HempLogic is America's largest vertically-integrated hemp company, announced today the availability of over 20 million high CBD hemp clones, 30 million high CBD seedlings and 200 million high CBD planting seeds for the 2019 growing season.
HempLogic will supply these high CBD clones and seedlings from strategic locations throughout California, Oregon, Colorado, North Carolina and Maine to the exploding commercial hemp farming industry. The HempLogic clone and seedling rollout allows large farmers and financial institutional entities getting into the high CBD industry the opportunity to cut input farming costs by providing cost effective high CBD clones and seedlings. HempLogic estimates that a 120-acre growing operation could save well over $1,000,000 on transplanting costs alone.
With industry estimates of the hemp-CBD market reaching $22 billion by 2022, and large agriculture farms getting into the high CBD game, HempLogic sees an opportunity to be first to market with low per-acre input cost, high quality high CBD clones and seedlings. CEO Cory Sharp stated: "The CBD hemp clone and seedling market in the USA is ready for this type of large supply chain because hemp clones and seedlings take a massive amount of capital to build out greenhouse infrastructure and requires a large knowledge base to be successful doing so. To provide these low cost input numbers and pair them with these types of genetics is a game changer for this industry."
Information provided by HempLogic.