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Greene Concepts Expands Within the CBD Industry Through an Alliance and Partnership With New World Health and Wellness
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Marion, North Carolina--(Newsfile Corp. - June 9, 2020) - Greene Concepts Inc. (OTC PINK: INKW) is happy to announce a partnership with New World Health and Wellness, a Washington-based manufacturer and online distributor of CBD wellness products. Along with one of its vendors Stay Cool, a CBD / Kava drink manufacturer, New World Health and Wellness will sell its product lines through the recently announced Greene Concepts Water Club subscription service.
The Company recently announced the launch of its Water Club Online subsidiary thru a website aptly named WaterClubOnline.com. The Company is branding an affiliate and social networking program centered around the sale and supply of certified artesian spring water which is the Company's own BE WATERTM brand. This new alliance and partnership with New World Health and Wellness, in addition to vendors such as Stay Cool, will build upon this distribution branding channel to market and distribute a variety of CBD wellness products.
According to Grandview Research, the global cannabidiol (CBD) market was valued at USD 4.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 22.2% from 2019 to 2025. The estimated global market size for 2019 is $7.1 billion and $9.3 billion in 2020 (see here).
David Day, CEO of New World Health and Wellness shares, "The Greene Concepts Water Club exponentially increases our footprint in the CBD industry as we offer healthy solutions for people and pets (from our canine CBD line). One of my prized vendors, Stay Cool, is also participating in the Water Club and will offer Kava and CBD beverage lines to present healthy alternatives to the public. Our products, derived from the purest natural CBD, are developed with a centric based focus on assisting the body's own natural healing properties in the reduction of chronic pain, stress, inflammation, anxiety, sleep and heart health and legalized for distribution throughout the country. We have also created specialty lines for several national golf courses, as well as sponsor Koroshes quarter midget car racing for children and sponsor two MMA fighters Sua Tuani and Melanie McIntyre. As a shareholder in INKW stock, I am personally committed to the Water Club's success."
Full article...
https://finance.yahoo.com/news/greene-concept...00112.html
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