Farms.com Home   Ag Industry News

Stevia Corp will produce synthetic cannabidiol

Cannabidiol comes from the cannabis sativa plant

By Diego Flammini, Farms.com

Stevia Corp out of Indianapolis, Indiana announced their Hong Kong operation, Stevia Technew, will develop synthetic cannabidiol (CBD) at less than half the cost it takes to extract it from the cannabis sativa plant traditionally.

CBD is one of about 85 cannabinoids (chemical combinations found in hemp and marijuana) and scientific research shows its usage is widespread and can help with PTSD, chronic pain, schizophrenia, and Parkinson’s, among others.

It was the most effective treatment for Charlotte Figi, a young girl with Dravet Syndrome, a rare and severe form of epilepsy, in a documentary entitled “WEED” that included CNN’s Dr. Sanjay Gupta.

Current prices for CBD range from $40,000 to more than $100,000 per kilogram.

Extracting the oil from the plant traditionally can be a complicated process. Stevia Corp say they can create the same purity of oil for half the cost- if not less.

Whenever there’s research involving the cannabis plant, there’s the possibility of legal infractions because American federal law prohibits the growth of marijuana and industrial hemp growth but Stevia Technew say their processes to create the synthetic CBD have no illegalities.

Stevia Corp have already began trying to further their reach with this new research.

"Perhaps even more impactful for the creation of shareholder value, Stevia Corp is also focused on several patentable applications for CBD and has engaged a patent attorney with the intent to file several provisional patents in the coming months with more updates planned for January 2015,” Stevia Corp. President George Blankenbaker said.


Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!