HENDERSON, NV / ACCESSWIRE / March 13, 2019 / With legalization efforts spreading around the globe the cannabis industry continues to grow at a higher rate than most major industries. According to data compiled by MarketsandMarkets research, the global cannabis market is expected to grow from USD 10.3 Billion in 2018 to USD 39.4 Billion by 2023.
One potential leader in this growing market segment is Real Brands, Inc. (RLBD). RLBD has strong management with a solid background in branding and the beverage industry and plans to expand their holdings focusing on at least three CBD Categories: smokables, edibles and topical balms and lotions. The company just updated their logo and e-commerce website, suggesting they may be getting ready to roll out their new line of Hemp beverages. Start your research today.
Today we are highlighting: Real Brands, Inc. (RLBD), Harvest Health and Recreation Inc. (HRVSF), Terra Tech Corp. (TRTC), Canopy Growth Corporation (CGC), and Scotts Miracle-Gro Company (SMG).
Real Brands, Inc. (RLBD) (Market Cap: $12.644M; Share Price: $0.0955) is launching a CBD beverage called Omega Hemp™ Water. The company is very close to its next production run, meaning there could be major news on the way. The audit on the horizon means this could also be another major event for investors to pay attention to.
The company just announced that they have engaged an accounting firm that is registered with the Public Company Accounting Oversight Board (PCAOB) to complete their two-year audit which could make the company desirable to larger investors. Now's the time to research RLBD.
Harvest Health and Recreation Inc. (HRVSF) (Market Cap: $489.081M; Share Price: $7.237) said Monday that it plans to buy rival cannabis company, Verano Holdings LLC, for $850 million in stock. Harvest Health trades on the Canadian Securities Exchange and over the counter in the U.S. and went public in November on the CSE.
Terra Tech Corp. (TRTC) (Market Cap: $122.663M; Share Price: $1.32) announced the company has agreed to acquire the remaining stake in the Blüm Reno dispensary in Nevada. Under the agreement, Terra Tech will increase its stake in the Reno, Nev.-based dispensary to 100% from 50%. The acquisition includes the Blüm dispensary's cannabis licenses as well. The company also recently completed the renovations on their Oakland facility.
Canopy Growth Corporation (CGC) (Market Cap: $9.398B; Share Price: $46.76) reported Q3 financials recently of revenue rising by 282% in the quarter. The company sold over 20,000 pounds of cannabis in the quarter, a 334% increase from Q3 2018. However, the company still took losses, which is why companies like Canopy could benefit from services like CLSK's microgrid solution.
Scotts Miracle-Gro Company (SMG) (Market Cap: $4.493B; Share Price: $81.17) entered the cannabis industry through their subsidiary Hawthorne Gardening subsidiary went on a shopping spree with a string of acquisitions. Now, Hawthorne is the largest supplier of hydroponics solutions to U.S. marijuana growers. The company also supplies products including fertilizers, lighting systems, irrigation systems, and ventilation systems.
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three-month term consulting agreement with RLBD dated 8/31/18. The agreement calls for $100,000 note issued to Regal Consulting, and 2,500,000 restricted 144 shares of RLBD for three months of service. Regal has elected to convert $73,000 of principal of the $100,000 note into 2,761,872 Restricted 144 shares of RLBD. Regal Consulting has agreed to a twelve- month term consulting agreement with RLBD dated 1/4/2019. The agreement calls for $10,000 in cash and 500,000 shares per month. All payments were made directly by Real Brands, Inc. to Regal Consulting, LLC. to provide investor relations services, of which this article is a part of. Regal Consulting also paid one thousand dollars cash to microcapspeculators.com to distribute this article. Regal Consulting may have a position in the securities mentioned in this article at the time of publication, and may increase or decrease its position without notice. This article is based on public information and the opinions of Regal Consulting. RLBD was given an opportunity to edit this article. This article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any results predicted herein. Regal Consulting is not registered with any financial or securities regulatory authority, and does not provide or claim to provide investment advice.
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