Houston, TX – RVHarvest LLC, an investment vehicle to fund the farming of specialized hemp for the cannabinoid-rich industrial hemp oil market, announced they are opening a funding round for the 2019 Hemp CBD season at https://www.fundable.com/rvharvest
“In 2016 the consumer hemp CBD market was $130MM, and is expected to reach $736MM by 2020, which is a 54% CAGR. Since the cultivation of Hemp is legal under Section 7606 of the Agricultural Act of 2014, the Hemp CBD market has the potential to capture the additional marijuana-derived CBD market, which has a projected 2020 market size of $417MM. By focusing on the legal hemp market, RVHarvest will eliminate much of the risk and regulatory issues associated with the risky cannabis market,” said Timothy Ronstadt, CEO of RVHarvest.
RVHarvest is offering 45% equity share of the company for $1.7MM. Of the launch Ronstadt said “By lowering the minimum investment to $1,000 per unit with no maximum limit, we are opening the door for smaller investors to gain access to the exploding CBD market that they have previously been unable to invest in.”
You can find out more from their website www.rvharvest.com