Business
GenTech Issues Shareholder Letter on Vision for Significant Expansion Into the $2.1B CBD Space
GenTech Issues Shareholder Letter on Vision for Significant Expansion Into the $2.1B CBD Space.
About this update from Gentech Holdings Inc.
[{"type":"text","content":"NEW YORK, NY / ACCESSWIRE / May 14, 2019 / GenTech Holdings, Inc. (OTC Pink: GTEH) ("GenTech" or the "Company"), an emerging leader in the CBD marketplace, issues the following letter to Shareholders from the CEO:Dear Valued Shareholder,First off, I want to take this opportunity to thank you for your commitment and loyalty during a pivotal phase in GenTech's history, and for continuing to join us as we work to build our long-term vision and steer the Company toward the many exciting steps that lie in front of us.My goal today is to present you with a more robust understanding of why we are so excited about the path ahead, and how we plan to execute on our vision as we aggressively enter the health and wellness space with a strong focus on the Cannabidiol ("CBD") market through our brand designation, "The Healthy Leaf".The core of our vision is a national chain of 'Healthy Leaf' branded coffee houses, an e-commerce hub, and a targeted outreach program directed toward medical facilities with the goal of educating patients and health practitioners of the extraordinary health and wellness benefits of CBD.We see 'The Healthy Leaf' becoming synonymous with an invigorating break for busy health-conscious people in need of a recharge. We want to provide that consumer opportunity - an oasis from the anxiety and stress of daily life for a half hour of yoga, a wellness and relaxation class, or perhaps just a peaceful CBD infused Tea or a revitalizing CBD infused lunch time snack bar.The CBD market is one of the fastest growing consumer product markets on the planet right now, with some analysts projecting as much as 20x growth over the next 36 months. One of the truly unique facets to this growth curve is that has not been sponsored by any major existing brands from established large-cap corporate entities. It has been truly organic.That suggests there is a great deal of room for further growth. And we see "The Healthy Leaf" as targeting a relative unexploited niche in this market - one that is very naturally suited to a holistic marketing approach that leverages a coherent lifestyle concept, allowing it to thrive.At this point, we have carved out a roadmap covering a two-year period, at the end of which we intend to have a franchise model in place with locations spanning the US market from...