Business
CBD Is Going to The Dogs: Continued Growth in Hemp Derived Pet Products
CBD Is Going to The Dogs: Continued Growth in Hemp Derived Pet Products.
About this update from Link Reservations Inc.
[{"type":"text","content":"\nPOINT ROBERTS, Wash. and DELTA, British Columbia, March 04, 2019 (GLOBE NEWSWIRE) -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at continued growth in the CBD pet industry and potential movers in the space.\n Canopy Growth Corporation (TSX: WEED.TO) (NYSE: CGC), always a strong market indicator, partnered with Sequential Brands Group, Inc. to announce that Martha Stewart has joined the Company in an advisory role to assist with developing and positioning a broad new line of product offerings across multiple categories, one of which is the rapidly growing pet wellness category. \"I am delighted to establish this partnership with Canopy Growth and share with them the knowledge I have gained after years of experience in the subject of living,\" said Martha Stewart. \"I'm especially looking forward to our first collaboration together, which will offer sensible products for people's beloved pets.\" Canopy Growth is not taking this sector lightly, having previously reported that it will invest between $100 and $150 million in a hemp industrial park in New York State with the intended purpose of being the Company's first hemp facility in the United States. Linkreservations Inc. (OTC: LRSV), a provider of cannabidiol (CBD) products specifically tailored for pets, today announced plans to change the name of the Company to LinkResPet. The new rebrand will follow a restructuring and new focus on the holistic petcare market, specifically cannabinoid (CBD) products tailored for pets. This follows news recently announced the acquisition of an e-commerce website called www.LinkResPet.com. “The decision to change the company name comes as part of our change in direction as a business to focus on the petcare and CBD industries. Both markets are seeing a big boost in demand and good quality response for both, so it is a great time to enter the market with products that will truly make a difference,” said Rene Lauritsen, CEO at LinkResPet. “Our mission is to provide the best quality CBD solutions for pets, targeted at treating dogs, cats and horses – we want our name to reflect that commitment.” Describing their brand on their site, LinkResPet says,”Our CBD products can help pets in a variety of ways: Allergies and Immune System, Hip and Jo...