Canadian hemp company inks California distribution deal

A Canadian hemp company clinched a California distribution deal that will see its CBD-infused foods and waters on shelves in 550 dispensaries.

Phivida Holdings of Vancouver, British Columbia, said it struck the agreement Wednesday with Green Reef Distribution, a company in Santa Monica, California, that distributes cannabis products.

The Green Reef deal gives Phivida its first CBD presence in the U.S. market. Terms of the deal were not disclosed.

Phivida adds hemp-derived CBD to foods, juices and tinctures. The company’s stock is traded on the Canadian Securities Exchange under the ticker symbol VIDA.

California is the world’s largest cannabis market, but the state does not yet allow hemp production.

A California hemp law passed in 2016 allowed interested farmers to grow hemp under limited conditions.

But two years later the program is yet to be implemented. The result is that many CBD products for sale in California are imported from out of state.

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3 comments on “Canadian hemp company inks California distribution deal
  1. Ronald Chamberlain on

    I will reiterate, the best way yo stop the feds is to file a class action challenge to the federal anti-marijuana law of up to 18 million victims of Nixon’s lies about marijuana. You need ith legal standing to file the suit, I have that standing I am a POW of Nixon’s drug war for a total of 95 months. By filing the suit we can stop ANY FEDERAL ENFORCEMENT of the law until SCOTUS makes a decision. The suit will demand that the marijuana law be overturned because the evidence against marijuana was a lie told by RICHARD NIXON TO PUNISH HIS POITICAL OPONENTS ANDSUPRESSHEIR RIGHTS TO VOTE. aLL RECORDS state and federal will be expunged and all victims of the anti-marijuana laws be compensated under the terms of the fifth amendment for false imprisonment. THERE IS NO WAY WE COULD LOOSE. ANY MARIJUANA LAWYERS OUT THERE WITH SOME BALLS WANT TO DO THIS CALL ME RON AT 602 373 1847

    Reply
    • Shane on

      I was just saying this same things a few days ago Ron but I say add in a couple more names like Hersh, DuPont and Rockefeller as there propaganda was unfounded and undermined the health of the people as well.as the environment

      Reply
  2. johnny on

    For sure . Talk about a dictatorship in other countries, the good old U.S. of A should look in the mirror. Politicians should NOT be allowed to push through their personal agendas. Come now people why is this happening here in the Land of the FREE. I guess they will bullshit until the pile just falls down.. and then they aren’t around to answer for themselves.
    The old saying has always been proven to be right ” How can you tell when a politician is lying ? When they open their mouths ” This has to STOP.

    Reply

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