When looking at the cannabis market, seeing the full evolution of the space is breathtaking. From traditional flower for smoking to new forms of edibles and extracts, the cannabis market seems to be a never-ending supply of creative, unique new products. Today we’re going to investigate 3 very different cannabis companies and their exceptionally unique products.
Each of these companies has seen the true value of marijuana and have chosen to evolve the plant and provide consumers with new, innovative uses of cannabis.
Aurora Cannabis, Inc. – (Nasdaq: ACB) (TSX: ACB)
While growing support continues to allow for recreational cannabis in many states, one of the first reasons cannabis gained support was the medical uses of the plant. Medical cannabis has been shown to provide effectiveness in a myriad of conditions ranging from pain management, cancers, mental health, and more.
The tricky part of medical cannabis is discovering the proper strains and methods for specific conditions. Enter Aurora Cannabis, Inc., that’s what makes Aurora so unique. Their wide assortment of strains has been cultivated to better support the varying conditions and afflictions cannabis users have.
Companies like Aurora, approach cannabis on a plant-by-plant basis. Specific strains designed for specific reactions and purposes.
BYND Cannasoft, Inc. – (Nasdaq: BCAN) (CSE: BYND)
The evolution of cannabis has been fascinating to watch over the past decade. From a smokeable plant marijuana has grown into a much larger business filled with edibles, topicals, and a lot more. BYND Cannasoft has taken this to the next level with their EZ-G device.
The EZ-G is designed to provide women with reproductive health treatment using distillate oils derived from the cannabis plant. Internally, these CBD-Extracts help with things like pain management, stress, anxiety, and a lot more.
This revolutionary device allows treatment at the source of the problems, allowing a more efficient application method.
OrganiGram Holdings Inc – (NASDAQ: OGI)
Did you know ~95% of the cannabis plant is wasted in the production process? Approximately 5% of the plant is used in most forms of manufacturing. It makes sense at first that you want to target the components of the plant that cause the most effect.
Companies like OrganiGram Holdings Inc. take a different approach. Using processes like Biosynthesis, OrganiGram is able to utilize the remaining 95% of the plant. By using yeast strains and enzymes, they can produce major cannabinoids, such as tetrahydrocannabinol (THC) and cannabidiol (CBD) from this waste. That in turn, produces the cannabis products at fractions of the cost.
As you can see, cannabis is a booming business and it’s certainly not slowing down anytime soon. With new, exciting products and technologies out every day. Keep an eye on the cannabis markets over the coming years, we’re excited for what they come out with next!
