BIG GRCU UPDATES! Hammer
Green Cures & Botanical Distribution Inc. (GRCU) Announces Shareholder Update
LOS ANGELES, CA / ACCESSWIRE / June 14, 2016 / Green Cures & Botanical Distribution Inc. (OTC Pink: GRCU) today is excited to announce the company's renewed strength and focus towards executing its business model throughout the end of the year.
GRCU has been diligently focused on its vertically integrated business model by taking advantage of the exploding cannabis and hemp industry. There are three key areas of our business model rapidly moving forward.
The first is the launch of our skin care line in which (GRCU) develops, produces and distributes premium hemp based products in the following categories: Skin Care, Beauty, Fashion and lifestyle goods branded under the Original Hollywood Hemp™ brand. These products can now been viewed on our newly launched website www.originalhollywoodhemp.com and will be available for purchase and distribution in the summer of 2016.
In 2016, the global skincare market is estimated to be worth about USD 121 billion. In 2017, this figure is expected to jump to $127 billion, in 2018 it will increase to $133 billion, in 2019 it will increase further to $140 billion, in 2020 it will be $147 billion and in 2021 it will reach $154 billion (Source: Statista)
The second facet to our revenue producing model will be our beverage division. GRCU will utilize all natural ingredients, some of the beverage line will include hemp infused ingredients, both bringing a fresh an innovative product to market. Additionally, these beverages will be branded with internationally known famous sports stars and rock legends to position itself in a manner to leverage its celebrity branded beverages produced through its ICONIC Beverages Collection.
The third is the acquisition. Green Cures & Botanical Distribution Inc. is currently working to acquire additional products as well. Currently, management is in negotiations with a nationally known skin care company who has a strong footprint in the health and wellbeing of skincare.
Joe Tragesser, Green Cures & Botanical Distribution Inc. CEO states, "We have been purposefully working to acquire and negotiate partnerships which will aid in GRCU's growth and stability. I am very excited about the opportunities GRCU has been presented with as we have been working very hard towards achieving our goals and taking our company to the next level." Mr. Tragesser further stated, "Our top priorities are to accelerate the company's performance and advance GRCU's evolution to expand business partnerships and make strategic decisions that enhance GRCU's potential. We will continue to keep all shareholders informed of all activity that is taking place."
