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Monday, March 11, 2019 10:33:43 AM
GlobeNewswire•March 7, 2019
PHOENIX, AZ, March 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- For The Earth Corporation (the “Company” or “FTEG”) (FTEG) is thrilled to announce the launch of its new line of premium pharmaceutical grade anti-aging Topical CBD Skin Care products under the brand designation “Clean Life”. The line of products includes Day Cream, Night Cream, Eye Serum, Face Serum, and Face Mask, all infused with the Company’s full spectrum THC-free CBD oil.
“Our analysis suggests that Topicals are the gateway product for mass adoption of CBD by the mainstream marketplace for consumable goods in North America,” noted CEO Nelson Grist. “The total CBD market is expected to bloom by more than a factor of 20 over the next three years according to some leading estimates. That process is going to be powered by mainstream adoption of CBD, which may be led by products like those we are launching today because people are already used to skin creams with exotic botanical elements. It’s easier for the average person to discover CBD this way.”
According to Cannabis Business Times, the market for CBD Topicals grew by 44% last year as mainstream adoption of skin care products containing CBD accelerated. The overall skin care products market is estimated to hit $148 billion next year, according to Statista research.
“We are building a vertically integrated model,” continued Mr. Grist. “Our success is ultimately going to be a function of branding. We are different from the ground up. Our CBD products will carry our Clean Life brand designation and come from our own extraction process. Top to bottom, we are going to embody what we believe our customers will value most.”
Management notes that this initial launch is in a product testing phase, and the Company wants its shareholders to test the new line of products to find out how potent and effective they are. Anyone interested in trying a sample of this new line is encouraged to email a request to: infofteg@gmail.com and include a name and address. The first 50 requests will receive a sample package (Face Mask is not included).
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