New York41°

New York41°

Denver21°
March 1, 2021 ADVERTISE

Kentucky Archives - Hemp Market Report

Tee CorleyTee CorleyAugust 18, 2020
Cornbread.jpg

6min00

Company: Cornbread Hemp

Products:

What Makes This Brand Unique: Cornbread Hemp was born and raised in the Bluegrass State, and damned if they ain’t proud of it! Founded on the belief that Kentucky has the best environmental conditions for growing robust hemp, the brand traces its heritage back to the first hemp farm planted in Kentucky in 1775.

Claiming that the strength and quality of their USDA organic hemp is thanks to the rich nutrients found in the waters of the state, Cornbread Hemp doesn’t let Mother Nature do all their work for them. Working together with Kentucky’s natural gifts, Cornbread Hemp does everything in their power, from farming to manufacturing, to ensure the highest quality hemp products.

Cornbread Hemp products are USDA certified organic. Each batch of hemp extract is lab tested by a third party. The company is also well on its way to becoming a B-Corp by working with USDA certified organic farms that have been negatively impacted by the War on Drugs over the past 200 years.

Let’s see how those waving fields of hemp perform in Cornbread Hemp’s most popular tinctures.

Cornbread Mini Whole Plant CBD Oil (25mg/ml) Review

It’s not often you find such a powerful whole plant CBD oil in such a tiny bottle. Perfect for first-timers and those who need their CBD on-the-go, this cute 15ml amber bottle has everything you’d expect from a full quantity.

What do they mean by “whole-plant” CBD? A full-spectrum hemp extract, whole plant CBD oil uses all parts of the flower to ensure you get the maximum entourage effect. Still, an impressive 50% CBD, the other 50% is packed full of terpenes, flavonoids, a micro-dose of THC, and many other cannabinoids.

We found the whole plant flavor to be ruggedly delicious. However, folks who wrinkle their noses at hempy flavors should check out Cornbread’s Distilled CBD Oil instead (reviewed below). Whole plant extract is as robust as the name suggests. In fact, be sure to shake your bottle before opening to avoid a dropperful of visibly swirling plant matter.

As for the effect? All we can say is, “Hot diggity!” These Kentucky natives weren’t lying about the quality of their product. We noticed an almost immediate drop in stress and anxiety – so much so that we’d recommend taking this hemp extract at night for a sound, uninterrupted sleep.

Cornbread Mini Distilled CBD Oil (25mg/ml) Review

Don’t be thrown off by the word “distilled.” Unlike CBD isolate, this distilled CBD oil contains a full spectrum of cannabinoids. So what’s the difference between this product and Cornbread’s whole plant extract?

Taste. If you’re put off by the earthy notes of hemp, you absolutely must try Cornbread’s Distilled CBD Oil. This tincture contains an incredible 75% pure CBD extract mixed into 25% medium-chain triglyceride coconut oil.

The difference is also visible. As opposed to the dark olive color of most full spectrum CBD tinctures, this distilled CBD oil is almost clear. Free from plant particles or debris, the oil feels like it disappears under the tongue. With an extremely mild coconut finish, this tincture has an impressively subtle sweetness.

We found that this product didn’t make us nearly as sleepy as the Whole Plant CBD OIl. We recommend it for day time pain and anxiety relief.

The Takeaway

From the moment we opened the soft matte packages with their modern black, green, and orange design, we knew we were onto a company that cares. You can feel the effort they put into their product via the packaging, taste and underdog story as Kentuckians on the lam.

We highly recommend these products to first-timers and old-timers alike.


StaffStaffJune 23, 2020
hemp-farmer.jpg

3min00

Hemp oil producer Entoura, whose legal name is AVF CBD, LLC is buying Kentucky-based Atalo Holdings, an agriculture, and biotechnology firm specializing in research, development, and production of industrial hemp. The value of the deal was not disclosed.

“Entoura is committed to sustainable and trustworthy products that leverage the benefits of the renowned hemp plant. Bringing Atalo onboard, with its rich history of innovation in hemp, brings us closer to achieving that goal,” said Kevin Murray, Founder and Chief Executive Officer of Entoura. “Atalo’s incredible legacy in hemp cultivation, innovation and advocacy is truly inspirational, and we look forward to continuing that story.”

Entoura is a vertically integrated, high-quality USDA certified organic and cGMP-certified hemp oil producer. The company was started after its founder discovered the potential for CBD and the hemp plant in assisting with his son’s autism symptoms. The team has grown to 15+ members, comprising decades of combined genetic, agronomic, processing & financial experience. The company said that team members include the Former National Cultivation Manager for Canopy Growth, an Agronomist with 38 years experience (24 years in crop production), and the Former Director of Cultivation for Kiona THC and horticulturist from Acreage Holdings.

Atalo is located in the heart of Kentucky’s hemp region and boasts a rich history in hemp cultivation and genetics, dating back to the 1800s. The company’s ability to produce farmer-focused food-grade hemp products further augments Entoura’s robust supply chain. Entoura said it plans to leverage Atalo’s existing brands and product scope to enhance its product suite and to offer private label services, including industrial hemp genetics, flower, and hemp oil extraction. Entoura plans to combine its advanced genetics and distillation capability with Atalo’s hemp seed oil for integrated and differentiated product development.

Entoura has the following processing capabilities:
• 40,000 sqft of facility space with an additional 30,000 by 2021
• 15,000 lbs of biomass/day with addition 10,000 by 2021
• CO2 Cryo Ethanol Extraction
Farming Capacity:
>1000 Acres Organic Capacity
>50,000 Acres Total Capacity

 

 


StaffStaffApril 21, 2020
cornbread-scaled.jpeg

4min00

Despite a crowded CBD landscape, Kentucky-based Cornbread Hemp has raised its goal of $107,000 in 17 days from 177 investors on the crowdfunding platform Wefunder. Cornbread Hemp said it is taking 250 years of Kentucky hemp farming traditions and crafted it into top-shelf CBD products. By selling a small percentage of their company, Cornbread Hemp will be able to expand its portfolio of Kentucky Proud, USDA certified organic CBD products to customers and retailers nationwide.

“While we have been flattered by the outpouring of support from our friends, family, customers, business associates, and total strangers, we think we know why they’re investing in us,” said Jim Higdon, Cornbread Hemp’s co-founder and chief communications officer. “Our investors seem to understand that Cornbread Hemp has the traction and vision to succeed in the CBD industry for the long term.”

The name “Cornbread” comes from the Cornbread Mafia, an outlaw group that kept Kentucky’s hemp traditions alive through decades of prohibition. Kentucky-grown hemp is now beginning to receive the nationwide respect it deserves, even in fully legal cannabis states. “That’s why we have investors and customers from places like Colorado, California, Oregon, Washington State, and Hawaii,” said Higdon.

Cornbread Hemp’s new investors include Dr. Leslie Mudd, PharmD, a board-certified oncology pharmacist; Gill Holland, a Louisville developer recently featured in the New York Times; and Render Capital. The other 174 investors come from 36 states and five continents. “Cornbread Hemp is a well run, well managed, and well thought out local business,” Dr. Mudd said on Wefunder. “Cornbread Hemp parlays a great ‘historical’ story … into a Kentucky-grown product with unlimited possibilities.”

Cornbread also noted that part of its fundraising success came with the support of Louisville’s entrepreneur community from Mayor Greg Fischer, LEAP Louisville, MetroStart, Louisville Future, and a $20,000 matching investment from Render Capital, through their partnership with Wefunder. “Capital is an essential ingredient in a thriving regional ecosystem and new methods of supporting growth are necessary,” said Marigrace Ragsdale, an associate at Render Capital. “We are excited to help support Cornbread Hemp’s use of this accessible platform that allows the community to participate while allowing flexible funding structures for the entrepreneur.”

It may also help that the company’s products are organic and this is becoming more and more important to consumers in these days of virus pandemics. Cornbread Hemp offers CBD oils that are USDA certified organic. Its organic hemp is planted in soil that has been pesticide-free for at least three years and grown without synthetic fertilizers. “After harvest, our processor extracts the organic hemp using organic sugarcane ethanol and blends it with organic coconut MCT oil in a certified organic facility to make Cornbread Hemp’s finished organic products. To ensure compliance with the high standards of the USDA National Organic Program, a third-party certifier audits the entire supply chain of every ingredient to verify they are free from any contamination and worthy of the USDA organic seal.”

 


StaffStaffFebruary 12, 2020
shutterstock_1018623748-scaled.jpg

3min00

GenCanna Global USA, Inc. filed a petition for voluntary Chapter 11 reorganization with the U.S. Bankruptcy Court in the Eastern District of Kentucky. The filing will allow GenCanna to continue to operate its business without interruption to customers, vendors, partners, and employees while working through a reorganization plan that could include the refinancing of the company’s existing indebtedness, or an alternative restructuring transaction such as a sale.

GenCanna has obtained approximately $10 million in post-petition debtor-in-possession (DIP) financing from its senior lender, which, subject to Court approval, will provide the company with liquidity to maintain its operations in the ordinary course of business during the Chapter 11 process.

CEO Matty Mangone-Miranda said, “We are taking this action in order to position our business for success in a highly dynamic and rapidly evolving industry. While this is certainly not the outcome we desired, the bankruptcy process gives us the ability to move forward in a way that allows us to best continue operations and serve customers as we work through our reorganization, resolve an outstanding legal dispute involving our Western Kentucky facility, navigate an uncertain regulatory environment and adjust our annual operating costs to better match the landscape.

Through this restructuring, we plan to address certain structural issues that we could not fix on our own. We are grateful for the continued support of our existing senior lender, who recognizes the strength of our brand, and we will continue to work tirelessly on behalf of our employees, farmers, and vendor partners.”

GenCanna was founded in 2014, as an inaugural member of the Kentucky Department of Agriculture’s Industrial Hemp Pilot Program, the company is a longstanding industry pioneer. GenCanna is a founding board member of the U.S. Hemp Roundtable. Launched in early 2017, the U.S. Hemp Roundtable is a coalition of over 70 hemp companies – representing every link of the product chain, from seed to sale – and all of the industry’s major national grassroots organizations. The US Hemp Roundtable has secured the passage of bi-partisan legislation in the U.S. Congress that established hemp federally as an agricultural commodity, permanently removing it from regulation as a controlled substance.

 



About Us

The Hemp Market Report will target news from the fast growing worlds of cannabidiol (CBD) and hemp. As a sister site to the Green Market Report, HMR will cover financial stories, but also take a look at lifestyle news as well. The Hemp Market Report will also publish sponsored content as we seek to expand our content offerings.


READ MORE



Recent Tweets

@GreenMarketRpt – 3 days

Looking for the week’s news in ? look no further. Just watch this video .

@GreenMarketRpt – 3 days

Happy Friday, here’s the week’s news all wrapped up in one tidy video. #cannabis…

@GreenMarketRpt – 4 days

In case you missed our event yesterday, here’s a recording of The State of Cannabis Banking 2021. Lots of talk abou…

Back to Top

You have Successfully Subscribed!