CBD Companies Just Beginning to Expand Into Intern
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Posted On: 06/13/2019 12:37:01 PM
CBD Companies Just Beginning to Expand Into International Markets
FinancialNewsMedia.com
Jun 13, 2019, 08:50 ET
PALM BEACH, Florida, June 13, 2019/PRNewswire/ -- Global spending on cannabis could reach $57 billion by 2027, according to Arcview Market Research and BDS Analytics. In their report, "The Road Map to $57 Billion Worldwide Market," analysts note that the South American market for example could grow from $125 million in 2018 to $776 million by 2027. They also note that Germany could become the leader in the European cannabis market, with Italy expected to see $1.2 billion cannabis sales by 2027. Companies are even finding opportunity in Greece, which legalized medical cannabis in 2018. Such international growth is opening a wide range of opportunity for companies including The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF)
The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) BREAKING NEWS: The Yield Growth Corp. just announced that it signed a letter of intent with Melorganicsfor international distribution of Urban Juve products in Greece and Cyprus. The LOI contemplates that Melorganics will act as the exclusive retail distributor and non-exclusive e-commerce distributor for Urban Juve products in Greece and Cyprus. To maintain exclusively in the territory, Melorganics must purchase a minimum amount of Urban Juveproducts of $300,000 in Year 1 and $500,000 in each subsequent year. Urban Juve plans to register all its existing products in the European Union, and Melorganics will sign the requisite mandate with Urban Juve's European Responsible Person. Melorganics will also support Urban Juve sales with a marketing plan tailored to the region. The parties plan to enter into a definitive long form agreement within 30 days. "We expect our alliance with Melorganics will allow us to bring high-quality Ayurveda-inspired formulations to the growing luxury market in Greece and Cyprus," says Penny Green, CEO of Yield Growth. " For more information on BOSS,
please visit: https://yieldgrowth.com/
FinancialNewsMedia.com
Jun 13, 2019, 08:50 ET
PALM BEACH, Florida, June 13, 2019/PRNewswire/ -- Global spending on cannabis could reach $57 billion by 2027, according to Arcview Market Research and BDS Analytics. In their report, "The Road Map to $57 Billion Worldwide Market," analysts note that the South American market for example could grow from $125 million in 2018 to $776 million by 2027. They also note that Germany could become the leader in the European cannabis market, with Italy expected to see $1.2 billion cannabis sales by 2027. Companies are even finding opportunity in Greece, which legalized medical cannabis in 2018. Such international growth is opening a wide range of opportunity for companies including The Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF)
The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) BREAKING NEWS: The Yield Growth Corp. just announced that it signed a letter of intent with Melorganicsfor international distribution of Urban Juve products in Greece and Cyprus. The LOI contemplates that Melorganics will act as the exclusive retail distributor and non-exclusive e-commerce distributor for Urban Juve products in Greece and Cyprus. To maintain exclusively in the territory, Melorganics must purchase a minimum amount of Urban Juveproducts of $300,000 in Year 1 and $500,000 in each subsequent year. Urban Juve plans to register all its existing products in the European Union, and Melorganics will sign the requisite mandate with Urban Juve's European Responsible Person. Melorganics will also support Urban Juve sales with a marketing plan tailored to the region. The parties plan to enter into a definitive long form agreement within 30 days. "We expect our alliance with Melorganics will allow us to bring high-quality Ayurveda-inspired formulations to the growing luxury market in Greece and Cyprus," says Penny Green, CEO of Yield Growth. " For more information on BOSS,
please visit: https://yieldgrowth.com/
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