Signature Products GmbH will start supplying Chinese-made CCELL vape devices to Europe. Analysts anticipate the German CBD market at €1 billion yearly, while legal marijuana sales might reach €2-4 billion by 2025. LeverageSignature, which creates cannabis distillates and isolates from hemp, is diversifying amid a worldwide CBD sector crisis. The Pforzheim, Germany-based company also sells hemp seeds and protein and is producing hemp “meat.”“Thanks to vape products, we can cover more of the hemp market and are better positioned for the future,” Pichlmaier added. Baden-Württemberg gave Signature Products €800,000 last year to build a regional hemp protein value chain alongside Hohenheim University.

Source: News 24 October 03, 2022 06:58 UTC