CBD Retail Sales Growth Set to
Explode
April 24, 2019 -- InvestorsHub NewsWire -- Microcap Speculators
-- It’s showing up in everything from skin creams to bath balms to
dog treats – an elixir that can supposedly reduce anxiety and help
you sleep.
The ingredient? CBD, or cannabidiol, a compound derived
from hemp and marijuana that doesn’t cause a high.
Mainstream retailers are taking advantage of a sudden boom in
the industry even as CBD’s health benefits remain murky amid a
patchwork of state and local laws. And the flood of products
is only testing how federal regulators can police it.
Retail sales of CBD consumer products in 2018 were estimated to
reach as much as $2 billion, according to Cowen & Co. By 2025,
that figure could hit $16 billion in retail sales, the investment
firm predicts.
One cannabis stock worth researching is Life on Earth, Inc.
(USOTC:
LFER). This company could take
a big piece of that $16 billion. LFER, a beverage company
rolling up successful brands in taste-making hotbeds NYC and
Southern California, announced its flagship Just Chill
brand would be entering the cannabis-infused beverage space.
In a move that could help elevate the brand in the hearts and
minds of consumers, LFER just announced that it has signed Two
Times X Games Gold Medalist, Winner of The Maloof Money
Cup, top contender in multiple Dew Tours, and multiple World
Cups of skateboarding Greg Lutzka, as a brand partner for its
Just Chill brand. He is the only skateboarder, to
date, to have won the highest respected contest in the industry
three times at the Tampa Pro. Start your research on LFER
today.
Today we are highlighting: Life on Earth, Inc. (USOTC:
LFER), HEXO Corp. (AMEX:
HEXO), Auxly Cannabis Group, Inc. (USOTC:
CBWTF), Aphria, Inc. (NYSE:
APHA), and Terra Tech Corp. (TRTC).
Life on Earth, Inc. (USOTC:
LFER) (Market Cap: $15.217M; Share Price:
$0.479) debuted their Organic CBD-Infused High
Alkaline Waters, as well as Organic Hemp-Infused Drinks at Natural
Products Expo West in Anaheim, California. Immediately after,
the company announced expanded distribution as their product will
now be sold in well-known and notable retailers such as 7-Eleven,
Valero and Chevron convenience stores located in the following
counties of Northern California: San Mateo, Santa Cruz, Santa
Clara, Santa Benito, and Monterey counties.
Life On Earth, Inc. is a lifestyle beverage company focused on
growing its portfolio of brands in the all-natural, innovative,
healthier and "better for you" beverage market. Its
business model is focused on building unique brands within the
alternative beverage space. Strong distribution subsidiaries
complement their brand model in New York and California. LFER
recently announced the anticipated launch of its E-Commerce
platform in Spring 2019, which will enable customers in the United
States to purchase and receive the company's brands through the
direct home and business delivery and will bolster the company’s
already impressive distribution reach.
The distribution of their Just Chill brand includes major
retailers such as Krogers, HEB, Albertsons, Sprouts, and many
others. Just Chill was featured in a recent
Washington Post article which could help boost product
demand. They were also featured in one of the beverage
industry’s most influential publications, BevNet.com, Inc. with an
exclusive article titled, “Post-Acquisition Streak, Life On Earth
Set for 2019 Sales Push”. The article highlights the
company’s overall growth strategy with its brands for 2019 and
beyond and gives insight into its positioning with upcoming
innovations and new product launches.
_________
HEXO Corp (AMEX:
HEXO) (Market Cap: $1.489B; Share Price:
$7.09) and Newstrike Brands Ltd. ("Newstrike")
(TSX-V: HIP) had announced in March that they had entered into
a definitive arrangement agreement (the "Arrangement Agreement")
under which HEXO will acquire all of Newstrike’s issued and
outstanding common shares in an all-share transaction valued at
approximately $263 million. The Transaction
gives HEXO the capacity to produce approximately 150,000
kg of high-quality cannabis annually. The Transaction also
provides HEXO access to four cutting-edge production
campuses totaling close to 1.8 million sq. ft. of near-term
cultivation space and diversified growing and production
techniques. This is in addition to HEXO’s 579,000 sq.
ft. facility for a manufacturing and product development center of
excellence in Belleville, Ontario. HEXO Corp has its
headquarters in Gatineau Canada and it produces and sells most of
its cannabis products in the country.
The Brantford, Ontario-based Newstrike Brands were granted a
cultivation license on 16 December 2016, and the company expects
its harvest to be about 42,000 kg of cannabis. Although the company
has not been around for long compared to HEXO, it has high capacity
for cannabis production. HEXO recently announced that it had
completed the first harvest in its 1 million sq. ft. expansion,
marking an important execution milestone in the company's
continuous growth.
HEXO Corp., through its subsidiary, HEXO Operations Inc.,
produces, markets, and sells cannabis in Canada. The company
offers dried cannabis under the Time of Day and H2 lines; Elixir, a
cannabis oil sublingual mist product line; and Decarb, an activated
fine-milled cannabis powder product. It provides its products
under the HEXO and Hydropothecary brand names. The company serves
medical and adult-use markets. As one of the largest licensed
cannabis companies in Canada, HEXO Corp operates with
1.8 million sq. ft of facilities in Ontario and Quebec and a
foothold in Greece to establish a Eurozone processing, production
and distribution center.
_________
Auxly Cannabis Group Inc. (USOTC:
CBWTF) (Market Cap: $403.116M; Share Price:
$0.6601) released its fourth quarter and full year
2018 financial results in March 2019. These filings and
additional information regarding Auxly are available for review on
SEDAR. For the year ended December 31, 2018, Auxly recognized
$747,000 of research revenues from the recently completed
acquisition of KGK in the third quarter of 2018. Auxly
realized a gross loss of $188,000 in 2018 comprised of revenues
less KGK expenses of $1,078,000 in support of third-party research
contracts.
On April 8, it announced that its wholly-owned subsidiary,
Robinsons Cannabis Inc. ("Robinsons"), has been granted standard
cultivation and processing licenses by Health Canada pursuant to
the Cannabis
Act and Cannabis
Regulations. The licenses give Robinsons the ability
to begin cultivation at its fully constructed 27,700 square-foot
facility in Kentville, Nova Scotia, which was purpose-built to
produce high-quality cannabis.
Auxly Cannabis Group Inc. operates as a cannabis streaming
company. It provides funding for cannabis production; and
holds contractual rights and minority equity interest relating to
the operation of cannabis facilities. The company was
formerly known as Cannabis Wheaton Income Corp. and changed its
name to Auxly Cannabis Group Inc. in June 2018. Auxly
Cannabis Group Inc. was incorporated in 1987 and is headquartered
in Vancouver, Canada.
_________
Aphria Inc. (NYSE:
APHA) (Market Cap: $1.98B; Share Price:
$7.87) announced on Friday that its German
subsidiary, Aphria Deutschland GmbH, has been selected by the
German Federal Institute for Drugs and Medical Devices to receive a
license for the domestic cultivation of medical cannabis. The
provisional decision announced by BfArM is subject to a mandatory
10-day standstill period for public contracts, which permits
unsuccessful bidders to challenge the decision before the final
contract is signed.
On April 8, Viridium Pacific Group Ltd. ("Viridium" or the
"Company") (TSXV:VIR) (OTC PINK:VIRFF) had announced that its
wholly owned subsidiary, EFX Laboratories Inc. ("EFX"), a contract
manufacturer of cannabis oil capsules, has commenced medical
two-piece capsule sales through its partnership with Broken Coast
Cannabis Ltd. ("BCC"), a wholly owned subsidiary of Aphria Inc.
("Aphria") (TSX: APHA and
NYSE: APHA) available to BCC medical clientele via their online
sales portal. Under the terms of the agreement between EFX and
Aphria, the agreement enables EFX to provide commercial
manufacturing services with a revenue sharing structure on the
medical two-piece capsule containing various THC and CBD
concentrations.
Aphria Inc. produces and sells medical cannabis in Canada and
internationally. The company offers sativa, indica, and
hybrid medical marijuana products, as well as cannabis oils.
It serves patients and health professionals. The company also
sells its products online. Aphria Inc. is headquartered in
Leamington, Canada.of anti-cancer medication, as well as ornamental
bonsai trees for purifying indoor air quality.
_________
Terra Tech Corp. (TRTC) (Market Cap: $90.347M; Share
Price: $0.85), a vertically integrated
cannabis-focused agriculture company, announced on April 8 that it
has secured a permit to manufacture cannabis for the adult use
market at its 15,000 square foot extraction facility in Reno, which
is 50% owned by NuLeaf, from the State of Nevada.
Terra Tech Corp. operates as a vertically integrated
cannabis-focused agriculture company. The company operates in
three segments: Herbs and Produce Products; Cannabis Dispensary,
Cultivation and Production; and Real Estate and Construction.
Terra Tech Corp. was founded in 2010 and is headquartered in
Irvine, California. It operates through multiple subsidiary
businesses including: Blüm, IVXX Inc., Edible Garden, and MediFarm
LLC. Blüm's retail and medical cannabis facilities provide the
highest quality medical cannabis to patients who are looking for
alternative treatments for their chronic medical conditions as well
as premium cannabis to the adult-use market in Nevada and
California. Blüm offers a broad selection of cannabis
products including flowers, concentrates and edibles through its
multiple California and Nevada locations. IVXX, Inc. is a
wholly-owned subsidiary of Terra Tech that produces
cannabis-extracted products for regulated medical cannabis
dispensaries throughout California. The company's wholly-owned
subsidiary, Edible Garden, cultivates a premier brand of local and
sustainably grown hydroponic produce, sold through major grocery
stores such as ShopRite, Walmart, Ahold, Aldi, Meijer, Kroger, Stop
& Shop and others nationwide. Terra Tech's MediFarm LLC
subsidiaries are focused on medical and adult-use cannabis
cultivation and permitting businesses throughout Nevada.
________
Signed by
Priyanka Goel, CFA
Legal Disclaimer:
This article was written by Regal Consulting, LLC (“Regal
Consulting”). Regal Consulting has agreed to a three-month
term consulting agreement with LFER dated 02/05/19. The
agreement calls for $10,000 cash and 100,000 restricted shares of
LFER per month. Regal is awaiting payment in the amount of
$5,000 cash and 50,000 restricted 144 shares of LFER for February
Additional Services. This agreement has been amended to
increase the cash component of the agreement to $15,000 per month
and 150,000 shares per month or $20,000 per month and 100,000
shares per month. Regal Consulting may have a position in the
securities mentioned in this article at the time of publication,
and may increase or decrease its position without notice.
This article is based on public information and the opinions
of Regal Consulting. LFER was given an opportunity to edit this
article. This article contains forward-looking statements that are
subject to certain risks and uncertainties that could cause actual
results to differ materially from any results predicted herein.
Regal Consulting is not registered with any financial or
securities regulatory authority, and does not provide or claim to
provide investment advice.
http://www.regalconsultingllc.com/disclaimer/ legal
disclaimer/
Full Legal Disclaimer Click Here.
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SOURCE: Microcap Speculators
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