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Will HVT acquire Hempistry?
Will SGMD Acquire HRVOF next ?
"see you at the shareholder meeting!" sylvestor the accredited investor
Expedia confirms mixed egg ceo's flight reservation 05/15/19
We need sleeks to reiterate in his pants
Boom 6 million Dollars paid out 05/01/2019 !
Bizright will be compensated Two hundred million (200,000,000) common shares. Sugarmade will compensate BizRight and its owners six million dollars ($6,000,000) in cash. The amount due will be divided over 3 payments equally and are contingent upon the filing of the S-1 and significant funding.
As of June 30, 2018, the shares to be issued in connection with the acquisition of exclusive license rights has not been issued therefore the transaction has not been completed. $350,000 in cash has been paid and reflected as a prepaid deposit in other current assets on our balance sheet, see Note 6.
SGMD Hires Hemp Scientist 05/09/19 !
https://ak5.picdn.net/shutterstock/videos/12058115/thumb/1.jpg
"come and get it!" sylvestor the accredited investor
I love the Dream Water going to Reorder more today !
quarterly report is going to be wonderful (05/31/19)
Offer Revenue Guidance on March 30th for Rapid Cannabis Sector Growth – Begins to Recognize Revenues From Multiple New Revenue Streams
City of Industry, CA -- March 20, 2018 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTC:SGMD) one of the largest publicly traded cannabis-related hydroponics supply companies, today announces a significant milestone for the Company with the beginning of revenue recognition relating to its master marketing agreement with cannabis cultivation and hydroponic supplier, BizRight Hydroponics, Inc.
The Company is now recognizing revenue under this new agreement with the month of April expected to be the first full month of reporting. Sugarmade expects to see rapid growth in realized revenues throughout the June quarter and throughout fiscal 2018.
Jimmy Chan, Sugarmade CEO commented, “Preparing to grow a company at a rate in excess of that of the hyper-growing cannabis marketplace has taken a significant amount of planning. I am happy to report we have now implemented the critical components of our internal systems, installed a very talented pool of individuals, and meaningfully enhanced our financial reporting and controls, allowing us to begin booking revenues from multiple new revenue streams, most of which are directly related to cannabis cultivation. Sugarmade has now completed its 2017 audit and financial reporting, freeing its staff to soon report the two completed quarters of fiscal 2018. For the foreseeable future, we expect to see revenue growth rates well in excess of the overall cannabis marketplace. We will be outlining these expectations after the market closes on March 30th.”
The rapid growth in cannabis cultivation is expected to drive Sugarmade’s revenue growth for the next few years as more California State’s licenses are approved and additional States open up to medical and recreational cultivation and usage of cannabis. While the California and other West Coast marketplaces are driving a meaningful portion of the Company’s growth, revenue growth is being realized from almost all regions within the United States and Canada.
About Sugarmade, Inc. (OTC:SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, BudLife™ Cannabis Storage Solutions, CaliGrownSupplies.com, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product. For more information on the Company's products, please visit http://www.Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
For inquiries please contact
Jimmy Chan
+1(888) 982-1628
info@Sugarmade.com
Sugarmade: It's Going to be a Busy 2018 - Increased Demand as Cannabis Cultivators Receive Licenses
City of Industry,Calif. -- January 18, 2018 -- InvestorsHub NewsWire -- The January 1, 2018, legalization of recreational cannabis within the state of California is already having a positive impact on the businesses of Sugarmade and BizRight Hydroponics, Inc. The two companies are currently in process of implementing a master marketing agreement, creating one of the largest publically traded cannabis and hydroponics supply companies. While the California market, considering its strong economic clout is certainly important, many other states are also now beginning to issue cultivation licenses, adding additional fuel to the already growing cultivation supply market.
Mr. Jimmy Chan, CEO of Sugarmade, commented, "2018 will certainly be very busy for our Company. We could not be more pleased with the growth we are seeing from almost all geographic areas, but California is clearly developing into a marketplace that is exceeding even our very positive previous expectations."
In California, a cultivator must first obtain a local cultivation license before applying for a state license. Through January 13, 2018, the California Department of Food & Agriculture had issued only 442 temporary cannabis cultivation licenses, however, there are thousands of applications still pending at the city and country level. Thus, the number of state issued licenses is expected to grow dramatically over the coming months.
Mr. Chan continued, "We are especially excited about the increase in business being seen from California commercial growers as both local and state licenses are now being issued. We are already seeing an increase in demand even though only 442 licenses have been issued thus far by regulators, but there are thousands of additional licenses still pending. Nearly all of these cultivators will need supplies and as one of the largest suppliers with product lines for both indoor and outdoor cultivation, we think we are very well positioned to realize further acceleration in demand. Thus, we are in process of revising our internal revenue estimates for 2018 and beyond. We expect to provide formal guidance over the coming weeks."
While the California market is very exciting, there many other cultivation markets expected to come online during 2018. States such as Florida, Texas, Arkansas, New Mexico, Alaska, Vermont and Pennsylvania, among others, are also experiencing a cultivation license backlog.
Sugarmade is currently expanding its staffing, especially related to finance and accounting, in order to prepare for the significant increase in business the companies are expecting. BizRight produced in excess of $30 million in revenues during 2017, with substantial growth expected for 2018. Sugarmade expects to provide detailed revenue guidance to its investors over the coming weeks, but is preliminarily expecting revenue for 2018 to top $40 million.
BizRight Hydroponic, Inc. is a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS Bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and other cannabis-related grow and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties, and sells various products to distributors and retailers.
Please reference the recent disclosures recently filed by Sugarmade, which are available at www.sec.gov. Additional information can be seen at www.Sugarmade.com and www.Zenhydro.com.
About Sugarmade, Inc. (USOTCQB:SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, BudLife Cannabis Storage Solutions, CaliGrownSupplies.com, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product. For more information on the Company's products, please visit www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Sugarmade in Acquisition Discussions-Files Disclosure Statement Concerning Upcoming Special Shareholder Meeting
Monrovia, CA -- August 28, 2018 -- InvestorsHub NewsWire -- via NetworkWire Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces the filing of a disclosure statement with the Securities & Exchange Commission concerning possible acquisitions by the Company. Sugarmade has begun formal acquisition negotiations with two companies that provide online and retail hydroponic and other agricultural cultivation supplies.
Mr. Jimmy Chan, CEO of Sugarmade commented, "The hydroponic supply sector is still highly fragmented with many of the larger players not likely to reach public company liquidity events for the original entrepreneurial teams. We have entered into talks with at least two of these companies for acquisition, which we believe will be highly accretive for common Sugarmade shareholders and additive to our already robust top line growth rate. We wanted to publicly disclose these discussions to ensure that all shareholders have equal access to our direction, thus our recent public filing."
On August 21, 2018, the Company filed Schedule 14-A with the Commission calling for a special shareholder meeting at 750 Royal Oaks Drive, Monrovia, CA 91016, on October 10, 2018 at 8:00 a.m., Pacific Time. The purpose of the meeting is to: 1. To approve an amendment to the Articles of Incorporation to increase our authorized capital 300,000,000 common shares to 2,000,000,000 common shares 2.To approve the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies; an 3.To transact such other business as may properly come before the meeting, or any postponement or adjournment thereof. Management of the Company believes this shareholder vote is important as a vote in favor of the increase will allow the Company to facilitate the possible transactions outlined above.
Sugarmade's filing, referenced above, can be view at www.sec.gov.
About Sugarmade, Inc. (OTC:SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions. For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
SeeThruEquity Initiates Coverage on Sugarmade, Inc.
Monrovia, CA. -- September 12, 2018 -- InvestorsHub NewsWire -- Sugarmade, Inc. (USOTC:SGMD), one of the largest publicly traded hydroponics supply companies, today announced SeeThruEquity has initiated coverage on the Company with a price target of $0.30, with the reporting adding, "Sugarmade appears well-positioned to target the large and growing opportunity to supply hydroponics equipment and supplies to the legal cultivation market in the United States through its master marketing agreement with BizRight."
Jimmy Chan, CEO of Sugarmade commented, "Having Sugarmade highlighted by SeeThruEquity is important to this management team. Over the past two years, Sugarmade has almost completely restructured. We have entered one of the fast growing sectors of the American economy, reduced debt levels, added a significant number of personnel, moved our headquarters, and most importantly, positioned our Company for substantial growth. Based on our growth rates, we now believe our $30 million revenue guidance for next year is very conservative. We welcome SeeThruEquity's research coverage and look forward to supplying its analyst a steady stream of news on high quality developments regarding our progress.
SeeThruEquity analysts have placed a price target on Sugarmade common shares at $0.30, which represents a potential upside of 130.8% from the recent price of $0.13 on September 3, 2018. In the report, the firm further outlines expectations for the market in the 29 US states where regulations and laws have been relaxed. The outlook is impressive with the market expected to grow from $9.2 billion in 2017 to $47.3 billion by 2027. The report can be viewed at http://www.seethruequity.com.
Mr. Chan continued, "We share SeeThruEquity's view of our chosen marketplace. We see continued growth in the states that have already opened up to legalization and additional growth as the remaining states and Europe relax regulations."
About Sugarmade, Inc. (USOTC:SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Storage Solutions. For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
SUGARMADE REITERATES $30 MM REVENUE GUIDANCE WITHIN CANNABIS MARKETPLACE
City of Industry, CA --InvestorsHub NewsWire -- Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies, reiterates its $30 million revenue guidance for next fiscal year after filing results for fiscal Q2 2018. Additionally, the Company is announcing today the termination of its culinary business line in order to increase emphasis on its hyper-growth market opportunities.
Sugarmade continues on a strong growth trajectory, which is expected to allow the Company to produce revenue of at least $30 million for the fiscal year ending 2019, representing annual growth of over 500%. The aggressive growth rate is being driving by rapid expansion within the cannabis marketplace, in particular the cannabis cultivation sub-sector, where a majority of the Company's products are focused.
"Over the past year, we have significantly enhanced our operational staff and our internal systems preparing for our rapid growth. With these changes, we believe we are optimally sized, but we want to ensure we are able to manage our aggressively planned growth rate. To this end, we have determined our culinary products are no longer strategic to our goals and thus we are terminating the marketing of these products in order to increase our focus on our highest growth product areas, which is the cultivation-related cannabis sector," commented, Jimmy Chan, CEO of Sugarmade.
Today, Sugarmade filed its financials for its fiscal Q2 of 2017, with the Company planning on filing its remaining outstanding fiscal quarter over the very short term, thus restoring the Company to fully reporting status. Mr. Chan continued, "We believe our growth induced reporting challenges are now over allowing this management team to demonstrate to our investors the aggressive growth we already realizing and expect to report over the near term."
About Sugarmade, Inc. (OTC:SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions. For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or info@Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
> Dow Jones Newswires
(HRVOF HVT.V IONC.L POT.L) Move Over Craft Beer and Coffee, Cannabis Beverages Are The Next Big Thing -- CFN Media
9:02 AM ET 5/2/19 | Dow Jones
Seattle, Washington--(Newsfile Corp. - May 2, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering the exciting and emerging cannabis beverage market. The craft beer industry has experienced unprecedented growth across the United States with more than 7,000 microbreweries generating upwards of $26 billion in annual revenue, according to Statista. While these beers account for just over 10% of beer sales, those figures jump to nearly 60% when looking at the Millennial population. These same trends exist in other craft markets, such as the market for high-end coffees and teas.
The legalization of cannabis has the potential to dramatically reshape these markets. In recreational markets, such as craft beers, the infusion of tetrahydrocannabinol (THC) could create new experiences for consumers without the adverse side-effects of alcohol consumption. In wellness markets, such as craft teas, the infusion of cannabidiol (CBD) could provide a wide range of potential added benefits to support healthier lifestyles.
The cannabis industry is projected to surpass $146.4 billion by 2025, according to Grand View Research, driven by the liberalization of cannabis regulations around the world. While most of this growth has come from cannabis flower, there's no doubt that cannabis oils and concentrates are the fastest growing subset of the market. And, cannabis beverages could become the fastest growing subset of that concentrates market in short order.
Zenith Global believes that cannabis-infused beverages could become a $1.4 billion market by 2023-up from just $89 million last year. Cannabis infused beers and teas are just the beginning-THC and CBD are being infused into sodas, ciders, wines, spirits and even bottled water with concentrations ranging from 2.5 milligrams to more than 100 milligrams. Many of these products are already on the market in the United States where legal.
Growing Interest in the Space
Many large beer companies were unprepared for the rise of craft beer, but beverage giants aren't about to make the same mistake with cannabis. While the alcohol industry has already made sizable investments and inroads into the industry, non-alcoholic beverage companies are increasingly taking a look at CBD-infused products as a way to target the rapidly growing functional beverage subset of the market.
Coca-Cola Co. was rumored to be in talks to acquire a line of CBD-infused beverages in the recent past. While the company decided to hold off for now, the decision to remove hemp from the Controlled Substances list could open the door once again. Hemp-based CBDs could enjoy more widespread adoption without these onerous regulations and ultimately open the door to more mainstream availability.
On the recreational side of the business, Constellation Brands Inc. invested more than $4 billion into Canopy Growth Corp. in exchange for a 38% equity stake with warrants capable of bringing the total to more than 50%. Molson Coors Brewing Co. and Heineken NV also made strategic acquisitions and partnerships in the emerging cannabis space ahead of these trends.
Investing in Cannabis Beverages
There are many different companies focused on cannabis-infused beverages for both recreational and wellness purposes.
Weekend Unlimited Inc. (CSE: POT) (FSE: 0OS1)(OTCQB: WKULF) acquired Verve Beverage Company earlier this year to enter the emerging cannabis-infused beverage space. In addition to Verve Energy, the Company has developed a premium CBD infused energy drink line under the CHAMP brand, which will be targeted to active audiences. In alignment with those audiences CHAMP Energy is the official energy drink of the San Jose Sharks. Verve energy has strong brand awareness with previous widespread distribution across North America that generated $236 million in direct-to-consumer sales. The portfolio's market recognition and positioning could provide a durable competitive advantage in the lucrative functional beverage space.
Last year Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF) acquired Dream Water and Dream Water Canada, which has developed a natural, 2.5oz, 0-calorie, liquid sleep shot that's sold online and in over 30,000 North American retail outlets including Shoppers Drug Mart, Walmart and Kroger. The company has already begun formulation work on a CBD-infused version of the product that's designed to promote a wide range of potential benefits, such as pain relief and anti-anxiety effects. These products would leverage the same distribution channels that already exist.
Please click here to receive an investor deck and corporate updates on Harvest One Cannabis Inc.
Ionic Brands Corp. (CSE: IONC) recently entered the cannabis-infused beverage space with two highly sought-after coffee and tea patents. The two patents enable the production of ISO-certified products that are tasteless, 100% water soluble, and capable of hosting THC and CBD compounds. These attributes are ideal for the craft coffee and tea market, which already generate billions in annual sales around the world. Single-serve coffee could be an especially compelling target for companies in the space.
What's Next?
Cannabis-infused beverages are likely to experience significant growth over the coming years. With many new startups entering the space, there's a significant opportunity for investors to capitalize on these growth rates as many larger companies begin to look more closely at acquisitions and partnership deals in the space. These could become major catalysts for investors over the coming quarters.
Please follow the link to read the full article: https://www.cannabisfn.com/move-over-craft-beer-and-coffee-cannabis-beverages-are-the-next-big-thing...
About CFN Media
For Visitors and Viewers
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CFN Media is a leading agency and financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.
Our powerful digital media and distribution platform conveys a company's message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.
Since 2013, CFN Media has enabled the world's preeminent cannabis companies to thrive in the capital and public markets.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
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CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the 'Site') is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44487
> Dow Jones Newswires
May 02, 2019 09:02 ET (13:02 GMT)
> Dow Jones Newswires
(HRVOF HVT.V IONC.L POT.L) Move Over Craft Beer and Coffee, Cannabis Beverages Are The Next Big Thing -- CFN Media
9:02 AM ET 5/2/19 | Dow Jones
Seattle, Washington--(Newsfile Corp. - May 2, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering the exciting and emerging cannabis beverage market. The craft beer industry has experienced unprecedented growth across the United States with more than 7,000 microbreweries generating upwards of $26 billion in annual revenue, according to Statista. While these beers account for just over 10% of beer sales, those figures jump to nearly 60% when looking at the Millennial population. These same trends exist in other craft markets, such as the market for high-end coffees and teas.
The legalization of cannabis has the potential to dramatically reshape these markets. In recreational markets, such as craft beers, the infusion of tetrahydrocannabinol (THC) could create new experiences for consumers without the adverse side-effects of alcohol consumption. In wellness markets, such as craft teas, the infusion of cannabidiol (CBD) could provide a wide range of potential added benefits to support healthier lifestyles.
The cannabis industry is projected to surpass $146.4 billion by 2025, according to Grand View Research, driven by the liberalization of cannabis regulations around the world. While most of this growth has come from cannabis flower, there's no doubt that cannabis oils and concentrates are the fastest growing subset of the market. And, cannabis beverages could become the fastest growing subset of that concentrates market in short order.
Zenith Global believes that cannabis-infused beverages could become a $1.4 billion market by 2023-up from just $89 million last year. Cannabis infused beers and teas are just the beginning-THC and CBD are being infused into sodas, ciders, wines, spirits and even bottled water with concentrations ranging from 2.5 milligrams to more than 100 milligrams. Many of these products are already on the market in the United States where legal.
Growing Interest in the Space
Many large beer companies were unprepared for the rise of craft beer, but beverage giants aren't about to make the same mistake with cannabis. While the alcohol industry has already made sizable investments and inroads into the industry, non-alcoholic beverage companies are increasingly taking a look at CBD-infused products as a way to target the rapidly growing functional beverage subset of the market.
Coca-Cola Co. was rumored to be in talks to acquire a line of CBD-infused beverages in the recent past. While the company decided to hold off for now, the decision to remove hemp from the Controlled Substances list could open the door once again. Hemp-based CBDs could enjoy more widespread adoption without these onerous regulations and ultimately open the door to more mainstream availability.
On the recreational side of the business, Constellation Brands Inc. invested more than $4 billion into Canopy Growth Corp. in exchange for a 38% equity stake with warrants capable of bringing the total to more than 50%. Molson Coors Brewing Co. and Heineken NV also made strategic acquisitions and partnerships in the emerging cannabis space ahead of these trends.
Investing in Cannabis Beverages
There are many different companies focused on cannabis-infused beverages for both recreational and wellness purposes.
Weekend Unlimited Inc. (CSE: POT) (FSE: 0OS1)(OTCQB: WKULF) acquired Verve Beverage Company earlier this year to enter the emerging cannabis-infused beverage space. In addition to Verve Energy, the Company has developed a premium CBD infused energy drink line under the CHAMP brand, which will be targeted to active audiences. In alignment with those audiences CHAMP Energy is the official energy drink of the San Jose Sharks. Verve energy has strong brand awareness with previous widespread distribution across North America that generated $236 million in direct-to-consumer sales. The portfolio's market recognition and positioning could provide a durable competitive advantage in the lucrative functional beverage space.
Last year Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF) acquired Dream Water and Dream Water Canada, which has developed a natural, 2.5oz, 0-calorie, liquid sleep shot that's sold online and in over 30,000 North American retail outlets including Shoppers Drug Mart, Walmart and Kroger. The company has already begun formulation work on a CBD-infused version of the product that's designed to promote a wide range of potential benefits, such as pain relief and anti-anxiety effects. These products would leverage the same distribution channels that already exist.
Please click here to receive an investor deck and corporate updates on Harvest One Cannabis Inc.
Ionic Brands Corp. (CSE: IONC) recently entered the cannabis-infused beverage space with two highly sought-after coffee and tea patents. The two patents enable the production of ISO-certified products that are tasteless, 100% water soluble, and capable of hosting THC and CBD compounds. These attributes are ideal for the craft coffee and tea market, which already generate billions in annual sales around the world. Single-serve coffee could be an especially compelling target for companies in the space.
What's Next?
Cannabis-infused beverages are likely to experience significant growth over the coming years. With many new startups entering the space, there's a significant opportunity for investors to capitalize on these growth rates as many larger companies begin to look more closely at acquisitions and partnership deals in the space. These could become major catalysts for investors over the coming quarters.
Please follow the link to read the full article: https://www.cannabisfn.com/move-over-craft-beer-and-coffee-cannabis-beverages-are-the-next-big-thing...
About CFN Media
For Visitors and Viewers
CFN Media's Cannabis Financial Network (CannabisFN.com) is the destination for savvy investors and business people profiting from the worldwide cannabis industry. Viewers will see breaking news, exclusive content and original programming involving the people, companies and investments shaping the industry.
For Cannabis Businesses & Companies
CFN Media is a leading agency and financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.
Our powerful digital media and distribution platform conveys a company's message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.
Since 2013, CFN Media has enabled the world's preeminent cannabis companies to thrive in the capital and public markets.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
Disclaimer
CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the 'Site') is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
Contact
CFN Media
Frank Lane
206-369-7050
flane@cannabisfn.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44487
> Dow Jones Newswires
May 02, 2019 09:02 ET (13:02 GMT)
> Dow Jones Newswires
(HRVOF HVT.V IONC.L POT.L) Move Over Craft Beer and Coffee, Cannabis Beverages Are The Next Big Thing -- CFN Media
9:02 AM ET 5/2/19 | Dow Jones
Seattle, Washington--(Newsfile Corp. - May 2, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering the exciting and emerging cannabis beverage market. The craft beer industry has experienced unprecedented growth across the United States with more than 7,000 microbreweries generating upwards of $26 billion in annual revenue, according to Statista. While these beers account for just over 10% of beer sales, those figures jump to nearly 60% when looking at the Millennial population. These same trends exist in other craft markets, such as the market for high-end coffees and teas.
The legalization of cannabis has the potential to dramatically reshape these markets. In recreational markets, such as craft beers, the infusion of tetrahydrocannabinol (THC) could create new experiences for consumers without the adverse side-effects of alcohol consumption. In wellness markets, such as craft teas, the infusion of cannabidiol (CBD) could provide a wide range of potential added benefits to support healthier lifestyles.
The cannabis industry is projected to surpass $146.4 billion by 2025, according to Grand View Research, driven by the liberalization of cannabis regulations around the world. While most of this growth has come from cannabis flower, there's no doubt that cannabis oils and concentrates are the fastest growing subset of the market. And, cannabis beverages could become the fastest growing subset of that concentrates market in short order.
Zenith Global believes that cannabis-infused beverages could become a $1.4 billion market by 2023-up from just $89 million last year. Cannabis infused beers and teas are just the beginning-THC and CBD are being infused into sodas, ciders, wines, spirits and even bottled water with concentrations ranging from 2.5 milligrams to more than 100 milligrams. Many of these products are already on the market in the United States where legal.
Growing Interest in the Space
Many large beer companies were unprepared for the rise of craft beer, but beverage giants aren't about to make the same mistake with cannabis. While the alcohol industry has already made sizable investments and inroads into the industry, non-alcoholic beverage companies are increasingly taking a look at CBD-infused products as a way to target the rapidly growing functional beverage subset of the market.
Coca-Cola Co. was rumored to be in talks to acquire a line of CBD-infused beverages in the recent past. While the company decided to hold off for now, the decision to remove hemp from the Controlled Substances list could open the door once again. Hemp-based CBDs could enjoy more widespread adoption without these onerous regulations and ultimately open the door to more mainstream availability.
On the recreational side of the business, Constellation Brands Inc. invested more than $4 billion into Canopy Growth Corp. in exchange for a 38% equity stake with warrants capable of bringing the total to more than 50%. Molson Coors Brewing Co. and Heineken NV also made strategic acquisitions and partnerships in the emerging cannabis space ahead of these trends.
Investing in Cannabis Beverages
There are many different companies focused on cannabis-infused beverages for both recreational and wellness purposes.
Weekend Unlimited Inc. (CSE: POT) (FSE: 0OS1)(OTCQB: WKULF) acquired Verve Beverage Company earlier this year to enter the emerging cannabis-infused beverage space. In addition to Verve Energy, the Company has developed a premium CBD infused energy drink line under the CHAMP brand, which will be targeted to active audiences. In alignment with those audiences CHAMP Energy is the official energy drink of the San Jose Sharks. Verve energy has strong brand awareness with previous widespread distribution across North America that generated $236 million in direct-to-consumer sales. The portfolio's market recognition and positioning could provide a durable competitive advantage in the lucrative functional beverage space.
Last year Harvest One Cannabis Inc. (TSXV: HVT) (OTCQX: HRVOF) acquired Dream Water and Dream Water Canada, which has developed a natural, 2.5oz, 0-calorie, liquid sleep shot that's sold online and in over 30,000 North American retail outlets including Shoppers Drug Mart, Walmart and Kroger. The company has already begun formulation work on a CBD-infused version of the product that's designed to promote a wide range of potential benefits, such as pain relief and anti-anxiety effects. These products would leverage the same distribution channels that already exist.
Please click here to receive an investor deck and corporate updates on Harvest One Cannabis Inc.
Ionic Brands Corp. (CSE: IONC) recently entered the cannabis-infused beverage space with two highly sought-after coffee and tea patents. The two patents enable the production of ISO-certified products that are tasteless, 100% water soluble, and capable of hosting THC and CBD compounds. These attributes are ideal for the craft coffee and tea market, which already generate billions in annual sales around the world. Single-serve coffee could be an especially compelling target for companies in the space.
What's Next?
Cannabis-infused beverages are likely to experience significant growth over the coming years. With many new startups entering the space, there's a significant opportunity for investors to capitalize on these growth rates as many larger companies begin to look more closely at acquisitions and partnership deals in the space. These could become major catalysts for investors over the coming quarters.
Please follow the link to read the full article: https://www.cannabisfn.com/move-over-craft-beer-and-coffee-cannabis-beverages-are-the-next-big-thing...
About CFN Media
For Visitors and Viewers
CFN Media's Cannabis Financial Network (CannabisFN.com) is the destination for savvy investors and business people profiting from the worldwide cannabis industry. Viewers will see breaking news, exclusive content and original programming involving the people, companies and investments shaping the industry.
For Cannabis Businesses & Companies
CFN Media is a leading agency and financial media network dedicated to the cannabis industry. We help private, pre-public and public cannabis companies in the US and Canada attract capital, investors and media attention.
Our powerful digital media and distribution platform conveys a company's message and value proposition directly to accredited and retail investors and national media active in the North American cannabis markets.
Since 2013, CFN Media has enabled the world's preeminent cannabis companies to thrive in the capital and public markets.
Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany
Disclaimer
CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the 'Site') is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/
Contact
CFN Media
Frank Lane
206-369-7050
flane@cannabisfn.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44487
> Dow Jones Newswires
May 02, 2019 09:02 ET (13:02 GMT)
"accredited iv's buying in @ .005 now" sylvestor the accredited investor
" SGMD is the talk of the accredited investor community !" sylvestor the accredited investor
The Delivra Information Circular, Notice, Proxies and Letter of Transmittal is being mailed to shareholders (May 1st).
The Shareholder Meeting will be held on May 24th at 10 a.m.
The Information Circular, Notice, Proxies and Letter of Transmittal is being mailed to shareholders (May 1st).
The Shareholder Meeting will be held on May 24th at 10 a.m.
"we love the Thumb Trays at our PICNIC" sylvestor the accredited investor
"get your .03 's tomorrow !" sylvestor the accredited investor
" Soon .30 price target WE PAID FOR ! " sylvestor the accredited investor
$6,000,000 in cash to bizright 05/01/2019 ?" sylvestor the accredited investor
"see you at the shareholder meeting" sylvestor the accredited investor
Well you might add .. Notification That Quarterly Report Will Be Submitted Late (nt 10-q) be coming
When is the Conference Call?
oh my Ceo Tran's world is collapsing
".30 price target or .003 price target" sylvestor the accredited investor
25% Pop Coming
All Aboard the Harvest Choo Choo Train !
c'mon you sweet quarterly report you !
"bud life is really real!" sylvestor the accredited investor
"ceo chan on expedia for 05/15/19 flight reservation" sylvestor the accredited investor
"come and get it! a fresh batch available" sylvestor the accredited investor
"The Company is contemplating an offering of its securities" sylvestor the accredited investor
"The Company will require additional financing and is contemplating an offering of its securities" sylvestor the accredited investor