Business
ADHC Recently Formed American Cannabis Holdings Inc. Enters Distribution Agreement to Offer CBD Infused Tea to US Market
ADHC Recently Formed American Cannabis Holdings Inc. Enters Distribution Agreement to Offer CBD Infused Tea to US Market.
About this update from American Diversified Holdings Corp.
[{"type":"text","content":"DEL MAR, CA / ACCESSWIRE / October 17, 2018 / American Diversified Holdings Corporation (OTC PINK: ADHC) announced today that is has enter an agreement to distribute CBD infused tea to the US consumer markets. ADHC is in the process of development an ecommerce site where consumers can purchase the CBD infused tea for direct shipment. Each cup of tea will contain 5 mg of CBD and will be sold in 18 unit packages at very competitive prices.The tea comes in three flavors:-CBD Chamomile Blend, CBD Matcha Green Tea, CBD Peppermint, and CBD Turmeric and Ginger Tea These teas are crafted using nano-sized particle of WATER-SOLUBLE CBD, the innovative process ensures the CBD actually ends up in the tea and can be extracted into the hot water unlike Oil soluble CBD. ADHC is actively seeking additional agreement involving Cannabis infused coffee and energy drinks. ADHC management has been closely following developments in the Cannabis Sector and has determined the time is right to formally enter the space."ADHC management is very excited about this new initiative and are working diligently to increase shareholder value and continue without ultimate goal of up-listing. The company has improved its balance sheet by previously cancelling $1.2mm in debt without any dilution. Shareholders are encouraged to follow ADHC as new developments are rapidly occurring," commented management. Several Major developments have occurred that have provided the impetus for ADHC to make the move into Cannabis.-Canada will fully legalize Cannabis nationwide on October 17th. -US Federal policy has loosened is classification of CDB to a schedule 5 drug. CBD in the non-psycho-active component of the cannabis plant. Numerous pharmaceutical companies are researching CBD to to develop therapies for major diseases and disorders. -Constellation Brands (maker of Corona and Modela beer) has invested $4 billion into Constellation Brands (TICKER) a Canadian Cannabis grower.-Coco Cola (KO) is in talks to enter the Aurora Cannabis (ACBFF) to develop CBD infused drinks-Cowen Analyst Vivien Azer estimated the Cannabis market could grow to over $200 billion in the next 15 years. AMERICAN CANNABIS HOLDINGS Inc. (ACHI) is a wholly owned operation division of ADHC. The first business initiative in the Cannabis space for the company includes signing an agreement with a manu...