Business
BOON Industries Announces Initial Purchase Order With Major Beverage Company of 500,000 Units
BOON Industries Announces Initial Purchase Order With Major Beverage Company of 500,000 Units.
About this update from Curascientific Corp.
[{"type":"text","content":"\n Sacramento, California, May 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- BOON Industries (OTC PINK:LOFB) (“BOON” or the “Company”), announces today its new CBD Hemp Extract Formulation H+ for a major beverage company. Boon is expected to deliver an initial 500,000 units of H+ to a major beverage company with an expected 2M units per month thereafter in value of approximately $12M over the next 14 month period. The company is currently in production. Each 2 ounce unit of H+ is a revolutionary new formulation that creates a truly water-soluble CBD/Hemp extract. With the increased global demand for Hemp based products, BOON has created H+, the first water soluble CBD solution that is safe, effective and can finally be incorporated into beverages on a mass scale to meet consumer demand.  H+ was selected because of its ability to deliver tangible results and an experience that will keep customers coming back. BOON Industries specializes in the development, manufacturing, and distribution of a number of water-soluble products for commercial and consumer applications.  The Company currently manufactures customized “white label” products for the food and beverage, health and wellness and chemical industries.  Justin Gonzalez, CEO, stated, “We have technologically advanced formulated products on the near horizon that will generate multiple revenue streams for the company. Boon has developed a conglomerate of revenue producing products that are based on proprietary formulas for consumer and commercial application. We anticipate Boon revenues to hit well over $50M over the next several years based upon our relationships with industry leaders. This will be a prosperous year for our shareholders.”  Safe Harbor for Forward-Looking Statements: This news release contains forward-looking statements which are not statements of historical fact. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could...