Geyser Brands Inc. Featured in CannabisNewsWire Publication Analyzing Pet Products in Hemp Market
June 06 2019 - 8:30AM
via CannabisNewsWire – Geyser Brands Inc. (TSX.V: GYSR) today
announces its placement in an editorial published by
CannabisNewsWire ("CNW"), a multifaceted financial news and
publishing company for private and public entities in the cannabis
industry.
To view the full publication, titled “Products for Pets Gain
Prominence in Hemp Market,” please visit: http://cnw.fm/F2jFi
The hemp industry has come from almost nowhere to becoming one
of the big business stories of the past 10 years. With cultivation,
processing and sales facilities setting up across North America and
beyond, hemp and its extracts are increasingly important products.
People use them for health, well-being and relaxation. Hemp has
even started to feature in foodstuffs and cosmetics.
And as recent industry moves demonstrate, hemp isn’t just for
people. Pet products have also been appearing, promising benefits
such as pain relief, increased energy and broader well-being. Hemp
is now for pets, and companies are moving to make the most of the
opportunity this provides.
Hemp-based pet products made the news recently thanks to the
acquisition of Solace Management Group Inc., owners of the
Apawthecary Pets product line, by Geyser Brands Inc.
(TSX.V: GYSR).
The acquisition, whose definitive agreement was announced on May
28, represents an important step for Geyser Brands. Providing the
company with more than $2 million in gross revenues, it establishes
Geyser as a leader in the health-focused hemp and CBD industry.
About Geyser Brands Inc.Geyser
Brands builds health-based, hemp-CBD consumer products in the
nutraceutical, cosmetics, food-and-beverage and pet sectors
worldwide. R&D investment in NanoFusion, a proprietary
all-natural nanotechnology, delivers topical, cream, beverages and
baked goods, oil, and tincture formulations with superior
bioavailability and water solubility. Geyser Brands is a Health
Canada-approved Licensed Producer (“LP”) in Port Coquitlam, British
Columbia, that holds a cultivation license and is anticipating its
processing and sales licenses. The company is exclusively focusing
on leveraging these assets to provide the regulatory infrastructure
for its global brands and distribution strategy, acquiring hemp-
and plant-based brands and infusing them with new CBD product lines
in jurisdictions where the therapeutic ingredient is legal. The
company’s proprietary NanoFusion technology surrounds oils and
solves for the insolubility of CBD. Geyser Brands will utilize its
7,000-square-foot licensed facility in British Columbia for the
manufacturing and international distribution of its hemp and
CBD-based products. For more information, visit the company’s
website at www.GeyserBrands.com.
About CannabisNewsWire (CNW)CannabisNewsWire
(“CNW”) is a specialized information service that (1) aggregates
cannabis news, (2) provides CannabisNewsBreaks that quickly updates
investors in the space, (3) enhances corporate press releases, (4)
helps companies with distribution and optimization of social media,
and (5) delivers comprehensive corporate communication solutions.
CNW is uniquely positioned in the cannabis market with a strong
team of journalists and writers who can help private and public
companies reach a wide audience of investors, consumers,
journalists and the general public through our ever-growing
dissemination network of more than 5,000 key syndication outlets.
CNW is bringing unparalleled visibility, recognition and content to
the cannabis industry.
For more information please visit
https://www.CannabisNewsWire.com.
Please see full terms of use and disclaimers on the
CannabisNewsWire website applicable to all content provided by CNW,
wherever published or re-published: http://CNW.fm/Disclaimer.
Forward-Looking StatementsThis release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future
performance of the company. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating
such statements, prospective investors should review carefully
various risks and uncertainties identified in this release and
matters set in the company's SEC filings. These risks and
uncertainties could cause the company's actual results to differ
materially from those indicated in the forward-looking
statements.
Corporate Communications:
CannabisNewsWire (CNW) Denver, Colorado
www.CannabisNewsWire.com303.498.7722 Office
Editor@CannabisNewsWire.com
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