InnerScope Hearing Technologies (OTCQB:
INND) Successfully Launches its CBD Oil Product
Full Spectrum CBD Oil Tincture
Concentrate Dietary Supplement designed for the 93 Million strong
U.S Market to be distributed through multiple sales channels
including 15,000 U.S. Retail Hearing Aid
Dispensaries
ROSEVILLE, CA. --
June 24, 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, ("Hearing
Products") Hearing Related
Treatment Therapies, Doctor-Formulated
Dietary Hearing Supplements and proprietary CBD Oil ("Hearing
Health Products") (collectively "Hearing Product Portfolio")
announcing it has
launched its own label of CDB Oil, (also referred to as Hemp
Extract) ("CBD Oil") a dietary supplement designed and marketed to
the estimated 93 million current U.S. population
(based on United States
Demographic Profile 2018) 55+ age demographic
who may desire the benefits from using CBD Oil.
InnerScope's CBD Oil
is developed and distributed by "InnerScope Hearing Health", a
division of InnerScope for the development and
distribution of Hearing Related Treatments, Therapies, and
Nutritional
Hearing
Dietary Supplements. InnerScope initially launched its CBD Oil on
its DTC InnerScope Hearing
Health (www.InnerScopeHearingHealth.com)
eCommerce website and is
distributed and sold through its own Audiological Hearing Aid
Retail Clinics in Northern California. InnerScope also plans to
market and distribute its branded CBD Oil to an estimated 15,000
Audiological and Hearing Aid Retail Clinics in the U.S
("Audiological Market").
Additionally,
InnerScope's plans on its CBD Oil to be distributed and sold
through multiple sales channels, including major Pharmacies chains
and "Big Box" Retailers ("Major Distribution Partners"). With
InnerScope's previous announced
Agreement with AsSeenOnTV.pro to produce Direct
Response TV ("DRTV") and Brand Response TV
("BRTV")
commercials featuring Kevin
Harrington, specifically
targeted
to the to the tens of millions of
people 55 an older,
InnerScope
expects
its sales of CBD Oil to grow into the tens of millions of
dollars.
The
CBD Oil wellness market
has skyrocketed especially with the growing popularity among the
55+ age demographic. With sales of CBD Oil predicted to be over $22 billion
dollars in three years, InnerScope believes
its CBD Oil will immediately gain brand loyalty among its targeted
market audience of age 55+ through the messaging and branding
using BRTV combined with the validation of being sold through
a well-establish and well-trusted professional Audiological
Market.
InnerScope's CBD Oil
is legal to be sold and distributed in all 50 states. It is a Full
Spectrum CBD Oil Tincture Concentrate, which is a 100% pure and
natural tincture
containing Cannabidiol
and 60+
other naturally occurring cannabinoids and terpenes derived from
the stalks and stems of industrial hemp plants in a convenient 1000
mg 30ml size that delivers all the benefits that cannabis can
provide with no psychoactive effect and no
added chemicals or dyes.
Presently, the most
common uses for CBD Oil are to assist with pain, stress, anxiety,
sleep, and inflammation. InnerScope believes based on a growing
number of anecdotal evidence of the benefits using CBD Oil
for people who may
suffer from Tinnitus (ringing in the ears) or who may have
Ménière's
disease
(a disorder of the
inner ear that can lead to dizzy spells (vertigo) and hearing
loss). Currently, unless
FDA approved, (as with the recent FDA approval of CBD
Oil for epilepsy) CBD
Oil including InnerScope's branded CDB Oil, does not address any
specific medical conditions or symptoms or help cure any disease
state and/or any specific symptoms that maybe related or not to any
disease state symptoms to include Tinnitus and
Ménière's
disease.
However, CBD Oil has been tested
thoroughly through
many scientific and clinical studies and has shown that it could be
a therapeutic for many conditions, including chronic pain, cancer,
anxiety, diabetes, depression, rheumatoid arthritis, PSTD,
sleep disorders, alcoholism, cardiovascular disease,
antibiotic-resistant infections, neurological ailments and many
more conditions. For more information about CBD, please
visit: https://www.projectcbd.org/
"InnerScope is proud to offer its own brand of a health and
wellness product with its CBD Oil," said Matthew
Moore, CEO of InnerScope Hearing Technologies. "We
believe we can make a huge impact on the 55+ age market by growing
the demand for using CBD Oil for hearing
health."
"The
hearing healthcare industry caters almost exclusively to the 93
million 55+ age U.S. market segment. These 93 million people
are generally more inclined to seek help or are looking for a
solution to what ever is ailing them. With
the addition of CDB Oil to our extensive Hearing Product Portfolio,
(believed to be the only hearing healthcare company to do so)
InnerScope is well-positioned within the Audiological Market to not
only help to the tens of millions of people to hear better
but also to help them feel better. Its no wonder the sales of CBD
Oil is exploding, there is an
ever-growing
number of people deciding to use CBD Oil on a daily basis to help
supplement their overall health and well-being. We saw a
great an opportunity to
enter into this space but also recognized the additional hearing
health benefits we can deliver. It just makes sense for
InnerScope to offer its own branded CBD Oil to the 48 million U.S.
hearing impaired community as part of their overall Hearing
Healthcare Solution. We are confident our brand of CBD Oil will be
well received within the Audiological Market by the hearing
healthcare practitioners' and their patients alike,"
Mr. Moore
concluded.
About InnerScope Hearing Technologies
InnerScope Hearing
Technologies (OTCQB:
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, Sears.com
and
Kmart.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
clinicsaid
audiological and
retail hearing . 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
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
Walmart.com
Sears.com
Kmart.com
based on United States
Demographic Profile 2018
InnerScope Hearing Health www.InnerScopeHearingHealth.com
previous announced
Agreement
AsSeenOnTV.pro
Kevin Harrington
predicted to be over $22 billion
dollars in three years
https://www.projectcbd.org/
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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