InnerScope Hearing Technologies (OTCQB: INND) To Distribute CBD Oil & Nutritional Hearing Supplements
March 11 2019 - 8:00AM
InvestorsHub Cannabis NewsWire
InnerScope Hearing Technologies (OTCQB: INND) To Distribute
CBD Oil & Nutritional Hearing Supplements
Relief products aimed at Tens of Millions suffering from
Tinnitus and other hearing related disorders
ROSEVILLE, CA --
March 11, 2019 -- InvestorsHub NewsWire -- InnerScope
Hearing Technologies
Inc. (OTCQB:
INND) ("InnerScope")
a
manufacturer and
Direct-to-Consumer ("DTC")
distributor/retailer of FDA-Registered Hearing Aids, Personal Sound
Amplifiers Products and Hearing Related Treatment Therapies,
("Hearing
Devices &
Hearing
Health Products") announced today
plans to distribute its own label of CDB Oil (also referred to as
Hemp Extract) a dietary supplement for people who suffer from
Tinnitus (ringing in the ears) and Other Hearing Disorders.
Additionally, InnerScope, has developed and
will distribute its own doctor-designed proprietary line of
Nutritional Hearing Dietary Supplements to help people with hearing
problems maintain the levels of vitamins, minerals as well as
promoting better cognitive function for age related hearing loss.
InnerScope's CBD Oil and its
Nutritional Hearing Dietary Supplements ("Hearing Health
Products") is developed and
distributed by "InnerScope Hearing
Health", a newly formed
division of InnerScope for the development and distribution of
Hearing Related
Treatments, Therapies, and Nutritional
Hearing
Dietary Supplements. InnerScope plans to launch the Hearing Health
Products beginning April 2019. The Hearing Health Products will be
sold through multiple sales channels including
InnerScope's eCommerce websites
and its Audiological Hearing Aid Retail locations. Moreover,
InnerScope will be working with all the Big Box Retailers to
distribute and sell the Hearing Health Products through their
eCommerce websites and retail locations nationwide.
CBD Oil
by InnerScope Hearing Health ("IHH")
at
www.TinnitusCBD.com, is a Full Spectrum
CBD Oil Tincture Concentrate that is a 100% pure and natural
tincture in a convenient 1000 mg 30ml size, which
provides
fast relief of symptoms without any added chemicals or dyes. CBD
Oil by IHH contains
Cannabidiol and 60+ other naturally occurring cannabinoids and
terpenes derived from the stalks and stems of industrial hemp
plants that delivers all the benefits that cannabis can provide
with no psychoactive effect and is legal to be sold
and distributed in all
50 states.
Based on
a growing number of anecdotal evidence
of the
benefits using CBD Oil for people who may suffer from Tinnitus or
who may have Mnire's disease
(a
disorder of the inner ear that can lead to dizzy spells
(vertigo) and hearing
loss). The American Tinnitus Association estimates nearly 50
million Americans experience some form of Tinnitus and roughly 20
million people struggle with burdensome chronic Tinnitus, while 2
million have extreme and debilitating cases. In addition to
Tinnitus sufferers, Mnire's disease,
according
to National Institute on
Deafness and Other Communication Disorders ("NIDCD")
estimates
615,000 individuals in the United States alone are currently
diagnosed with Mnire's disease.
Presently, the most
common uses for CBD Oil are to assist with pain,
stress,
anxiety,
sleep, and
inflammation.
Studies
have shown that Tinnitus, anxiety, and stress have all been
researched as having a strong link to one another.
CBD Oil
has been tested and medically proven to assist individuals with
anxiety and stress to reduce their symptoms. It has
also
been
shown that individuals who suffer with increased levels of stress
and anxiety regard their Tinnitus as
having worsened as a result of purely focusing on the issue,
whereas individuals who have a more neutral and calm persuasion on
Tinnitus, have been shown to have fewer
issues directly relating to their Tinnitus as it was with those
with high anxiety levels.
CBD Oil
by IHH
designed
for Tinnitus sufferers and Meniere's disease was created
from its Distribution and Manufacturing Agreement from
Balanced Health Botanicals ("BHB").
BHB
produces
the highest quality health and wellness products derived from hemp.
BHB is at the forefront of the #CBDMOVEMENT and is a leader
within the health and wellness space. BHB
is one of
a few select companies that were awarded the first
Certification Seals
and
has demonstrated their
commitment to providing safe and accurately labeled hemp-derived
products, such as fiber, seed and cannabidiol CBD products,
according to the Hemp Authority.
Nutritional Hearing
Dietary Supplements by IHH
located
at www.InnerScopeHearingHealth.com
was
created using a proprietary formula developed and
refined by the Founders of InnerScope ("Founders")
over the past decade. The Founders together with a Doctor of
Pharmacy (Pharm.D.) developed its Doctor-Designed proprietary
Hearing and Tinnitus formulas to
help people with hearing problems and protect their hearing from
future hearing issues.
IHH
will
initially launch three formulations, its Tinnitus Formula that has
shown to help moderate the symptoms with higher doses of specific
vitamins and minerals, its Hearing Supplement + Multi-Vitamin that
contains a proprietary blend of vitamins, minerals to promote
hearing health plus a multivitamin for senior's basic daily
requirements and its Hearing Supplement + Brain Boost, which not only
contains a proprietary blend of vitamins, minerals to promote
hearing health, but also a proprietary blend nutrients that
promotes better cognitive function.
InnerScope believes
this is still an Untapped Market for specific nutritional health
for the ears. Based off the success
of Bausch & Lomb's Eye Vitamin Line
called PreserVision
&
Ocuvite,
which according to www.statista.com produced over
$223 million in
sales in 2018
and given
its three different formulations starting at just
under $30 for a 30-day supply, InnerScope anticipates its
"Nutrition For the
Ears" may
eventually
sell
as well
as Bausch & Lomb's Eye
Vitamins.
"InnerScope is proud to take the lead in the
industry with developing and distributing new innovative
hearing health products to the Tens of Millions of people suffering
with Hearing Related Issues", said
Matthew Moore, CEO of InnerScope Hearing Technologies.
"We are also equally as proud and excited about
InnerScope's new Hearing Health
division, dedicated to the development and deployment of
Hearing Related Treatments, Therapies, and Nutritional Hearing
Dietary Supplements. InnerScope
continues to expand its portfolio of Hearing
Devices & Hearing Health Products which
allows InnerScope to participate in multiple
profit centers across several different industries and
sales channels. We believe we are the
only company in the hearing industry to achieve this
feat.
"The U.S. has seen
Cannabidiol ("CBD")
use skyrocket and gaining
popularity, especially within
senior population. Between 2014 and
2018, the sales of CBD increased by 474% and the sales are
projected to increase another 353%, which is estimated to
be $22 billion
dollars by
2022. Clearly,
people
are discovering that this all-natural, cannabis-derived supplement
is a great way to support their overall health. InnerScope expects
its line of
CBD
Oil products
will also
gain in popularity and be adopted by the
millions
of
hearing impaired
and Tinnitus
sufferers
as a viable solution to help them live better and happier lives by
assisting in their hearing health and overall
wellbeing". Mr. Moore
concluded.
About InnerScope Hearing Technologies
("INND")
InnerScope Hearing
Technologies (INND) is a rapidly expanding
consolidator of the hearing aid industry. Management is applying
decades of profitable industry experience and technology to an
antiquated and disjointed industry, unlocking scale and efficiency,
which will serve all of
InnerScope's
stakeholders. Its
direct-to-consumer model is revolutionizing the industry with its
Walmart.com relationship representing a paramount shift in the
consumption of hearing aids by the hearing impaired.
In addition,
InnerScope plans to continue to open, acquire, and operate a
physical chain of audiological and
retail hearing device clinics.
InnerScope's mission is to serve
approximately 1.2 billion people around the globe that are
suffering with 25 db
or
greater hearing loss across the entire hearing impaired
vertical from R&D
and manufacturing through direct consumer sales and services. For
more information, please visit: www.innd.com For the Most Up-to-Date
information about InnerScope Hearing Technologies (OTCQB: INND),
please visit and follow our Official Twitter account
@inndstock Page. https://twitter.com/inndstock
About Balanced Health Botanicals
Balanced
Health Botanicals (BHB) is a vertically integrated family of
brands. Producing the highest quality health and wellness products
derived from hemp. BHB is at the forefront of the
#CBDMOVEMENT and is a leader
within the health and wellness space.
Safe Harbor
This
presentation contains forward-looking statements,
which relate to future events or InnerScope Hearing Technologies
future performance or financial condition. Any statements that are
not statements of historical fact (including statements containing
the words "believes,"
"should,"
"plans,"
"anticipates,"
"expects,"
"estimates"
and
similar expressions) should also be considered to
be forward-looking
statements. These forward-looking statements are not
guarantees
of future
performance, condition or results and involve a number of risks and
uncertainties. Actual
results may differ materially from those in the forward-looking
statements as result of a number of
factors,
including those described from time to time in InnerScope Hearing
Technologies filings with the Securities and Exchange
Commission. InnerScope
Hearing Technologies undertakes no duty to update any
forward-looking statements made herein.
Contact
InnerScope Hearing
Technologies,
Inc.
Investor
Relations
Info@innd.com
916-218-4100
www.innd.com
American Tinnitus Association
National Institute on
Deafness and Other Communication Disorders
("NIDCD")
www.statista.com
www.InnerScopeHearingHealth.com
www.TinnitusCBD.com
For the Most Up-to-Date
information about InnerScope Hearing Technologies (OTCQB: INND),
please visit and follow our Official Twitter account
@inndstock Page. https://twitter.com/inndstock
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