Hemp’s Removal Creates Growth Opportunities For Creso Pharma Limited - What Investors Need To Know

  • Dec 20, 2018 AEDT
  • Team Kalkine
Hemp’s Removal Creates Growth Opportunities For Creso Pharma Limited - What Investors Need To Know

On December 20, 2018, Creso Pharma Limited (ASX: CPH) has made an announcement that its brands can now be introduced in the human as well as animal health markets of the US. The information was given with the help of the press release. As per the announcement made, the company’s brands which have been derived by CBD (or cannabidiol innovation) like cannaDOL®, anibidiol® as well as cannaQIX® can now be made available to the above-mentioned markets. Hemp has been exited in the animal as well as human health markets of the US from CSA (or Controlled Substances Act).

As a result of the company’s CBD brands now being allowed in the US, the company happens to possess a strong market opportunity. cannaQIX® is presently available for sale in the United Kingdom, Switzerland as well as the Netherlands with the help of the pharmacies. However, in the New Zealand area, it is available for sale in the form of medicinal cannabis which is advised by the physicians. anibidiol® is available for sale with the help of the veterinary networks. It is available for sale in the 17 countries. cannaDOL® is very useful for athletes as this could help in reducing the pain.

As per the key executive of US Hemp Roundtable, the hemp has been exited on the permanent basis from CSA. The press release issued by Creso Pharma Limited depicted that the hemp prohibition removal provides the company as well as the CBD branded products with the extraordinary opportunity. After the bill gets signed by the US President Donald Trump, there are expectations that it would soon become the law. We will now see what the management of the company is saying. The top management of Creso Pharma Limited had reflected favourable views about the change with respect to the laws. They also stated that the company has been working towards the activities which are focused on development of the product as well as market entrance.

The company is being handled by the robust team which includes business as well as pharmaceuticals people. The team happens to possess strong knowledge when it comes to commercializing therapeutical as well as nutraceuticals items in the various markets. All these factors jointly provide the company with a competitive advantage.

Let us now have a look at the performance of stock today. On December 20, 2018, Creso Pharma Limited ended the session in green. The stock price of the company stood at A$0.350 per share which implies the CPH has encountered the rise of A$0.010 per share or 2.941%. The market capitalization Creso Pharma Limited stood at $39.43 million and the stock price of the company is trading towards the lower level. Let us now see how the stock has performed in the previous few months. In the time span of the previous six and three months, the stock delivered the return of -52.11% and -37.61%, respectively.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK