LAS VEGAS, Oct. 30, 2014 /CNW/ -- CannaVEST Corp.
(OTC:CANV), a leading manufacturer and distributor of hemp and
cannabidiol (CBD) based products, announces that it has
broadened its customer base due in part to efficiencies in its
supply chain and processing capabilities. As CannaVEST's
processes and protocols have become more refined and efficient, and
its supply chain more robust, CannaVEST has been able to pass
savings on to its customers in the form of lower prices for its
award winning CBD oil. This has resulted in an increase in
CannaVEST's customer base, allowing the company to make its
products available to a wider array of businesses and consumers.
"Over the last year, we have further established our supply
chain relationships in Europe and
have committed to additional inventory and processing capability.
We have been able to pass on these economies of scale to our
customers, which has resulted in a broader, more diverse customer
base," said CannaVEST Corp. President and Chief Executive Officer,
Michael Mona, Jr. Mr. Mona
added, "[w]e continue to refine our processing capabilities, and
have optimized our quality control and quality assurance protocols,
which has led to a more streamlined, efficient and economical
process for refining our award-winning CBD products and
compounds."
CannaVEST is in active discussions with various enterprises to
partner in providing its consumer-grade PlusCBD™ to existing and
new, innovative consumer products.
About CannaVest Corp.
CannaVest Corp. (OTCBB:CANV), located in Las Vegas, Nevada, focuses on the procurement
and wholesale of the hemp plant extract cannabidiol (CBD), and the
development, marketing and sale of end consumer products containing
CBD, which is refined into its own PlusCBD Oil™ brand. CannaVest
resells raw industrial hemp product to third parties, acquired
through supply relationships in Europe. Additional information is available
from OTCMarkets.com or by visiting www.CannaVest.com.
CannaVest Corp.'s subsidiaries include: US Hemp Oil
(www.USHempOil.com) that provides seed procurement, cultivation,
processing, and production consultation, and equipment to support
U.S. farmers, researchers and businesses to cultivate and process
industrial hemp in the US; and CannaVest Laboratories
(www.CannaVestLabs.com), that facilitates cutting edge research and
develops nutraceutical and food products, containing cannabidiol
(CBD) oil, and is the developer and manufacturer of CannaVest's own
award winning CBD Simple™.
FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking
statements and information, as defined within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, and is
subject to the Safe Harbor created by those sections. This material
contains statements about expected future events and/or financial
results that are forward-looking in nature and subject to risks and
uncertainties. Such forward-looking statements by definition
involve risks, uncertainties and other factors, which may cause the
actual results, performance or achievements of CannaVest Corp. to
be materially different from the statements made herein.
LEGAL DISCLOSURE
CannaVest Corp. does not sell or distribute any products that
are in violation of the United States Controlled Substances Act
(US.CSA). The company does grow, sell and distribute hemp-based
products and are involved with the federally legal distribution of
medical marijuana-based products within certain international
markets.
Corporate Contact:
CannaVest Corp.
2688 S. Rainbow Blvd., Ste. B
Las Vegas, NV 89146
Office: 866-290-2157
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SOURCE CannaVEST Corp.