The New To The Street show on YouTube hosted by Jane King has become a highly respectable platform in recent times and nowadays, some of the top executives from well-known companies appear for chats on the channel.
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Earlier in the week, it was the Chief Executive Officer of the wellness company Sibannac Inc (OTCMKTS:SNNC) David Mersky who appeared on the show. The company is fast emerging as an important player in the rapidly growing wellness industry and is best known for producing both cannabis-based products as well as non-cannabis ones.
In this context, it is perhaps also necessary to point out that Sibannac has a facility that is certified by the United States Food and Drug Administration for the purpose of manufacturing these products. The CEO of the company started the chat by revealing that the name of the company is actually the word ‘Cannabis’ spelled backward.
He noted that when the company had been initially established, it operated a cannabis ad platform and used it to generate its income through clients who were interested in placing cannabis advertisements. However, the company has evolved in a big way over the course of the past few years.
It is now involved in the production of CBD and a wide range of other wellness products. The CBD products that the company sells are all derived from hemp and are also compliant with the Farm Bill of 2018. Regulation is almost always the biggest headache for investors when it comes to companies in this sector and it might be said that in this regard, it is perhaps not too much of a worry.
In addition to that, the company also has its development team which is tasked with the work of coming up with the latest products. The CEO spoke about all this in the chat and provided a pretty detailed account of the company.
