CBD Retail Sales Growth Set to Explode

Date : 04/24/2019 @ 6:40PM
Source :InvestorsHub NewsWire
Stock : Auxly Cannabis Group Inc. (CBWTF)
Quote : 0.532  0.0125 (2.41%) @ 7:47PM

CBD Retail Sales Growth Set to Explode

CBD Retail Sales Growth Set to Explode

 

April 24, 2019 -- InvestorsHub NewsWire -- Microcap Speculators -- It’s showing up in everything from skin creams to bath balms to dog treats – an elixir that can supposedly reduce anxiety and help you sleep.

The ingredient?  CBD, or cannabidiol, a compound derived from hemp and marijuana that doesn’t cause a high.

Mainstream retailers are taking advantage of a sudden boom in the industry even as CBD’s health benefits remain murky amid a patchwork of state and local laws.  And the flood of products is only testing how federal regulators can police it.

Retail sales of CBD consumer products in 2018 were estimated to reach as much as $2 billion, according to Cowen & Co. By 2025, that figure could hit $16 billion in retail sales, the investment firm predicts.

One cannabis stock worth researching is Life on Earth, Inc. (USOTC: LFER).  This company could take a big piece of that $16 billion.  LFER, a beverage company rolling up successful brands in taste-making hotbeds NYC and Southern California, announced its flagship Just Chill brand would be entering the cannabis-infused beverage space.    

In a move that could help elevate the brand in the hearts and minds of consumers, LFER just announced that it has signed Two Times X Games Gold Medalist, Winner of The Maloof Money Cup, top contender in multiple Dew Tours, and multiple World Cups of skateboarding Greg Lutzka, as a brand partner for its Just Chill brand.  He is the only skateboarder, to date, to have won the highest respected contest in the industry three times at the Tampa Pro.  Start your research on LFER today.

Today we are highlighting: Life on Earth, Inc. (USOTC: LFER), HEXO Corp. (AMEX: HEXO), Auxly Cannabis Group, Inc. (USOTC: CBWTF), Aphria, Inc. (NYSE: APHA), and Terra Tech Corp. (TRTC).

Life on Earth, Inc. (USOTC: LFER) (Market Cap: $15.217M; Share Price: $0.479) debuted their Organic CBD-Infused High Alkaline Waters, as well as Organic Hemp-Infused Drinks at Natural Products Expo West in Anaheim, California.  Immediately after, the company announced expanded distribution as their product will now be sold in well-known and notable retailers such as 7-Eleven, Valero and Chevron convenience stores located in the following counties of Northern California: San Mateo, Santa Cruz, Santa Clara, Santa Benito, and Monterey counties.

Life On Earth, Inc. is a lifestyle beverage company focused on growing its portfolio of brands in the all-natural, innovative, healthier and "better for you" beverage market.  Its business model is focused on building unique brands within the alternative beverage space.  Strong distribution subsidiaries complement their brand model in New York and California.  LFER recently announced the anticipated launch of its E-Commerce platform in Spring 2019, which will enable customers in the United States to purchase and receive the company's brands through the direct home and business delivery and will bolster the company’s already impressive distribution reach.

The distribution of their Just Chill brand includes major retailers such as Krogers, HEB, Albertsons, Sprouts, and many others.  Just Chill was featured in a recent Washington Post article which could help boost product demand.  They were also featured in one of the beverage industry’s most influential publications, BevNet.com, Inc. with an exclusive article titled, “Post-Acquisition Streak, Life On Earth Set for 2019 Sales Push”.  The article highlights the company’s overall growth strategy with its brands for 2019 and beyond and gives insight into its positioning with upcoming innovations and new product launches.

_________

HEXO Corp (AMEX: HEXO) (Market Cap: $1.489B; Share Price: $7.09) and Newstrike Brands Ltd. ("Newstrike") (TSX-V: HIP) had announced in March that they had entered into a definitive arrangement agreement (the "Arrangement Agreement") under which HEXO will acquire all of Newstrike’s issued and outstanding common shares in an all-share transaction valued at approximately $263 million.  The Transaction gives HEXO the capacity to produce approximately 150,000 kg of high-quality cannabis annually.  The Transaction also provides HEXO access to four cutting-edge production campuses totaling close to 1.8 million sq. ft. of near-term cultivation space and diversified growing and production techniques.  This is in addition to HEXO’s 579,000 sq. ft. facility for a manufacturing and product development center of excellence in Belleville, Ontario.  HEXO Corp has its headquarters in Gatineau Canada and it produces and sells most of its cannabis products in the country.

The Brantford, Ontario-based Newstrike Brands were granted a cultivation license on 16 December 2016, and the company expects its harvest to be about 42,000 kg of cannabis. Although the company has not been around for long compared to HEXO, it has high capacity for cannabis production.  HEXO recently announced that it had completed the first harvest in its 1 million sq. ft. expansion, marking an important execution milestone in the company's continuous growth.

HEXO Corp., through its subsidiary, HEXO Operations Inc., produces, markets, and sells cannabis in Canada.  The company offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product.  It provides its products under the HEXO and Hydropothecary brand names. The company serves medical and adult-use markets.  As one of the largest licensed cannabis companies in Canada, HEXO Corp operates with 1.8 million sq. ft of facilities in Ontario and Quebec and a foothold in Greece to establish a Eurozone processing, production and distribution center.

_________

Auxly Cannabis Group Inc. (USOTC: CBWTF) (Market Cap: $403.116M; Share Price: $0.6601) released its fourth quarter and full year 2018 financial results in March 2019.  These filings and additional information regarding Auxly are available for review on SEDAR.  For the year ended December 31, 2018, Auxly recognized $747,000 of research revenues from the recently completed acquisition of KGK in the third quarter of 2018.  Auxly realized a gross loss of $188,000 in 2018 comprised of revenues less KGK expenses of $1,078,000 in support of third-party research contracts.

On April 8, it announced that its wholly-owned subsidiary, Robinsons Cannabis Inc. ("Robinsons"), has been granted standard cultivation and processing licenses by Health Canada pursuant to the Cannabis Act and Cannabis Regulations.  The licenses give Robinsons the ability to begin cultivation at its fully constructed 27,700 square-foot facility in Kentville, Nova Scotia, which was purpose-built to produce high-quality cannabis.

Auxly Cannabis Group Inc. operates as a cannabis streaming company.  It provides funding for cannabis production; and holds contractual rights and minority equity interest relating to the operation of cannabis facilities.  The company was formerly known as Cannabis Wheaton Income Corp. and changed its name to Auxly Cannabis Group Inc. in June 2018.  Auxly Cannabis Group Inc. was incorporated in 1987 and is headquartered in Vancouver, Canada.

_________

Aphria Inc. (NYSE: APHA) (Market Cap: $1.98B; Share Price: $7.87) announced on Friday that its German subsidiary, Aphria Deutschland GmbH, has been selected by the German Federal Institute for Drugs and Medical Devices to receive a license for the domestic cultivation of medical cannabis.  The provisional decision announced by BfArM is subject to a mandatory 10-day standstill period for public contracts, which permits unsuccessful bidders to challenge the decision before the final contract is signed.

On April 8, Viridium Pacific Group Ltd. ("Viridium" or the "Company") (TSXV:VIR) (OTC PINK:VIRFF) had announced that its wholly owned subsidiary, EFX Laboratories Inc. ("EFX"), a contract manufacturer of cannabis oil capsules, has commenced medical two-piece capsule sales through its partnership with Broken Coast Cannabis Ltd. ("BCC"), a wholly owned subsidiary of Aphria Inc. ("Aphria") (TSX: APHA and NYSE: APHA) available to BCC medical clientele via their online sales portal. Under the terms of the agreement between EFX and Aphria, the agreement enables EFX to provide commercial manufacturing services with a revenue sharing structure on the medical two-piece capsule containing various THC and CBD concentrations.

Aphria Inc. produces and sells medical cannabis in Canada and internationally.  The company offers sativa, indica, and hybrid medical marijuana products, as well as cannabis oils.  It serves patients and health professionals.  The company also sells its products online.  Aphria Inc. is headquartered in Leamington, Canada.of anti-cancer medication, as well as ornamental bonsai trees for purifying indoor air quality.

_________

Terra Tech Corp. (TRTC) (Market Cap: $90.347M; Share Price: $0.85), a vertically integrated cannabis-focused agriculture company, announced on April 8 that it has secured a permit to manufacture cannabis for the adult use market at its 15,000 square foot extraction facility in Reno, which is 50% owned by NuLeaf, from the State of Nevada.

Terra Tech Corp. operates as a vertically integrated cannabis-focused agriculture company.  The company operates in three segments: Herbs and Produce Products; Cannabis Dispensary, Cultivation and Production; and Real Estate and Construction.  Terra Tech Corp. was founded in 2010 and is headquartered in Irvine, California.  It operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible Garden, and MediFarm LLC. Blüm's retail and medical cannabis facilities provide the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions as well as premium cannabis to the adult-use market in Nevada and California.  Blüm offers a broad selection of cannabis products including flowers, concentrates and edibles through its multiple California and Nevada locations.  IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces cannabis-extracted products for regulated medical cannabis dispensaries throughout California. The company's wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Ahold, Aldi, Meijer, Kroger, Stop & Shop and others nationwide.  Terra Tech's MediFarm LLC subsidiaries are focused on medical and adult-use cannabis cultivation and permitting businesses throughout Nevada.

________

Signed by

Priyanka Goel, CFA

 

Legal Disclaimer:

This article was written by Regal Consulting, LLC (“Regal Consulting”).  Regal Consulting has agreed to a three-month term consulting agreement with LFER dated 02/05/19.  The agreement calls for $10,000 cash and 100,000 restricted shares of LFER per month.  Regal is awaiting payment in the amount of $5,000 cash and 50,000 restricted 144 shares of LFER for February Additional Services.  This agreement has been amended to increase the cash component of the agreement to $15,000 per month and 150,000 shares per month or $20,000 per month and 100,000 shares per month.  Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice.  This article is based on public information and the opinions of Regal Consulting. LFER was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein.  Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.

 

http://www.regalconsultingllc.com/disclaimer/ legal disclaimer/

Full Legal Disclaimer Click Here.

Contact Information:

Company Name: ACR Communication LLC.

Contact Person: Media Manager

Email: info@microcapspeculators.com

Phone: 1-702-720-6310

Country: United States

 

SOURCE: Microcap Speculators

Auxly Cannabis Group Inc. (USOTC:CBWTF)
Historical Stock Chart

1 Year : From Nov 2018 to Nov 2019

Click Here for more Auxly Cannabis Group Inc. Charts.

Auxly Cannabis Group Inc. (USOTC:CBWTF)
Intraday Stock Chart

Today : Friday 15 November 2019

Click Here for more Auxly Cannabis Group Inc. Charts.

Latest CBWTF Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.