https://www.venturenashville.com/venture-notes—january-25-2021-cms-2061 Venture Notes – January 25, 2021 | by Milt Capps Tony Notargiacomo, a serial innovator and entrepreneur previously known for his hospitality and motion-picture plays (the latter including Dallas Buyers Club), …
Research, Vision, and Opportunity
XYZ CBD Group, Inc., is a Kentucky-based company dedicated to transforming lives through the cultivation and production of cannabidiol, or CBD, an organic component proven to have far-reaching physiological benefits for both humans and animals. XYZ CBD will be a leading supplier of CBD in a $22 billion market space that is acutely underserved.
Working closely with the Kentucky Department of Agriculture, we are developing hemp farming operations that will provide the raw botanical material needed to produce purified CBD.
This includes training Kentucky farmers to transition to commercial cultivation of hemp. We are also in Phase I of building an extraction and processing plant with the objective of becoming one of the world’s major producers of purified CBD.
& State of the Art
Using some of the industry’s most stringent processes and procedures, our facility will adhere to quality control standards comparable to those in the pharmaceutical industry.
Purified CBD does not contain any psychoactive THC. The bi-partisan Hemp Farming Act of 2018 is federal legislation that aims to legalize hemp as an agricultural commodity and remove it from the list of controlled substances. The ongoing research demonstrating CBD Isolate’s numerous health benefits (therapeutic, antioxidant and neuroprotective properties, to name a few), has sent demand soaring. Current production capacity is inadequate. Our singular focus is to work with the world’s leading producers of consumer pharmaceuticals, cosmeceuticals, nutraceuticals, wellness, beauty and pet products and become the No. 1 U.S.-based supplier, with a peerless reputation for quality, integrity and safety.