$ISWH Brightfield Group, a leading market and consumer intelligence firm for the legal CBD and cannabis industries, recently increased its own growth forecast for the CBD market, published analysis calling for a 706% year-over-year CBD product sales jump in the US in 2019 to around $5 billion in total sales, with sales expected to reach $23.7 billion by 2023.
“This is a rare marketplace,” continued Mr. Williams. “New research calls for a CAGR in the CBD-based products space of 107% for the next 4 years. That’s just staggering. I’m not sure I’ve ever seen anything like it. This whole marketplace is being sucked up into a massive black hole of demand as CBD finally really hits the radar of the mainstream public. We have inventory and branding already in place for a market-leading product line, and we have marketing and distribution ready to come back online into quarter end. That puts the Company in an especially advantageous position right now.”
About ISWH: International Spirits & Wellness Holdings, Inc. (ISWH) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company's expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISWH intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. In addition, ISWH has now established itself as a health and wellness company with a focus on reshaping the CBD products market through state-of-the-art nanotechnology processes, developing a wide range of nano-infused CBD gummies and beverages formulations. These products will be sold through the Company’s website, as well as through established wholesale and retail distribution channels. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace.
https://www.globenewswire.com/news-release/20...-2019.html
$PHIL $ASTI $HBRM $TCEL $CELZ $ETFM $AITX $LAHO $HIHI $RNVA $LIBE $MAXD $HEMP $IGEX $ERBB $BRKK $DGTW $TGRO $DSCR $MMEX $NYXO $DPLS $PACV $NTRR $XREG
“This is a rare marketplace,” continued Mr. Williams. “New research calls for a CAGR in the CBD-based products space of 107% for the next 4 years. That’s just staggering. I’m not sure I’ve ever seen anything like it. This whole marketplace is being sucked up into a massive black hole of demand as CBD finally really hits the radar of the mainstream public. We have inventory and branding already in place for a market-leading product line, and we have marketing and distribution ready to come back online into quarter end. That puts the Company in an especially advantageous position right now.”
About ISWH: International Spirits & Wellness Holdings, Inc. (ISWH) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company's expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISWH intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. In addition, ISWH has now established itself as a health and wellness company with a focus on reshaping the CBD products market through state-of-the-art nanotechnology processes, developing a wide range of nano-infused CBD gummies and beverages formulations. These products will be sold through the Company’s website, as well as through established wholesale and retail distribution channels. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace.
https://www.globenewswire.com/news-release/20...-2019.html
$PHIL $ASTI $HBRM $TCEL $CELZ $ETFM $AITX $LAHO $HIHI $RNVA $LIBE $MAXD $HEMP $IGEX $ERBB $BRKK $DGTW $TGRO $DSCR $MMEX $NYXO $DPLS $PACV $NTRR $XREG
