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50 Fastest Growing Companies of the Year 2020

One of the fastest growing hemp retailers in the US: Boston Hempire

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Hemp, hemp flower, and CBD; these products have been popping up everywhere you look. If this is your first time reading about CBD or hemp flower, you might be wondering what the buzz is all about. You also may be curious if the products are beneficial. One of the first steps you should take before purchasing CBD is to do your research about the benefits and quality. Usually, manufacturers, growers, and merchants of CBD products make claims that the goods contain CBD. This is not always true. Containing “hemp extract” is not necessarily the same as “containing CBD”. Knowing the quality and what is in your product makes a big difference. Reports and testimonials say CBD has multiple health benefits for the customers that use them. Is this psychosomatic or is there truth to what people claim CBD can do? Boston Hempire offers quality and transparency, so you know exactly what you are getting, and that makes the difference in what works and what does not.

CBD, also known as cannabidiol, is a derivative of the hemp plant, which belongs to the Cannabis Sativa plant species. Cannabis, as in marijuana? Not exactly. CBD is non-psychoactive, unlike another well-known cannabinoid, THC, which is found in large quantities within the marijuana plant. In 2018, the Farm Bill Act was passed legalizing hemp and hemp derived CBD on a federal level. This law separated hemp and marijuana based on the THC content. Hemp is considered a cannabis plant with less than 0.3% active THC (anything over this limit is marijuana). Not having this psychoactive component offers the potential for many benefits to consumers, all which you can buy online or in a local store.

Claims cannot be made without approval from the FDA, but customers report a variety of benefits from CBD. Some of the reported health benefits suggest they can have neuroprotective effects, which means that they can relieve certain conditions that affect the brain, like pain. Some of the other reported benefits are relieving symptoms of various health conditions like stress, anxiety, and depression. Pharmaceutical companies have explored the effectiveness against two forms of child epilepsy, potential to be used in cancer treatments, relieving chronic pain, and options to treat drug addiction. The case studies are constantly growing and are becoming quite extensive. Because of the non-psychoactive property and no known side-effects, many people are switching to CBD as a natural alternative to OTC and potentially addictive prescription drugs. Boston Hempire stresses the value CBD can bring in the fight against opioid and prescription drug addictions, though they cannot make claims for legal reasons.

Hemp flower might seem exotic for the newbies who are just entering the world of CBD health supplements, but for CBD-savvy people, hemp flower is an excellent way to get treatment for certain medical conditions. The hemp plant is the starting point to all CBD products and it’s how Boston Hempire started out. Based in Massachusetts, CEO Brandon Gadles and close friend, Kevin Coyle launched Boston Hempire in early 2018 when both entrepreneurs were seeking alternatives to prescription drugs for a sick parent. Gadles’ mother was coping with chemotherapy’s side effects while fighting stage 4 lung cancer and Coyle’s father had been struggling with a variety of issues from ALS. Each parent found some type of relief or benefit from CBD (pain relief, sleep aid, appetite builder). After seeing the benefits CBD could provide, Boston Hempire was formed. With the focus initially being on CBD hemp flower, they quickly expanded distribution to over 3000 stores across the nation. In late 2018, Boston Hempire launched their e-commerce website, followed by a full line of wellness products in early 2019. This aided the expansion to over 5000 retailers, including medical offices by the end of 2019.

Wellness products have been one of the fastest growing segments of the CBD market. Boston Hempire offers topicals, tinctures, pet products, and consumables such as gummies and soft gels. These products are in addition to the 20+ different hemp flower strains the company offers at any given time. But what about the quality of these CBD products?

Boston Hempire has core values of quality and transparency. Most of the products are organic, and all offerings are third party lab tested and fully insured with Cannabis Insurance Business. Each product in the Boston Hempire brand is grown and produced in the United States. The company only works directly with family farms and partnering farms/manufacturers to ensure the quality of the products are consistent and meet the brand’s high standards. Boston Hempire offers its entire selection of CBD products and hemp flower options on their website at www.BostonHempire.com.

In conversation with Brandon Gadles, CEO and Co-Founder of Boston Hempire

Q. The internet is flooded with organic products that claim to be genuine. How do you identify your offerings as a genuine CBD product?

Documentation and lab results are especially important. To be certified as an organic producer, you must have at least five years of organic farming. For instance, local farms that we partner with have worked with companies like Ben and Jerry’s to produce organic fruits and vegetables for their products. These producers have moved to farming hemp as well, so their farming land is already certified organic. Those certifications and our 3rd party lab tests back our products as genuine CBD products.

Q. Is CBD something that can be addictive?

There are no known side effects and we have not seen any reports of addiction. On the contrary, CBD is a natural alternative to try and help with drug addiction, and it has been used to treat addicts with withdrawal symptoms. You cannot “overuse” CBD, but we advise people refrain from using an abnormal number of milligrams, or they will feel a little tired.

Q. Your products are made with special care, and most are organic. How do you maintain your affordability?

We actually buy in large quantities. If we had bought in small quantity, we might have found it difficult to make a profit at our current prices. You see companies in the industry selling bottles for $100 per 1000 milligram of CBD. Right now, we sell our 1000mg product for $50, and if you use a promo code, then the price could come down to $40 or lower. By purchasing in large quantities, we were able to drive down the cost to the consumers and that really makes everyone happy.

Q. What are the future plans for the company?

We want to continue to develop our line abroad, and we want to expand beyond our current 5000 store distribution. Every day we are out there trying to get our products into more consumer hands, retail stores and distribution outlets. We just want to be in every convenience store and smoke shop throughout the United States. That is our goal, but we want to do it on our terms. We have already seen large tobacco companies eyeing the industry and we have turned down offers to sell north of $20M. We want to remain true to our company’s principles and refrain from putting the hemp industry in the wrong hands. I just want to emphasize that as a company, we would keep our operations within the United States and stick to the core values of the company. In addition, we want to give back to the community and help the fight of opioid addiction.

“At Boston Hempire, we offer the highest quality hemp products available on the market.”