Stem Holdings, Inc. Receives License to Cultivate Hemp on 14-Acre Farm Outside of Portland, Oregon
January 25, 2019 at 02:00 pm
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Stem Holdings, Inc. has received approval to cultivate hemp on a 14-acre farm outside of Portland, Oregon. This hemp cultivation license comes just a month after the Agriculture Improvement Act of 2018 (commonly known as the 2018 U.S. Farm Bill) was signed by President Trump effectuating hemp being removed from the Federal Controlled Substance Act (CSA). Stem will cultivate hemp using a specific and proprietary CBD plant made popular by Oregon’s historic cannabis company and Stem affiliate, TJ’s Gardens. Acknowledged as the Pacific Northwest’s premier cannabis cultivator, TJ’s Gardens is recognized for their incredible CBD-rich flower strain that has provided important wellness benefits to many patients forming part of the Forrest Initiative for nearly a decade now. Stem also received approval to manufacture hemp in Oregon. Therefore, in addition to cultivating high-CBD hemp flower, customers looking to purchase hemp products will also have access to the Dose-ology brand, which will produce full spectrum, CBD-rich tinctures and vaporizers. Stem will also be releasing a variety of edibles, including gummies, caramels, and chocolates, to the hemp CBD market in 2019.
Stem Holdings, Inc. is a vertically integrated cannabis branded products and technology company. It is engaged in the cultivation, processing, extraction, retail, distribution, and delivery-as-a-service (DaaS) operations throughout the United States. The Company purchases, leases, operates, and invests in properties for use in the production, distribution and sales of cannabis and cannabis-infused products licensed in the states of Oregon, Nevada, and California. It has ownership interests in over 23 state issued cannabis licenses including nine licenses for cannabis cultivation, three licenses for cannabis processing, two licenses for cannabis wholesale distribution, three licenses for hemp production and cannabis dispensary licenses. Its wholly owned subsidiaries include Stem Holdings Oregon, Inc., Stem Holdings IP, Inc., Opco, LLC, Stem Agri, Inc., Stem Holdings Oregon Acquisitions 1, Corp., Stem Holdings Oregon Acquisitions 2, Corp., and Stem Holdings Oregon Acquisitions 3, Corp.
STEM HOLDINGS, INC. 
