Right On Brands ($RTON) To Open ENDO Wellness Cent
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March 14, 2019 17:23 ET | Source: Right On Brands, Inc.
LOS ANGELES, March 14, 2019 (GLOBE NEWSWIRE) -- Right on Brands, Inc.™ (OTC: RTON) today has announced the company will be entering the lucrative health and wellness business with one of the Southwest's first full-service CBD based wellness centers.
The corporate showcase ENDO Wellness Center is scheduled to open this summer in Dallas, Texas. Right on Brands/Endo Brands Inc, the Maker of EndoWater will also be opening a regional distribution warehouse in Addison Texas on Midway Lane later this month.
At the ENDO Wellness Center, people are inspired to make healthy choices, create personal wellness and success in their lives. The healing benefits of CBD oil have been known for thousands of years and have been prescribed by doctors and holistic healers across the globe. The ENDO Wellness Center focusses on teaching how to nurture a healthy mind and body with a complete line of CBD-infused products such as water, oils, gummies, edibles, coffee, gel caps, tinctures, rubs, lotions, vapors and items to treat patient’s pets as well. The ENDO Aquamassage treatment is a quick convenient way to get a full-body massage. An Aquamassagemachine looks similar to a tanning bed. All a patient needs to do to prepare for the Aquamassage is to remove their shoes, there is no need to undress. The combined effects of heat with Aquamassage using 36 warm water jets traveling from a patient’s toes to their neck provide a deep soothing muscle message. The centers will be equipped with Oxygen Bars to get that instant kick.
"Several additional locations will be awarded licenses and will open early this year as we are currently searching for additional qualified licensed partners that want to take advantage of the CBD-infused health and wellness market,” states James Morgan, Endo Wellness Center Corporate Development. “Now more than ever Americans are keenly focused on looking and feeling better. As Americans pursue to do both they are increasingly turning to exercise, proper nutrition, supplements, massage and more. The Health and Wellness markets are massive and growing in the U.S. and the CBD wellness business is a largely untapped segment of this marketplace.”
Most of the Endo Wellness Center Products are developed by our CEO Dr. Ashok Patel.
New York-based investment bank Cowen & Co. released a study on the CBD (cannabidiol) market. The projected estimate Cowen analysts made about the revenue of this market--$16 billion by 2025. This number is a marked jump from the estimated retail sales of CBD consumer products in 2018 that ranged between $600 million and $2 billion.
The Global Wellness Institute (GWI) noted recently that the wellness market , which encompasses everything from boutique fitness gyms to day spas, is now valued at a whopping $4.2 trillion, having grown 12.8% in the last two years. The industry now represents 5.3% of global economic output.
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