LLC Archives - Green Market Report

Cynthia SalarizadehApril 24, 2019
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3min3140

New Leaf Data Services, LLC (NLDS), the cannabis and hemp industry’s only independent Price Reporting Agency, has officially launched a pricing vertical for hemp called Hemp Benchmarks®.  It is now collecting, assessing and reporting on the wholesale price of biomass, dry flower, clones, seeds, crude hemp oil, refined hemp oil and CBD isolate.

As hemp is considered the future for the cannabis plant as a global commodity, the launch of this platform is a major step in the right direction. This signals to Wall Street that the commodity is ready for prime time trading.

“With the passage of the 2018 Farm Bill last year, the hemp market is poised for massive growth with unprecedented interest from farmers, processors and consumers, fueled in part by the extraordinary demand for CBD-based products. Industry participants will be seeking price transparency to analyze and navigate what we believe will be a dynamic and chaotic market as the projected supply and demand for hemp and hemp derived end-products comes into focus over the next few years.” said Jonathan Rubin, CEO of NLDS. “We are pleased to offer the market another independent reference benchmark to support strategic, operational and investment related decisions.”

These new assessments expand NLDS’ portfolio of benchmarks, which include more than eighty weekly benchmarks covering the wholesale price of cannabis in legal U.S. and Canadian markets through its Cannabis Benchmarks® division.

“We expect volatile hemp and CBD markets until supply and demand reach an equilibrium,” noted Rubin. “Price Reporting Agencies play a critical role in managing risk associated with volatile markets, enabling buyers and sellers to transact with confidence, support fundamental analysis by investors and equity analysts, and provide definitive benchmarks for commodity traders.”

 


StaffApril 24, 2019
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3min2170

STAMFORD, Conn., April 24, 2019 /AxisWire/ New Leaf Data Services, LLC (NLDS), the cannabis and hemp industry’s only independent Price Reporting Agency, has announced that Hemp Benchmarks® is now collecting, assessing and reporting on the wholesale price of biomass, dry flower, clones, seeds, crude hemp oil, refined hemp oil and CBD isolate. For more information, please visit: www.hempbenchmarks.com.

In the months ahead, Hemp Benchmarks® will expand its price assessments to cover additional end markets for hemp fiber and grain and begin to report on international markets as well.

“With the passage of the 2018 Farm Bill last year, the hemp market is poised for massive growth with unprecedented interest from farmers, processors and consumers, fueled in part by the extraordinary demand for CBD-based products. Industry participants will be seeking price transparency to analyze and navigate what we believe will be a dynamic and chaotic market as the projected supply and demand for hemp and hemp derived end-products comes into focus over the next few years.” said Jonathan Rubin, CEO of NLDS. “We are pleased to offer the market another independent reference benchmark to support strategic, operational and investment related decisions.”

These new assessments expand NLDS’ portfolio of benchmarks, which include more than eighty weekly benchmarks covering the wholesale price of cannabis in legal U.S. and Canadian markets through its Cannabis Benchmarks® division.

“We expect volatile hemp and CBD markets until supply and demand reach an equilibrium,” noted Rubin. “Price Reporting Agencies play a critical role in managing risk associated with volatile markets, enabling buyers and sellers to transact with confidence, support fundamental analysis by investors and equity analysts, and provide definitive benchmarks for commodity traders.”

About Hemp Benchmarks®
Hemp Benchmarks® is a division of New Leaf Data Services, LLC. Our mission is to bring price transparency and efficiency to cultivators, processors, distributors, investors, traders and other hemp market participants through validated, standardized wholesale price benchmarks and market intelligence.

Media Contact:
support@newleafdataservices.com
(888) 502-7298


StaffOctober 16, 2018
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4min2300

Retail Cannabis Manufacturer’s Concentrate Oil Named Leading Product Among People’s Choice, Connoisseur Contenders

Denver, Colorado – Oct. 16, 2018 /AxisWire/ Ascend Industries, LLC., a Colorado retail cannabis products manufacturing company, announces triumph at last month’s Denver-based 2018 THC Championship sponsored by HC Magazine. The premium cannabis oil company claimed notoriety within the recreational market in seven award categories, including First Place Best Overall Vape Cartridge.

“Recognized as a trusted resource for all things cannabis, HC Magazine’s THC Championship is a meaningful cannabis awards circuit that levitates category winners as the best of the best,” said Jim Biviano, Founder and Owner of Ascend Industries, LLC. “Contenders in all award categories are serious players, especially within the highly competitive concentrate product segment of the cannabis industry.”

The THC Championship is an annual awards program created by HC Magazine to recognize the leading products and companies within the cannabis community in Colorado. At this year’s 7thannual event, more than 20 categories across flower, concentrates, edibles and CBD were assessed by a host of dedicated cannabis consumer judges. All categories, apart from edibles, were judged blind to remove any potential for brand biases. Category competitors were prohibited from sponsoring the competition.

Ascend Industries, LLC won the following THC Championship categories:

  • First Place Best Overall Vape Cartridge
  • Connoisseur’s Choice Vape Cartridge
  • People’s Choice Vape Cartridge
  • First Place Best Overall CBD Concentrate
  • Connoisseur’s Choice CBD Concentrate
  • People’s Choice CBD Concentrate

The company was also named in the Best Overall award category:

  • Best Overall, Third Place – Durban Poison HTE Cartridge
  • Receiving the third highest overall score across all category entries

“Sweeping the most competitive and fastest growing category in cannabis has us feeling euphoric,” said Biviano. “Ascend set out to develop a vape cartridge as potent as a dab, yet with more single-strain terpene flavor than users have ever tasted before. Our hard work is recognized with this award and by being named the leader in this category.”

Ascend Industries, LLC was established in 2016 as a retail manufacturer of responsibly extracted and craft-distilled cannabis concentrates featuring all-natural, terpene-rich and potent oil profiles. For more information about Ascend’s premium cannabis oil, visithttp://ascendcannabis.co/. The company represents a cannabis health lifestyle movement and untapped market opportunity in Colorado’s $1.3B Recreational cannabis economy.

About Ascend Industries, LLC

Ascend Industries is a Colorado Retail Marijuana Products Manufacturing company, wholesaling Vape cartridges, High Terpene Extracts, High CBD Extracts, and other wholesale cannabinoid products. Our products feature pure, all-natural marijuana concentrate oil for an emerging population seeking a modern cannabis experience. Ascend currently works with dispensaries, third-party marijuana product manufacturers and cultivators. For more information, visit http://ascendcannabis.co/.


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