Business
ISBG Announces Increased Focus on Strategic Partnerships in Beverage and CBD Divisions
ISBG Announces Increased Focus on Strategic Partnerships in Beverage and CBD Divisions.
About this update from Blockquarry Corp.
[{"type":"text","content":"\nLAS VEGAS, May 13, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- International Spirits and Beverage Group Inc. (OTCMKTS: ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits and CBD-Infused Products markets, is excited to announce that it is now open to and pursuing strategic partnerships as a pathway to accelerated growth in its brand incubation operations in both its adult beverage and CBD divisions.\n “We believe there is an opportunity to sharply ratchet up our top and bottom line growth through strategic partnerships in both of our major divisions,” commented ISBG CEO Terry Williams. “The goal is to increase shareholder value. And the most powerful steps in that direction are often about unlocking the value that’s already there. That means exploiting implicit synergies. In this case, we believe we can form an ecosystem of products through partnerships that leverage our strengths while widening our overall market footprint.” Management believes that there are inherent advantages of working through collaborative partnership structures in both the adult beverage and CBD marketplaces, where the value of the whole relationship is greater than the literal sum of its parts due to inherent synergies between partners and the rapid growth seen in these markets. The CBD segment alone is anticipated to grow over 2,000% over the next 36 months according to recent research from multiple analysts. In addition, the Company has tremendous experiential capital in brand incubation. This suggests newer product assets originating with other companies may find an accelerated path to market and an increased brand upside by leveraging ISBG’s brand incubation, supply chain, and distribution capabilities, and its understanding of cross border regulatory factors in incorporating complex supply chain processes. “We can see only upside by opening up to an ecosystem approach through an increased focus on strategic partnerships,” continued Mr. Williams. “We expect a collaborative operating model to increase opportunities to scale up in both of our primary segments, with a likely impact on our projections for Q3 and Q4 of 2019, and beyond.” About ISBG: International Spirits and Beverage Group (ISBG) is an authorized importer, licenso...