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Tag Archives: Hydroponics

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GrowLife, Inc. Adds Los Angeles Retail and West Coast Fulfillment Center to Expanding North American Footprint

GrowLife, Inc. Adds Los Angeles Retail and West Coast Fulfillment Center to Expanding North American Footprint
The store and fulfillment center, located at 15721 Ventura Blvd, Encino, CA 91436, has a long-standing hydroponics customer base as it was acquired through an asset purchase of intellectual property rights and lease transfer from GoGreen Hydroponics. The store has been in operation since 2009 and is ideally located right off the I-405 freeway, enabling the company to reach new retail customers in that emerging legal cannabis market.
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Sugarmade Launches Industrial Hemp and CBD Initiative

Sugarmade Launches Industrial Hemp and CBD Initiative
According the Hemp Business Journal, the U.S. Hemp industry produced at least $820 million in revenues during 2017, with growth to over $1 billion for 2018, and an expected 14% compound annual growth rate through 2022.  Much of the recent growth has come from the demand for hemp-derived CBD for use in health and wellness products.  The strain of industrial hemp being grown by Hempistry is ultra-rich in CDB, but contains less than 0.3% of THC, the psychoactive ingredient found in marijuana.  Hempistry has already begun planting and thus far has 100 acres of this high CDB strain under cultivation.  In total, Hempistry has optioned 23,000 acres.
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