Recent reports indicate that the cannabidiol (CBD) market is estimated to grow by 700 percent by 2020, and a report by market intelligence firm Hemp Business Journal projects that the CBD market will grow to $2.1 billion by 2020, an astronomical jump in value compared to last year’s CBD market of $202 million.
Studies show that cannabidiol (CBD) possesses an array of therapeutic benefits, including antioxidant and neuroprotective properties. CBD products can be derived from industrial hemp plants or marijuana plants.
- CBD is an ideal component of a pre- and post-workout regimen.
- CBD works as an anti-inflammatory and relieves muscle spasms.
- CBD also works to relieve pain.
- CBD protects the heart, lungs and brain. Often essential when it comes to high-intensity and competitive training
- CBD reduces nausea, increases appetite and aids sleep
With American Premium Water Corporation (OTC:HIPH) , you get a real chance to get in on the CBD trend before it gets huge.
The Company will begin selling its LALPINA Hydro CBD product on August 27th on its website and select retail channels. The Company has been able to procure a domestic manufacturer who can provide the supply to meet the growing demand of LALPINA Hydro CBD.
“With a new product like LALPINA Hydro CBD, there were some teething issues in the ramp up to production. This product is a market frontrunner right out the gate considering the lack of a comparable product currently on sale. Unlike the other CBD waters that are currently at retail, the molecular structure of LALPINA Hydro CBD allows for greater bio availability which leads to a greater & quicker absorption rate compared to regular CBD oil or CBD water. The Company will need to use less CBD to create a greater benefit, which will allow for a higher gross margin per unit,” added Mr. Fishoff.
APWC has received in excess of a couple hundred thousand dollars in wholesale pre-orders for its LALPINA Hydrogen CBD product.
Developing LALPINA Hydro CBD was one of the Company’s primary initiatives for the 2018 fiscal year. CBD, the natural phycannbinoid extracted from cannabis, has shown in studies to have many therapeutic and medical benefits. The CBD market, which generated $820 million of sales in 2017, is projected to grow at 54% CAGR to $3 billion in 2020 according to GreenWave Advisors.
“The CBD market continues to grow at a blistering pace. Now that we will be able to capitalize on it and cultivate our distribution channels, we being to look to other areas in the space that have large growth potential. Incorporating THC into the formula and exploring pet CBD beverages are two areas the Company will be looking to expand into over the next 3-9 months. The LALPINA brand has over 1m followers on Instagram. It is time to start monetizing them. Just like the other acquisitions that the Company consummated over the past few months, the goal for LALPINA is to become a full-fledged lifestyle luxury brand that will offer multiple variations of water, energy, CBD, and THC infused beverages (and for those consumers pets as well). As we roll out LALPINA Hydro CBD, I look forward on updating the investor community with the Company’s progress in the CBD space and other high growth sectors.” Mr. Fishoff concluded.
LALPINA Hydrogen CBD positions the company to tap into growing consumer interest around CBD related products as this is the only known Hydrogen CBD water in the market. There is a large market opportunity given the growing number of cannabis dispensaries which could be potential customers.
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Kona Gold Solutions, Inc. (OTC:KGKG) , a Delaware Corporation, has created wholly owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and BitHive Mining, LLC. Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line, Energy shots, and Apparel; please visit the Company’s website at www.konagoldhemp.com. HighDrate, LLC has developed the beverage industry’s first CBD Energy Water, available in 4 delicious flavors; please visit the Company’s website at www.highdrateme.com. BitHive Mining, LLC will be solely focused on mining cryptocurrencies via custom built mining hardware. The Companies are located on the east coast of Florida in Rockledge, FL.
Kona Gold Solutions announced the expansions last week, tapping California High Beverages to distribute the drinks in the San Diego area. Last month, Kona Gold lined up distribution deals in New York and Bermuda.
Kona Gold Hemp Energy Drinks and HighDrate CBD Energy Waters are also sold in Massachusetts. The company recently moved into new headquarters in Melbourne, Florida. “The company is firing on all cylinders with adding new distribution partners,” CEO Robert Clark said in a statement.
A Las Vegas-based hemp company is making a play for the booming European CBD market by buying a greenhouse near Valencia, Spain.
PotNetwork Holdings, Inc. (OTC:POTN) is pleased to announce that its subsidiary, Diamond CBD, Inc., achieved revenues of over $2 Million, continuing its trend of reaching record new heights, a gain of over 80% when compared year over year.
Diamond CBD’s consistent trend of breaking sales records is the result of its continued expansion of innovative product lines, and results-oriented market diversification and sales strategies that continue to broaden its distribution footprint and consumer brand preference for its products.
In addition to the Company’s ongoing establishment of a marketing “wall” to protect and build its market share, the Company recently announced the engagement of two national law firms to handle intellectual property and regulatory guidance on FDA submissions and related matters. These engagements will allow the Company to explore and initiate the registration of trademarks and patents, and to evaluate the feasibility of FDA approval and registration for certain of its products, thereby solidifying existing and forthcoming market positions for current and future product introductions.
About Diamond CBD, Inc.: Diamond CBD focuses on the research, development, and multinational marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. Diamond CBD’s team consists of hemp industry pioneers and natural product experts, chemists, doctors and scientists, dedicated to producing the finest and purest cannabidiol (CBD) oils. The result is a robust selection considered among the most powerful natural CBD oils, tinctures, edibles, and vape liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.
About PotNetwork Holdings, Inc: PotNetwork Holdings, Inc. (OTC Pink:POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils.
Freedom Leaf (OTC:FRLF) bought the 430,000-square-foot complex – formerly the largest poinsettia nursery in Europe – for 4.1 million euros ($4.75 million).
Hemp cultivation in Europe is generally limited to approved cultivars with a THC limit of 0.2%. That’s lower than the threshold in the U.S. and Canada, so CBD manufacturers looking to expand on the continent are increasingly seeking to grow the hemp there. The company expects four harvests a year and has already planted about 100,000 hemp seedlings.
Freedom Leaf CEO Clifford Perry said his company already has orders for more than 6,600 pounds (3,000 kilograms) of European-certified hemp flower.
The company, which trades on over-the-counter markets as FRLF, owns several hemp companies, including Irie CBD and a line of vaporizers, extracts and pet products called Hempology.