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LinkResPet (OTC: LRSV) Answers Pet Owners Demand For CBD In The US, Helping Pets From Coast To Coast
LinkResPet (OTC: LRSV) Answers Pet Owners Demand For CBD In The US, Helping Pets From Coast To Coast.
About this update from Link Reservations Inc.
[{"type":"text","content":"\nLinkResPet to produce LYNKS CBD Pet Water in partnership with American Premium (OTC: HIPH)39% of dog owners and 34% of cat owners agree that they like the idea of CBD supplements for their petsBrightfield Group suggests CBD pet market could be worth $1.16 billion by 2022 KINGTON, United Kingdom, June 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Anxiety, stress, joint pains, allergies, and nausea are not just human ailments, they are also affecting the way our furry friends live their lives. From lack of appetite to hip and joint issues, pets are suffering from illnesses all far too common to humans, in fact, we might even be passing our stress onto them. So what can we do about it? Luckily, LinkResPet (OTC: LRSV), a UK based CBD provider, is here to help solve these health issues the natural way, through specialised cannabidiol (CBD) products made specifically for pets.\n Cannabidiol, or CBD, is the non-psychoactive component of cannabis. It is most commonly used to help treat a host of medical problems and has been making headway into the pet care industry, with a clinical trial already showing encouraging results on seizure frequency in dogs. The troubles affecting our pets are only growing, as surveys show that flea allergies have increased in cats by 67.3% over the past 10 years, while separation anxiety disorder is diagnosed in 20% to 40% of dogs referred to animal behaviour practices in North America. With the many benefits and little side effects, CBD has unsurprisingly taken the US by storm. From Colorado to New York, the adoption of CBD across a variety of sectors has boomed since the 2018 Farm bill. Some states are even pushing for further legislation such as California, which is en route to becoming the first state to let pet owners purchase medical marijuana for their animals if they have a recommendation from a veterinarian. With a value of $32 million, the CBD pet market still has room to grow. Currently, 39% of dog owners and 34% of cat owners agree that they like the idea of CBD supplements for their pets, yet only 29% of dog owners and 17% of cat owners purchased pet supplements in the last 12 months, showing the huge potential for growth in the sector. In fact the Brightfield Group suggests the market could reach $1.16 billion by 2022. Perceiving the market opportunities, and, more importantly, the growing...