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Home 🌿 Cannabis Technology News 🌿 Changemakers: One Startup Revolutionizing the Medical Marijuana Industry 🌿Changemakers: One Startup Revolutionizing the Medical Marijuana Industry
The cannabis industry has grown (pun intended) drastically over the past five years; in 2016 revenue is expected to hit $6.7 billion. By 2021, the weed industry is expected to have nearly 14,000 companies generating $27 billion, according to consumer market research firm IBISWorld.
The time is green for businesses to jump in and take a hit of those profits. A new startup, cannabis health and wellness company hmbldt, plans to do just that.
Based in California, hmbldt has created a cutting-edge vape pen that delivers a specific dose and formula of the chemicals compounds found in marijuana tailored to suit the individual needs of the user.
“We use devices to deliver those compounds in an effective and consistent dose” explains Matt Seashols, president and co-founder of hmbldt.
Targeting four specific medial needs; bliss, sleep, calm and relief, hmbldt’s goal is to limit the guess work of medical marijuana, allowing...
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