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Forbes Magazine Lists HempLife Today Among the Top Five Hemp CBD Companies in Gross Annual Product Sales, Believes industry could hit one billion per year within three years
Forbes Magazine Lists HempLife Today Among the Top Five Hemp CBD Companies in Gross Annual Product Sales, Believes industry could hit one billion per year within three years.
About this update from Ubiquitech Software Corp.
[{"type":"text","content":"\n \n \n Forbes Magazine Lists HempLife Today Among the Top Five Hemp CBD Companies in Gross Annual Product Sales, Believes industry could hit one billion per year within three years\n \n \nForbes Magazine Lists HempLife Today Among the Top Five Hemp CBD Companies in Gross Annual Product Sales, Believes industry could hit one billion per year within three years\n \n DENVER, CO--(Marketwired - Oct 19, 2017) - Ubiquitech Software Corp. (OTC PINK: UBQU), through its operating subsidiary HempLifeToday.com, is proud to announce that Forbes Magazine has listed HempLife Today™ among the top five Hemp CBD Companies in gross annual product sales, and that sales of CBD products could hit one billion per year within the next three years. This article was published on August 23rd, 2017; however, the Company chose to wait until 3rd quarter financials were published before bringing this positive article to greater attention.\n The Company wants shareholders to note that the CBD industry is still in its infancy, and only a fraction of the general public is aware of the many benefits of Hemp derived CBD products like CannazALL™, offered exclusively by HempLife Today™, at this time. In addition, it is important to note that many traditional sales channels are not yet available to this industry but as they come to fruition in the near, and long term future, HempLife Today™ will be poised to take advantage and this will reflect in growing quarterly and annual sales of HempLife Today's CannazALL™ products. \n The marketing programs implemented by the UBQU team have proven very successful to date and that is validated by the mention of HempLife Today™ among the top five in the industry as mentioned in the Forbes article quoted below:\n \"Essentially everyone is trying to do hemp, but only a handful are doing it well.\" Forbes August 23rd, 2017\n \"The top 20 brands averaged sales of $2.1 million per year per company for 2016. However, some brands are much more successful with sales of $9 million-12 million. CW Hemp, made by CW Botanicals owns 7% of the market, followed by PlusCBD Oil made by CV Sciences with 5% of the market. The next three names are tied with 2% market share and they are Elixinol, HempMeds by Medical Marijuana Inc. and CannazALL by Hemp Life Today. An indication of the fragmentation of this marke...