Cannabis-Infused and CBD Beverage Market to Reach $1.4 Billion
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / Zenith Global, a leading global food and drink consulting firm, projects that the US market for cannabis, CBD and Hemp infused drinks will grow to over $1.4 Billion by 2024, an almost fifteen times (15x) increase from 2018 sales of just $89 million. There are several options for investors looking to enter the market. One of those options that everyone on the street hasn't already loaded up on is Life on Earth, Inc. (LFER) and it's worth researching. LFER, a beverage company rolling up successful brands in taste making hotbeds of NYC and Southern California, announced its flagship Just Chill brand would be entering the CBD-and-Hemp-infused beverage space.
LFER showcased their current product lines as well as previewed their Organic CBD-Infused High Alkaline Waters and Organic Hemp-Infused Drinks at Natural Products Expo West in Anaheim, California last week. The response has been immediately well-received according to social media outlets covering the Expo. Start your research on LFER today.
Today we are highlighting: Life on Earth, Inc. (LFER), Canopy Growth Corporation (CGC), New Age Beverages Corporation (NBEV), Alkaline Water Company (WTER), and Puration, Inc. (PURA).
Life on Earth, Inc. (LFER) (Market Cap: $12.688M; Share Price: $0.3678) has established a unique business model focused on building brands within the alternative beverage category. Their brand model is complimented by strong distribution subsidiaries in New York and California. LFER recently announced that will be ready to launch their DTC (Direct to Consumer) E-Commerce platform in late Spring 2019, which will enable customers in the United States to purchase and receive the company's brands through direct home and business delivery and will bolster the company's already impressive distribution reach.
The Just Chill brand is already available in major retailers such as Krogers, HEB, Albertsons, Sprouts and many others. Just Chill was featured in a recent Washington Post article (See link below) which could help boost product demand.
Article Link: https://www.washingtonpost.com/news/voraciously/wp/2019/01/14/i-tried-a-dozen-stress-relief-snacks-tinctures-and-teas-so-why-am-i-still-anxious/?utm_term=.39bc5cbe0ad9
Canopy Growth Corporation (CGC) (Market Cap: $9.398B; Share Price: $46.76), a Canadian Cannabis producer, has received a $4 billion investment from Constellation Brands to enter the cannabis infused beverage space. Last week, the company announced a deal with Martha Stewart, who will produce pet and retail products infused with CBD and THC under her brand name.
New Age Beverages Corporation (NBEV) (Market Cap: $413.940M; Share Price: $5.50), a US- based energy and natural beverage manufacturer, announced in the fall of 2018 its entry into CBD infused beverages. At the end of 2018, NBEV launched its Noni+Collagen product and announced that within its first two months of sales, generated over $4 million in revenue in initial test markets.
Alkaline Water Company (WTER) (Market Cap: $99.465M; Share Price: $2.87) announced that it had launched the first phase of its "A88 Infused Beverage Division" product line, which will encompass hemp-infused alkaline water products. Alkaline88, WTER's primary alkaline water brand, is already sold in over 47,500 retail locations nationwide in all 50 states, including 9 of the top 10 largest retailers in the United States.
Puration, Inc. (PURA) (Market Cap: $50.960M; Share Price: $0.08935), a US-based manufacturer and distributer of cannabis infused water, announced that it had generated over $1million in sales for 2018. PURA was one of the first companies to enter the infused beverage space, as it launched its EverX CBD Sports Water in 2017.
This article was written by Regal Consulting, LLC ("Regal Consulting"). Regal Consulting has agreed to a three-month term consulting agreement with LFER dated 02/05/19. The agreement calls for $10,000 cash and 100,000 restricted shares of LFER per month. Regal is awaiting payment in the amount of $5,000 cash and 50,000 restricted 144 shares of LFER for February Additional Services. 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. LFER 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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