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In U.S. for 2018, US$72.56B was spent on pets with US$18.1B attributed to vet care and US$30.3B spent on food (American Pet Products Association, 2018). The pet market is being driven by increasing pet humanization trends and increasing dog ownership.
Jefferies has projected that the cannabis industry will be worth US$130.0B in a decade if the industry expands to sectors such as alcohol, health and wellness and pet care.
I been already all over socials
Relax and keep a close eye on volume/news
Interest will come back on the way up
Will go up faster than it went down
Will bounce back above a dime easy
The Next Gold Rush Is the $22 Billion CBD Business
It appears that CBD is everywhere. In America, the CBD industry is booming and in Europe
Today, across the U.S., hemp is grown to produce CBD, a non-psychoactive cannabinoid that has become one of the most talked about and least understood ingredients in the marketplace.
The company (ETII) intends to work closely with veterinarian doctors attending trade shows, and launching national campaigns to penetrate the market. Along the way we will educate the public on safe and natural ways to treat their pets.
“When your pet gets sick, you want the best treatment available and the products we are developing will offer better, more effective and safer medicinal options for pets than traditional pet health products.”
“Much has been written lately about CBD products and the numerous applications for humans and pets, which has raised consciousness of CBD’s therapeutic value. Our CBD products are all cannabidiol-based, which means they are not psychoactive and are safe for pets,” said Joe De Leon, CBD’s President.
Last year the company confirmed that its subsidiary, CBD Health Co., (www.cbdhealthco.com), a company that markets and sells high quality and proprietary hemp-based, natural CBD health products, is progressing in its hemp-based pet supplement products development.
The company is in a good position to take advantage of the burgeoning Hemp/CBD Pet industry.
“We are pleased with both the prospects in the domestic and international cannabis production industry, and our relationship with Pacific CA. In addition to Pacific CA’s large footprint in the NW fruit and agricultural market, Jim and his team have been selling and servicing the Washington medicinal CBD and cannabis market since legalization,” added Waters. “We are all focused and dedicated to addressing these growing market opportunities in the CBD, hemp and cannabis industries.”
“Mold and fungal presence in grow rooms as well as outside grow facilities is not only dangerous but also negatively affects the plant’s growth cycle, killing large portions of the crop and leaving bacterial residue on the plants and facilities. This reduces the growth and the ultimate yield. The problem is that there is no real non-toxic solution to eliminate mold and fungal growth in grow facilities.
“What hasn’t been covered as much is the potential and existence of fungal and contaminants that are prevalent in nearly all phases of plant growth, harvest, and post-harvest product processing of hemp and cannabis,” said Gaylord Karren, ETI’s President.
Earlier this year, the company announced that it was preparing to introduce new technology to licensed cannabis growers in the northwest that will help eliminate growth-impeding pathogens and stimulate harvest yields.
A number of new technologies are already reshaping the industry, or are on the verge of doing so.
Agree news + volume that's all we need
when volume comes in itll get back above 0.10 very fast
Hopefully soon so interest comes back
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