CBD: A Growing Industry with a Bright Future” to industry experts to introduce its line of PlusCBD Oil™ branded bulk offerings, while educating on the burgeoning American market of hemp-derived CBD.
According to the European Industrial Hemp Association, European cultivation of hemp has reached record levels in 2015, and is expected to rise as global demand increases. Over the last 3 years, CannaVest has established robust supply relationships with hemp cultivators across Europe to service the growing global demand of hemp-derived products.
Based in Dusseldorf, Germany, CannaVest Europe will serve as the European hub of its US headquartered operations. “We are fortunate to lead the way in mainstreaming hemp-derived CBD products in the United States and are confident that our efforts to meet global market demand will prove successful as we expand into Europe,” stated Michael Mona, president and chief executive officer of CannaVest. “CannaVest Europe will nurture our existing relationships with hemp cultivators who are dedicated to sustainably growing hemp for the worldwide market. We are proud to offer the highest quality hemp-derived CBD oil available for manufacturers interested in entering this burgeoning industry.”