In 2017, we launched a new division to distribute Cannabidiol (CBD) crystal in the U.S. and CBD-based products to Chinese speaking population. The launch of Green Products Distribution and the associated online store is a key part of the expansion plans underway. Our primary goal with this launch is to retail CBD-based products in Chinese-speaking communities, which collectively represent a potential global market of over 2 billion people.
CBD is an abbreviation for Cannabidiol, a naturally-occurring cannabinoid component found in cannabis that comprises up to 40% of the plant. Cannabidiol is “a cannabinoid devoid of psychoactive effect.” After THC (Δ9-tetrahydrocannabinol), CBD is by-far the most studied natural cannabinoid. CBD has been shown to have positive health benefits, but does not cause any psychoactive effects.