Veritas Farms VFRMD Stock News

Veritas Farms Inc (OTCMKTS: VFRM) is likely to see strong value growth ahead after the company took another step to solidify its leadership in the full-spectrum CBD space. Here’s what’s happening:

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VFRM Stock Is Growing Stronger As Leadership Is Solidified

As mentioned above, Veritas Farms made a big move to solidify its leadership in full-spectrum CBD. In a press release issued this morning, the company announced that it has been selected as a member of the U.S. Hemp Roundtable Board of Directors.

The U.S. Hemp Roundable includes dozens of companies that represent every link of the hemp product chain, from seed to sale. VFRM said that the U.S. Hemp Roundable also represents all of the industry’s major national grassroots organizations.

The Routable’s original mission was to secure passage of bi-partisan legislation in the U.S. Congress that established hemp federally as an agricultural commodity and removes it from regulation as a controlled substance. Of course, this mission has already been achieved.

Moving forward, VFRM will assist the U.S. Hemp Roundtable in its new mission, including the following bullet points.

• Focused lobbying efforts in state capitols to fully legalize hemp and popular hemp-derived products like cannabidiol (CBD)
• Facilitating information exchange with law enforcement and federal agency officials
• Continued long-term legislative advocacy on other major policy issues, remaining vigilant against potential attempts of rival industries to halt hemp’s progress
• Coordination with the US Hemp Authority, whose certification program promotes high standards, best practices and self-regulation, providing confidence to consumers that hemp products are safe and to law enforcement that they are legal

In a statement, Derek Thomas, Vice President of Business Development at VFRM, had the following to offer:

We are proud to be joining the U.S. Hemp Roundtable as a member of its Board of Directors. Veritas Farms looks forward to collaborating with other member companies to forward the Hemp Roundtable’s important work. Our continued support of and involvement with visionary organizations like the U.S. Hemp Roundtable will help secure the best possibilities for the future of the American hemp crop and Veritas Farms’ position as an emerging market leader.

This Is A Very Big Deal

Since inception, Veritas Farms has had its eye set on becoming a leader in the full-spectrum CBD market, and it has quickly done just that. As I’ve mentioned in previous articles, the company was the first to announce success in a big-box store strategy, and it’s not stopping there.

Now, with its seat on the Board of Directors at the U.S. Hemp Roundtable, Veritas Farms is further solidifying its role as a thought leader in the hemp and CBD industry.

At the end of the day, when talking about emerging markets, those that make the big moves early on are likely to reap the long-run rewards as cornerstones within their industries. VFRM is well on its way to doing just that!

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CNA Finance, parent company to Alpha Stock News, has a monetary relationship with VFRM.

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