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Pure Harvest Cannabis Group Launches Wild Pet Blends, Enters the Pet CBD Market
Pure Harvest Cannabis Group Launches Wild Pet Blends, Enters the Pet CBD Market.
About this update from Pure Harvest Corporate Group, Inc
[{"type":"text","content":"\n Pet CBD Market Projected to Continue Rapid Expansion DENVER, CO, May 07, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE ‒ Pure Harvest Cannabis Group, Inc. (OTC: PHCG), an emerging cannabis and hemp-CBD holding company, is pleased to announce the official launch of its wholly owned subsidiary, Wild Pet Blends, a CBD-based pet supplement company. Wild Pet Blends offers unique full-spectrum hemp extract products that go beyond what is currently offered in the CBD market for pets. It’s scientifically curated blends have been designed as multi-dimensional pet supplements and chews that combine vitality enhancing full spectrum CBD, anti-oxidants, essential fats, vitamins, and minerals in combination with digestive enzymes and probiotics for your pet’s overall health and wellness. Wild Pet Blends has an aggressive development plan that includes top-tier sales talent with over 25 years in the pet industry, distribution partnerships, and expanded product offerings.  The Company’s ability to produce a steady supply of premium Full-Spectrum hemp oil that is rich in cannabinoids will be a key differentiating factor for our product line.  The pet CBD market is expected to grow exponentially in the near term. According to industry researcher Brightfield Group, demand for cannabidiol (CBD) is likely to generate U.S. sales of $24 billion over the next few years. The report indicates a key driver of the CBD market’s growth will be pet CBD sales, expected to rise five-fold to $400 million during that period. Another recent report by BDS Analytics and Arcview Market Research projects the pet CBD market will grow five percent faster than the overall CBD market over the next four years. “We continue to diversify our portfolio of holdings in the cannabis space,” stated Matt Gregarek, CEO, Pure Harvest Cannabis Group. “Our objective is to develop, identify, and acquire operations in the fastest growing sectors of the already rapidly growing cannabis industry and to establish durable revenue lines. The expansion of the CBD pet market is clear and Wild Pet Blends offers a tremendous catalog of superior products.” “Today, we are launching an aggressive national marketing plan to drive demand and awareness online and to secure our position in this vertical. Next, we intend to pursue oppo...