Linkreservations Inc., Poised to be Largest Pet CBD Company in the United Kingdom (OTC:LRSV) Announces Acquisition of www.LinkResPet.com Website and Negotiations for Distribution with Large Retailers in U.S. and Europe
London, UK -- February 27, 2019 -- InvestorsHub NewsWire -- Linkreservations Inc, the largest provider of cannabidiol (CBD) products in the United Kingdom, announces the acquisition of an e-commerce website called www.LinkResPet.com, specifically tailored for pets
"We are thrilled to add this site to our portfolio as it is the first step in a growth plan that will see Linkreservations Inc. consolidate distribution channels within the CBD space with a specific focus on CBD products for pets." Explained Rene Lauritsen, CEO at Linkreservations inc. "We are currently seeing an increase in demand for CBD pet-specific products, with more people seeking alternative treatments and health boosts for their pets. We expect the market to boom in the near short term with Europe and the US in particular becoming more active in this area, as new legislation develops".
The American Pet Products Association (APPA) estimates that Americans spent $72.13 billion on their pets in 2018, and some are expecting spending to surpass $96 billion in sales in 2020 .The growing amount of consumer expenditure in pet products along with the increasing trend in organics proves a strong point for entering the wellness pet care sector; add that to the continuous growth in CBD applications and studies in the CBD pet market and this transforms into a golden opportunity for Linkreservations Inc.
CBD has been praised for its health benefits in humans, and these applications are being seen in animals as well. At the moment, CBD is being used to treat anxiety and pain among dogs and cats without harmful side effects of some mainstream therapies. Every mammal has an endocannabinoid system (ECS), this plays a vital role in regulating the function of the brain, endocrine, and immune tissues. CBD targets this area and its compounds interact with specific receptor sites, bringing homeostasis across the body's systems.
Linkreservations Inc is producing a line of CBD products designed for cats and dogs that targets their ECS and help improve their overall wellness. Made as tasty tinctures and chewable treats, LinkResPet products ensure easy consumption and efficacy. More information on these will be available on the new website as well as information about the health benefits of CBD, the different uses in pets and further investor information.
"We are really excited about the acquisition of the LinkResPet website as it gives us a platform to share our latest news and products, keep our investors up to date with our activities while also informing the wider community about the benefits of CBD and how our products can really provide a different solution to the way they treat their pets' health", added Lauritsen.
Linkreservations has begun taking orders for its products and will generate revenue beginning in March of 2019. The company is in negotiations with several large "big box" retailers in the United States and Europe to distribute its line of products.
About Linkreservations Inc.
Linkreservations Inc is CBD Petcare provider dedicated to improving the health and life conditions of pets worldwide. Developing and marketing hemp-based CBD products for cats, dogs and horses, the Company is currently present in Europe and in the US. A pioneer in the area,Linkreservations Inc products can be found under its brand LinkResPets (www.linkrespet.com).
Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.
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