What do we think about this company? How much of a threat is it?...

What do we think about this company? How much of a threat is it? Their website seems a little out of date, if you have a look at their clinical trials timeline page. Here's what I gathered really quickly:

https://www.anandascientific.com/services/first-product/

ANANDA Scientific has created a proprietary hemp strain exceptional in the sense that it yields copious amounts of CBD. The Company is also developing novel, patentable extraction and purification technologies to dramatically reduce costs and the time needed for making CBD-containing products.https://www.anandascientific.com/research-development/bioavailability/



https://www.anandascientific.com/research-development/bioavailability/

When taken by mouth, cannabinoid entry into the body is erratic. As little as 4% of an oral dose reaches the bloodstream — too little to be reproducibly and therapeutically useful. ANANDA Scientific is successfully addressing this critical issue by proprietarily making cannabinoids, particularly CBD, bioavailable at unprecedented high levels by employing novel and patent-protected ANANDA Particulate Technology™.

https://www.nutritionaloutlook.com/herbs-botanicals/how-hard-it-formulate-cbd-food-and-drinks

“It’s a very inefficient molecule,” says Mark Coffie, chief business development officer, Ananda Scientific (Greenwood Village, CO). “It’s a very inefficient molecule to extract, and it’s an inefficient molecule to get into the body.”