Profile Solutions, Inc., through its subsidiary Elite Products International, Inc. is a leading distributor and manufacturer in the cannabinoid (CBD) industry. The Company’s products contain cutting-edge CBD Hemp extracts in the form of edibles, creams, oils, and salves.
Profile is entering the emerging Cannabis, Cannabinoid and Hemp market to distribute and manufacture cutting-edge Cannabis, Cannabinoid and Hemp extracts in the form of edibles, creams, oils, and salves for humans and pets.
Visit EliteHempProducts.com to learn more.
Profiles initial focus shall be Cannabinoid (“CBD”)
The content for this section will be: CBD is the part of the cannabis plant that doesn’t get you “high” like the THC side of the plant. CBD products are either derived from industrial hemp plants or marijuana plants. The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources, a 700% increase from 2016. In 2015, the market for consumer sales of hemp-derived CBD products was $90 million, plus another $112 million in marijuana-derived CBD products which were sold through dispensaries bringing a total CBD market to $202 million last year. Currently there are 29 states plus DC that have legalized medical marijuana including 8 states which have legalized recreational marijuana.
We intend to aggressively expand our operations by providing quality hemp-based products at affordable prices to satisfy the demand and requirements of our current and future clients