Phivida: Premium CBD Extracts, Beverages and Wholesale Hemp Oil – Satellite PR News (press release)
New whole plant hemp oil extracts and infusions – made from 100% certified organic hemp, containing natural cannabinoids
LOS ANGELES, CA, UNITED STATES, November 29, 2016 /EINPresswire.com/ — November 29, 2016 (Los Angeles, CA) – With the successful passing of legalization in California, Phivida Inc. has officially launched their premium line of Hemp Oil products into the USA health and wellness marketplace. Phivida products are now available online at phivida.com and coming soon to a national network of retail distribution across the USA.
Phivida Hemp Oil extracts and infusions contain naturally occurring cannabinoids (e.g. Cannabidiol, or CBD) in a range of consumer product formats. Using legally imported Hemp Oil extract, instead of federally illegal cannabis, Phivida offers American families with access to the key cannabinoids found in medicinal cannabis, without the psychoactive side effects of THC and the legal restrictions of a standing federal ban on marijuana.
Phivida launches during a momentous, yet turbulent era in US political history, with the election of a new president and nine states voting for the legalization of cannabis. California, Massachusetts, Maine and Nevada have all legalized recreational cannabis. In addition, Canada‘s cannabis legalization taskforce is expected to announce the new program framework later this month, and a rollout in 2017. Arkansas, Florida, Montana and North Dakota have also voted to legalize medical cannabis for use in debilitating diseases. Advocates say this new government sponsorship of cannabis health encourages increased public access, education and awareness of cannabinoids and puts pressure on Congress, and other federal agencies, to act.
Many are calling this the end of Prohibition in North America, however, none of these newly legalized states change the current US federal ban on cannabis. The reality is that each state is highly regulated and taxed and will be restricted to intrastate distribution through a limited