HOUSTON, TX / ACCESSWIRE / March 21, 2019 / The cannabis boom is upon us.
It's already disrupting alcohol, cigarettes, food, pharmaceuticals, and even the massive $4.2 trillion global wellness industry. Now, even major retailers are jumping on board, seeing incredible opportunities for industry growth.
DSW for example, has been running tests in its stores with CBD, announcing plans to expand such products to nearly 100 stores. Neiman Marcus is pushing ahead with CBD sales at some of its stores and online. Simon Property Group is partnering with Green Growth Brands to open 108 stores in its malls just in 2019.
As retailers see the opportunity, the cannabis story will continue to take on a life all its own.
Along the way, it's creating sizable sales opportunity for several companies, including The Yield Growth Corporation (CSE: BOSS)(OTCQB: BOSQF), Green Growth Brands Inc. (CSE: GGB)(OTC: GGBXF), and The Green Organic Dutchman (TSX: TGOD)(OTC: TGODF).
The Yield Growth Corporation's (BOSS)(BOSQF)newest cannabis wellness brand Wright & Well is launching in Oregon with products intended to relieve pain and anxiety. They will be sold through a distribution network of 400 retail cannabis stores.
The initial nine products include THC and CBD Oils, Analgesic Topical Gel with THC and CBD, Pain Balm with THC and CBD, Massage Oil with THC and CBD, and three types of capsules containing THC and Ayurvedic herbal formulations, blended with ingredients that have historically been used to treat arthritis and chronic pain.
"We are excited by the imminent launch of the Wright & Well product line in Oregon," says Yield Growth CEO Penny Green. "With our new cannabis-infused products, our goal is to reach as many people as possible who are suffering with anxiety, stress and pain. We can use the upcoming Oregon launch as a blueprint to launch this brand in other markets like California, Nevada and Canada."
For More Information on The Yield Growth Corporation (BOSS), Click Here.
Green Growth Brands Inc. (GGB)(GGBXF) is marketing its CBD personal care products under its Seventh Sense Brand. The company just opened two new CBD shops in Indianapolis Indiana, and Louisville, Kentucky. The new locations are the fourth and fifth Seventh Sense shops to open of the hundreds planned for the year.
"We are pleased with the initial performance of our shops and our eCommerce site, ShopSeventhSense.com," said Peter Horvath, CEO of Green Growth Brands. "The investments we are making in securing premium leases and in designing beautiful shop fixtures not only create amazing consumer experiences but are fantastic marketing mechanisms for our brand. With our eventual footprint of hundreds of shops in high foot traffic locations, we will be gaining exposure to millions of potential customers."
For More Information on Green Growth Brands Inc., Click Here.
The Green Organic Dutchman (TGOD)( TGODF)is developing a distribution hug for large-scale beverage and edible products that can be introduced in Canada and abroad.
"We believe that the beverage and edible market will be the largest single segment of the cannabis market. Cannabis, as the base ingredient, makes these products possible. The medicinal and recreational market for CBD and THC will only increase over time and starting with an organic input is the most important aspect to developing these higher margin products," notes TGOD President Csaba Reider.
For More Information on The Green Organic Dutchman Holdings Ltd., Click Here.
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