Cannavest Corp. Garners Fifth Win for Highest Cannabidiol (CBD) Concentrate at the Seattle High Times Cannabis Cup, and Announces Exclusive Production Contracts With European Industrial Hemp Farmers

LAS VEGAS, Sept. 9, 2014 /PRNewswire/ -- CannaVest Corp. (OTCBB: CANV), a leading manufacturer and distributor of hemp and Cannabidiol (CBD) based products, has received the highest Cannabidiol (CBD) concentrate award at the Seattle High Times Cannabis Cup, on September 7, in Seattle, Washington. It is the fifth top honors win for the Company in this category, and marks an industry record number of wins.

In addition to announcing this record win for high-end Cannabidiol (CBD) compounds, the Company is announcing that it has secured the exclusive production supply of approximately 2,500 acres of European industrial hemp farmland, through the 2018 harvest, with an option to extend the acreage or length of the commitment.

"We are proud of our Seattle win, and of our ability to offer consistent, high quality Cannabidiol (CBD) products and compounds to our customers. We congratulate CannaVest Laboratories, and our Director of Research and Development, Dr. Joshua Hartsel," said CannaVest Corp. President and CEO, Michael Mona, Jr.

Mr. Mona continued by stating that in addition, "the European farming contracts ensure that we have the capacity to continue to be the industry's lead supplier of high end hemp and Cannabidiol (CBD) based products, that will meet growing consumer demand."

It is reported that the US hemp products market is the fastest growing hemp import market in the world, estimated at $550 Million.

CannaVest Laboratories, a division of CannaVest Corp. produces the proprietary award winning pharmaceutical grade Cannabidiol (CBD) concentrate, CBD Simple™, and distributes in bulk, a consumer grade version of the CBD-rich hemp oil, PlusCBD Oil™. The Company reports that it plans to expand its product offerings in 2014.

Dr. Joshua Hartsel stated that, "CannaVest Corp. has provided the resources necessary to stay at the cutting edge of the industry and to position CannaVest Laboratories to continue leading the Cannabidiol (CBD) sector with innovative Research & Development."

Cannabidiol (CBD) is a non-psychoactive nutraceutical product isolated from industrial hemp that is recognized by the National Institutes of Health for its myriad benefits on human health, and can be added to beauty, and dietary products.

CannaVest Corp. and its industrial hemp, scientific, and education experts will be attending the Supply Side West Global Conference and Summit Oct. 6 to 10 at Mandalay Bay in Las Vegas, Nevada,  and have been invited to keynote the Trade Show's inaugural Agricultural Hemp Summit: CBD and the Hemp Revolution, 8:30 to 11:30 a.m. on Oct. 10, to discuss the biochemical, scientific, medical and consumer applications of high-value Cannabidiol (CBD).

The Company will also be exhibiting at the MASSCANN/NORML Boston Freedom Rally, on September 13 and Sunday September 14 in the Boston Commons, in Boston, Massachusetts.

About CannaVest Corp.
CannaVest Corp. (OTCBB:CANV), located in Las Vegas, Nevada, focuses on the procurement and wholesale of the hemp plant extract cannabidiol (CBD), and the development, marketing and sale of end consumer products containing CBD, which is refined into its own PlusCBD Oil™ brand. CannaVest resells raw industrial hemp product to third parties, acquired through supply relationships in Europe. Additional information is available from OTCMarkets.com or by visiting http://www.CannaVest.com.

CannaVest Corp.'s subsidiaries include: US Hemp Oil, LLC ("US Hemp Oil") (http://www.USHempOil.com), CannaVest Laboratories, LLC ("CannaVest Laboratories") (http://www.CannaVestLabs.com) and Plus CBD, LLC (formerly, Global Hemp Source, LLC) ("Plus CBD"). US Hemp Oil provides farming, procurement, processing, marketing and distribution services of bulk wholesale hemp seed. In addition, US Hemp Oil is involved with industry advocacy, creating greater public awareness and media exposure for the nutritional profile of hemp seeds and the environmental benefits of growing industrial hemp. CannaVest Laboratories (formerly PhytoSPHERE Systems, LLC) provides processing technology and product development of hemp-based pharmaceutical and nutraceutical products. Plus CBD is the operating entity for Company sales and expense of CBD oil and end consumer products.

FORWARD-LOOKING DISCLAIMER
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of CannaVest Corp. to be materially different from the statements made herein.

LEGAL DISCLOSURE
CannaVest Corp. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US.CSA). The company does grow, sell and distribute hemp-based products and are involved with the federally legal distribution of medical marijuana-based products within certain international markets.

Corporate Contact:
CannaVest Corp.
2688 S. Rainbow Blvd., Ste. B
Las Vegas, NV 89146
Office: 866-290-2157

SOURCE CannaVest Corp.