420 with CNW — Retired NFL Player Unveils Novel CBD Products Derived from Orange Peels

If you thought you had heard it all with regard to CBD, here is a shocker: your next dose of CBD could be extracted from orange peels. Before you think this will be in the distant future, a company started by a former NFL star has launched this orange-peel -derived CBD, and you can buy yourself a bottle online today.

Peels, as the orange-peel CBD firm is called, says that its product will be purer, more consistent, more stable and have absolutely no THC in it. Chris Hetherington, the founder of Peels, explains that these benefits will make Peels’s CBD more accessible since stores that couldn’t sell the regular CBD due to concerns about THC would be able to carry this product. Additionally, individuals such as athletes, operators of heavy machinery and federal workers will also be able to use this product without any risk of failing a drug test.

Peels revealed that its product is identical at a molecular level to CBD extracted from marijuana or hemp. The company leverages its proprietary process, which entails extracting terpenes and various aromatic compounds from orange peels and then combine those substances with olivetol (a natural compound). This mixture is then subjected to intense pressure and heat in the presence of a catalyst in order to produce CBD oil.

The CBD oil produced is said to have superior absorbability as a result of the crystalline structure it has. Hetherington asserts that they label their product as CBD as a result of the similarity at the molecular level.

Peels prides itself in taking part in the circular economy around the citrus industry because the company uses orange peels, which is looked at as waste, to make a highly marketable product. This eco-friendliness is superior to the sustainability credentials of the hemp industry because lots of water and sometimes pesticides go into the cultivation of hemp, not forgetting the huge tracts of land needed for large-scale grows, says Hetherington.

KarpReilly LLC, a private equity firm based in Connecticut, invested $4 million in Peels. This funding gave the company the needed financial muscle to commercialize its product, and that is how this CBD extracted from orange peels was launched.

The CBD industry is expected to be worth $19 billion by the year 2025, especially when the U.S. FDA passes rules regulating CBD as an additive in food and drinks. This regulatory framework is expected to be released next year.

Peels company will start by selling its products directly to consumers through its website and other digital channels. This approach will also enable the company to collect valuable feedback and make decisions based on the data they collect.

It remains to be seen how the consumers of CBD products will react to the products made by Peels, especially in relation to more conventional hemp-extracted CBD products manufactured by established companies, such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER).

NOTE TO INVESTORS: The latest news and updates relating to The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) are available in the company’s newsroom at http://cnw.fm/WTER

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s