ISBG Enters Premium CBD Marketplace Through Production and Distribution Agreement with Canbiola (CANB)
October 11 2018 - 9:08AM
InvestorsHub NewsWire
Las Vegas, NV -- October 11, 2018 -- InvestorsHub NewsWire --
International Spirits and Beverage Group Inc. (OTCQB:ISBG) (“ISBG”
or the “Company”),a top-tier brand incubator in the Global Wine
& Spirits market, is excited to announce that it has signed a
Production and Distribution (the “Agreement”) with Canbiola, Inc.
(OTCMKTS: CANB) (“Canbiola”), a U.S. Company specializing in the
sale of premium CBD-based products. The Agreement provides for CANB
to produce, package and distribute the Company’s new line of CBD
infused fruit chews and non-alcoholic beverages (the
“Products”).
“Analysts and experts are anticipating truly eye-popping growth
in the CBD products space over coming years,” commented ISBG CEO,
Terry Williams. “With our existing infrastructure and downstream
branding and marketing experience, we will be positioned to quickly
battle for significant market share in that boom.”
According to the terms of the Agreement, CANB will manufacture
the Products on the Company’s behalf according to the Company’s
specifications. CANB may also distribute the Products on the
Company’s behalf.
Marco Alfonsi, CEO of Canbiola, stated, “I am excited to
cultivate this new relationship. I believe ISGB’s CBD chews and
infused beverages would do well in the current market environment
and I am excited to see what ISBG develops.”
About Canbiola: Canbiola, Inc. is a public
company trading under symbol CANB. Canbiola, Inc. is a US Company
embarking in the sale of a variety of Cannabidiol (CBD) based
products. Canbiola is in the process of developing its own line of
proprietary products as well as seeking synergistic value through
acquisitions in the CBD and the medical cannabis industry. CANB has
already launched several products found at www.canbiola.com.
Cannabis (and its derivatives) is currently federally illegal and
has legalized for medical or recreational purposes in some form in
a limited number of states. CANB also owns two technological
solutions, WRAPmail (US Patent 8,572,275), which turns traditional
email into a powerful marketing and branding tool, as well
Prosperity Systems and the Bullseye platform of document management
and compliance targeted at broker-dealers, public companies, and
governmental agencies providing a flawless all-in-one solution for
document management, retention and compliance.
About ISBG: ISBG is a Nevada-based alcoholic beverage company
specializing in the development, marketing and global sales of
innovative wine and spirits brands. The Company's expertise lies in
the strategic development and aggressive early growth of its brands
and establishing these brands as viable and profitable. ISBG
intends to build its own brands while seeking out individual
acquisition candidates to continue to develop its pipeline of new
brands into the ISBG portfolio. For more information visit:
www.isbg.global
Forward Looking Statements: This press release may contain
forward-looking statements that involve risks and uncertainties.
These statements relate to future events or our future financial
performance. In some cases, you can identify forward-looking
statements by terminology including "could", "may", "will",
"should", "expect", "plan", "anticipate", "believe", "estimate",
"predict", "potential" and the negative of these terms or other
comparable terminology. While these forward-looking statements, and
any assumptions upon which they are based, are made in good faith
and reflect our current judgment regarding the direction of our
business, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections,
assumptions or other future performance suggested in this report.
Except as required by applicable law, we do not intend to update
any of the forward-looking statements so as to conform these
statements to actual results. Investors should refer to the risks
disclosed in the Company's reports filed from time to time with OTC
Markets (www.otcmarkets.com).
Contact: For Additional Investor Information: International Spirit & Beverage Group, Inc. info@isbg.global