Business
CBD Products on the Rise: EnviroTechnologies International, Inc. (OTC: ETII), CV Sciences Inc., Puration, Inc., The Green Organic Dutchman Ltd.
CBD Products on the Rise: EnviroTechnologies International, Inc. (OTC: ETII), CV Sciences Inc., Puration, Inc., The Green Organic Dutchman Ltd..
About this update from Envirotechnologies Intl Inc
[{"type":"text","content":"\nPOINT ROBERTS, Wash. and DELTA, British Columbia, Nov. 26, 2018 (GLOBE NEWSWIRE) -- Investorideas.com, a leading investor news resource covering security and cannabis stocks releases a snapshot looking at the growing global opportunity for CBD consumable products as regulations move towards global acceptance of CBD products.\n Cannabis is fast becoming a growing sector, both in the medicinal and recreational sectors. As much as certain states and countries have begun to regulate this potential giant industry, CBD and specifically hemp strains of cannabis have begun to overshadow the general cannabis sector. Seeing the opportunity at the start of 2018, EnviroTechnologies International, Inc., a publicly traded company (OTC: ETII) that develops and markets green, natural and organic products for diverse industries first announced the acquisition of CBD Health Co. (www.cbdhealthco.com), a company that markets and sells high quality and proprietary hemp-based, natural CBD health products, as a wholly owned subsidiary. One of the products that uniquely position them as a public company is the CBD Hemp Protein, which caters to the health and sports markets. According to an article discussing its benefits “hemp—one of the most versatile plants on earth—offers a high-quality, eco-friendly source that can support muscle gain, fat loss, and peak performance.” EnviroTechnologies International updated shareholders on this acquisition in today’s news. “We acquired CBD Health Co. because our company was founded to use green and natural products to make our environment safer and promote products that improve our quality of life,” said Gaylord Karren, ETI’s CEO. “And CBD Oil products have the potential to not only improve quality of their users’ lives but also create enormous revenues for our company and its shareholders.” Continued: “For some time, experts have been making predictions about the global CBD market and the expanding acceptance of CBD as a natural health product. And some have predicted, specifically that the entire cannabis market could reach $20 billion by 2020 if the market expands at its current rate,” said Randall Waters, ETI’s Vice President of Sales and Marketing. “However, recent studies by the Brightfield Group, a company that ...