Ex-Kellogg President Bet On CBD Consumer Market Bodes Well For PURA KALY POTN and USMJ
August 6, 2019 -- InvestorsHub NewsWire -- via www.nextbigticker.com -- Ex-Kellogg Company (NYSE: K) President, Paul Norman, is bringing a groundswell of enthusiasm into the CBD consumer products market with his very bullish entry into the sector. Norman is now the CEO of HeavenlyRX, a CBD sector rollup. His recently published outlook on the CBD consumer products sector is a validation of some firmly-established CBD sector consumer product company start-ups already knocking down milestone after milestone. Norman’s comments are likely to bring more market attention to CBD beverage producer, Puration, (USOTC: PURA), and PURA’s extraction partner Kali-Extracts (USOTC: KALY). Norman’s comments could also bring more market attention to online CBD product retailers North American Cannabis Holdings (USOTC: USMJ) and Potnetwork Holdings, (USOTC: POTN). PURA, KALY, USMJ and POTN are leaders in their field showing signs of enduring the start-up development phase and transitioning into long-term players. They could even be candidates for Norman’s roll-up.
Norman was recently interviewed by Yahoo Finance:
“This market is going to grow four or five fold to 20 plus billion dollars in consumer value over the next five years,” Norman tells Yahoo Finance. “I believe, down the road, CBD will be widely available in all kinds of consumer products.”
The article including Norman comments also comment on the current FDA position on CBD:
“CBD products derived from hemp are legal in the U.S. The FDA has so far not regulated the booming market …”
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