3 Exciting Upcoming Hemp Stock IPOs

The global hemp industry is beginning to heat up and there are plenty of exciting new investment opportunities in the space. The Global Industrial Hemp Market accounted for $3.43 billion in 2018 and is expected to reach $41.78 billion by 2027. Analysts at The Brightfield Group estimate the total hemp-derived CBD market will reach nearly $17 billion by 2025. Many investors are excited to invest in the hemp industry but they’re unsure where to begin so we’ve compiled a shortlist of 3 exciting hemp stock IPOs.

#1 Innovate Phytotechnologies

Founded in 2017, Innovate Phytotechnologies provides innovative end-to-end solutions for the food, drug, natural health products, and emerging cannabis & hemp sectors. Through its subsidiaries, Phytotechnologies offers seed-to-sale solutions and services including compliance and third-party testing, clinical trials, micropropagation, assistance with licensed cannabis producer applications, and more. These services meet an urgent and growing need in the cannabis & hemp industry for product differentiation: to certify unique products, develop exclusivity, and craft scientifically established IP.

We believe this is an exciting hemp stock IPO that should be followed by hemp stock investors. View Innovate Phytotechnologies SEDAR filing here.

#2 Hemptown Organics

Farming in Oregon since 2017, Hemptown Organics is a leading cultivator of feminized hemp. They’re led by an impressive management team of former executives from Kelloggs and Intel. They’re also one of the largest producers in the world of the “mother of all cannabinoids” CBG. Hemptown has diversified revenue streams across the value chain and they’re well-funded, having raised $24M in 2019 alone.

We’ve been following Hemptown Organics for a couple of years now. They are certainly well-positioned as one of the most exciting upcoming hemp stock IPOs with their CBG production capabilities. View Hemptown Organics SEDAR filing here.

#3 HempFusion Wellness

HempFusion Wellness is a premium wellness company, featuring CBD-based products, that distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retailers across all 50 US states and internationally. HempFusion Wellness is set to debut on the Toronto Stock Exchange as the first US-based CBD company to do so. Stay tuned for more exciting news about this hemp stock as we believe HempFusion Wellness to be among the most exciting upcoming hemp stock IPOs. View SEDAR filing here.

3 Exciting Upcoming Hemp Stock IPOs

Cannin Investment Group: Your Hemp Stocks Experts

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3 Exciting Upcoming Hemp Stock IPOs