(With biz notes on: Canah, HemPoland, Kannaway)
A Seattle, Washington-based firm says it’s made a deal with the Thai government for exclusive global rights to “market, sell and distribute all hemp originating in Thailand,” and “manage all farming and exports of the nation’s commercial industrial hemp.”
Titan Hemp, which announced the deal in a press release, claims Thailand’s hemp program will grow to over 1 million acres within the next five years. Titan’s CEO is co-founder Tanya Hart, who is also president and founder of Hart Wine Group, which specializes in wine and spirits brand development. The other co-founder, Amy Ansel, who serves Titan as COO, is a former radio talk-show co-host.
Romanian bank backs Canah: State-held Romanian bank EximBank has agreed to back the Romanian hemp seeds producer Canah International with 1 million Romanian Leu (€220,000) in financing, said Dan Lazarescu, Canah’s founder. The financing will be used to diversify the product range of Canah, a hemp seed processor for food and health and beauty products. The company says 80% of its production is exported.
HemPoland product in UK: Polish CBD maker HemPoland says its CannabiGold brand is now being sold in the UK by reseller Quintessential Tips. HemPoland already has a distribution deal in Holland, and is sold in Poland.
Kannaway looks to Europe: U.S.-based (California) Kannaway, a multi-level marketer that sells CBD and CBD-infused health and beauty products looks likely to set up European operations based in Poland, where it’s taken on a representative in Warsaw and is actively pursuing deals with European suppliers. Kannaway calls itself “A professional company in unprofessional space” (?) . . . U.S.-based (Colorado) Elixinol entered the European market back in June.