Wednesday, August 09, 2017 7:24:40 AM
HempLife Today to Enter Multi-Billion Dollar Pet Industry with New CannazALL Pets CBD products
DENVER, CO -- (Marketwired) -- 08/09/17 -- Ubiquitech Software Corp. (OTC PINK: UBQU), through its operating subsidiary HempLifeToday™, is announcing its newest product line to be sold on the new HempLifeToday.com Website. New CannazALL Pets™ will feature CannazALL™ CBD products formulated specifically for pets and will be available within the next 30-60 days.
According to the APPA (American Pet Products Association), US residents spent over 60 billion dollars on pet products in 2015, up from 58 billion in 2014, and the trend is growing. Of this amount (in 2015), approximately 15 billion was spent on pet medications alone, and this is the multi-billion dollar market the Company expects CannazALL Pets™ to tap into.
Studies have shown that since all mammals have an Endocannabinoid System, pets, like humans, can benefit from CBD therapy the same as their owners. In fact, CBD has been shown to be effective in pets for: pain, arthritis, seizures, epilepsy, even anxiety, and more.
CEO James Ballas said, "It's remarkable all the customers who contact us and tell us how well our CannazALL products work for their pets, everything from pain management to seizures, and in certain cases the pets were taken off of medications altogether. This evidence, plus other information, and the fact that we want to be one of the first, and the biggest, to capture a large portion of this multi-billion dollar industry is why we are moving ahead with this new product. CannazALL Pets will be an exciting addition to our growing product line and we are happy to be helping the pet population as well."
COO Luke Dreyer adds, "With CannazALL™ Pets we can access pet owners through our extensive online reach, and be very competitive on pricing. We intend to market this product extensively as we proceed and with CannazALL Pets we can move into more markets and capture the biggest piece of the pet spending pie as possible."
The Company expects to have the introductory CBD products specifically formulated for pets and their special dosing needs available within the next 30-60 days, and the Company looks forward to keeping shareholders informed of progress in its entry into this multi-billion dollar market.
In addition, the Company is expecting to make an announcement concerning the new HempLifeToday.com Website over the next week.
Recent UBQU News
- Ubiquitech Software Corporation Retains Vitello Capital Ltd. to Aid Strategic Planning and Assess Global Acquisition Opportunities • InvestorsHub NewsWire • 10/11/2023 12:09:01 PM
- Ubiquitech Reports Convertible Debt Forgiveness in Excess of $1,000,000 • InvestorsHub NewsWire • 06/22/2023 12:44:02 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM