"The Top Companies Poised to Win from Cannabis 2.0 in Canada"
Over the next three weeks, Canada’s Cannabis 2.0 is expected to create even more opportunity for CBD companies. In fact, on October 17, 2019, the country will legalize edibles, beverages, and topicals just a year after approving dried cannabis flower, oils, and sprays. Analysts at Deloitte already believe Cannabis 2.0 could create a C$2.7 billion opportunity. It’s already expected to benefit includes Aurora Cannabis (NYSE:ACB)(TO:ACB), which recently announced its expansion into edibles, vapes, and concentrates. Canopy Growth just announced at the Barclays 2019 Global Consumer Staples Conference that Cannabis 2.0 would be a major catalyst for the company over the next 12 to 18 months. Other top beneficiaries include The Yield Growth Corp. (CSE:BOSS)(OTC:BOSQF), Charlotte’s Web Holdings Inc. (CN:CWEB)(OTC:CWBHF), Aphria Inc. (NYSE:APHA)(TO:APHA), GW Pharmaceuticals (NASDAQ:GWPH), and OrganiGram Holdings Inc. (TSX:OGI)(NASDAQ:OGI).
The Yield Growth Corp. (CSE:BOSS)(OTCQB:BOSQF) BREAKING NEWS: The Yield Growth Corp. just announced that five more Urban Juve products have each received a Compliance Certificate completing registration of the products in the European Union, bringing the total number of European registered products to eight. The newly approved products include Terpene-Rich Face Moisturizer with Hemp Oil & Pomegranate Oil for Dry Skin, Terpene-Rich Face Moisturizer with Hemp Oil & Helichrysum Flower Water for Oily Skin, Hydrating Body Oil, Nurturing Body Oil and Energizing Body Oil.
Urban Juve is expecting European approval within the month for three additional products currently for sale in North America, and it has begun the registration process for 4 more products - an all-natural deodorant and Tinted Hemp Oil Lip Therapy in 3 colors. Urban Juve is a hemp-powered skin care line the brings together Ayurvedic teachings and modern science. It is focused on delivering true rejuvenation from the inside out. Its natural, effective products are infused with high quality botanicals, including hemp root oil which is crafted through its proprietary extraction process. Urban Juve products are targeted to the wellness-conscious consumer, with a primary target market of Millennials (ages 22 - 37) and a strong secondary market of Gen X (ages 38 - 53).
Urban Juve products will be featured in the Vogue Beauty Highlight sections of this year’s September, October and November issues of UK Vogue, each with an expected audience of 4.1 million readers. Also, Urban Juve will be featured in UK Vanity Fair’s first ever beauty showcase in the November 2019 issue. With increasing brand exposure in the UK, Urban Juve is now looking to secure a distribution alliance in the United Kingdom. Urban Juve is building a robust international distribution platform with distribution partners who have access to 44,000 retail points of sale. Recently, Urban Juve announced distribution deals in Canada, Columbia, Brazil, Greece and Cyprus. As proposed legislation across the European Union continues to bring cannabis closer to the mainstream, high-end cannabis products are gaining popularity. With a total population over 508 million, the EU represents massive market potential for Urban Juve products.
