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Hemp Depot Achieves 10,000% Growth and Forecasts Top CBD Market Opportunities

Seed Genetics, White Label Distribution, and Vertical Integration Strategies Credited for the Hemp CBD Company’s Significant Growth

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Hemp Depot maintains the largest hemp CBD seed inventory in the U.S. Co-Founders Luke Pickering and Andy Rodosevich pictured with $16.5 Million in CBD seeds. (Photo: Business Wire)

Hemp Depot maintains the largest hemp CBD seed inventory in the U.S. Co-Founders Luke Pickering and Andy Rodosevich pictured with $16.5 Million in CBD seeds. (Photo: Business Wire)

DENVER–( BUSINESS WIRE )–Hemp Depot, one of the largest providers of premium-quality hemp CBD oil products in the United States, has measured 9,621% growth from 2016 to 2018 per the Denver Business Journal and been named the area’s fastest-growing business.

Hemp Depot credits serving more than 2,400 wholesale customers with the highest quality CBD at the best value price in the market as the primary catalyst for its dramatic growth.

“Hemp Depot projects an 18 to 24-month lead ahead of fellow CBD manufacturers due to our infrastructure, certifications, seed genetics, and 100% vertically integrated business that enables the company to meet nearly any wholesale customer need much more quickly than our competition,” explains Andy Rodosevich, CEO and co-founder of Hemp Depot.

“CBD distribution is forecast to follow the same path as products in the vitamin and supplement industry. Anywhere that you see vitamin C, you should expect to have an array of CBD product choices,” Rodosevich continues.

“CBD products will be in national grocery stores, gas stations, and supplement stores, and we will soon begin to see CBD make a big play in the cosmetics industry, opening the door to CBD products proliferating anywhere cosmetics or skincare products are now sold.”

The power of Hemp Depot’s seed genetics combined with managing every step of the CBD production process under a single roof enables them to produce some of the highest quality CBD products in the U.S. at the most competitive price, with 7,400 white-labeled products on retail, drugstore, medical office, and luxury retailer shelves nationwide.

“Wholesale order numbers are climbing dramatically, which is one of the first signs of significant market expansion,” Rodosevich explains. “When Hemp Depot started, we were taking orders for 500 units at a time. Average large company white-label CBD orders are projected to reach in excess 100,000 units in the next 18 months. That CBD market increase is going to allow wholesalers like Hemp Depot to manufacture products on a larger scale, thereby reducing CBD product prices by the end of 2020 to be closer to standard vitamin supplements.”

The Denver Business Journal measured the fastest-growing Denver metro area business in five size categories from extra-small to extra-large. Hemp Depot won the top spot in the small class, with a growth percentage more than 9,000% higher than the next-highest recognized winner in any category at this year’s ceremony.

Hemp Depot Measures Record 9,261% Growth and Forecasts Top CBD Market Opportunities

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In brief

At Hemp Depot, Pure Starts Here™. Hemp Depot is one of the largest providers of the highest-quality hemp CBD oil products, seed, and clones in the U.S., proven with third-party testing. Because of Hemp Depot’s commitment to purity and strength, our consumer and wholesale customers receive the best full-spectrum and 100% THC-free CBD products on the market, all grown, formulated and processed entirely in our facilities in Colorado.

Hemp Depot is one of the nation’s largest and most trusted hemp brands specializing in seed genetics, planting, harvesting, formulating, wholesaling, and retailing cannabis for CBD under a variety of best-selling labels as well as white labels for humans and pets. With a commitment to safety and purity guaranteed through third-party testing, Hemp Depot offers a complete range of full-spectrum and 100% THC-free products at the best value. Passionate about clean, sustainable agriculture, water conservation and growing non-GMO, all-natural crops, Hemp Depot seeds generate the highest-value yield per acre and the highest-value for CBD per plant, while also maintaining the highest hemp seed inventory in the U.S.

Hemp Depot grows custom, proprietary strains from which all of its products are derived and handcrafted in Colorado to the most exacting standards. Because it is owned and operated without investor influence, Hemp Depot is able to ensure the purest and safest Hemp CBD product on the planet, free of pesticides, phthalates, parabens, additives, and preservatives.

Hemp Depot You will receive alerts when there are new announcements on Hemp Depot Only registered members can use this feature. In brief At Hemp Depot, Pure Starts Here™. Hemp Depot is