Bowmo Inc (BOMO)

[Team-Brazil]

Getting into the beverage industry as well!!!

ATLANTA, Oct. 16, 2018 (GLOBE NEWSWIRE) -- CRUZANI, Inc. (OTC Markets: CZNI), a business development company focused on creating and acquiring global franchise concepts, along with peripheral food-related businesses, is excited to announce that it is finalizing its agreement to acquire an established functional beverage company that has had sales and distribution in major retailers throughout the United States. 
CRUZANI will be entering the functional beverage market with the acquisition of a popular vitamin enhanced water beverage. This will be the 1st stage of their entry into the infused products market. The acquisition will be filed with the U.S. Securities and Exchange Commission with a FORM 8-K filing, later this week.
CRUZANI is also exploring the feasibility of adding a reformulated version of the current beverage line, to include infused CBD which could be launched into various jurisdictions that require non-psychoactive CBD permitting and licensing to legally do so. Cannabidiol (CBD) is the part of the cannabis plant that doesn't get you “high” like the THC side of the plant. It is typically used for health reasons instead of for recreational purposes. The CBD products are either derived from industrial hemp plants or marijuana plants. Hemp-derived CBD is currently legal in 46 states and The Hemp Business Journal has estimated hemp and CBD food, beverage, and cosmetics will grow to a $1.8 billion market by 2020.


https://www.otcmarkets.com/stock/CZNI/news/CRUZANI-to-Acquire-Vitamin-Infused-Water-Beverage-Company-as-First-Step-to-Entering-New-Infused-Products-Market?id=207064