Business
White Label Liquid to Report Significant Increase in Revenues for 2018, Greatly Exceeding Previous Year's Financial Results of Over $2 Million
White Label Liquid to Report Significant Increase in Revenues for 2018, Greatly Exceeding Previous Year's Financial Results of Over $2 Million.
About this update from White Label Liquid, Inc.
[{"type":"text","content":"\nDAYTONA BEACH, Fla., March 21, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Executives at White Label Liquid, Inc. (OTC Pink: WLAB) (\"the Company\"), a leading provider of custom-blended hemp-derived products, today announced that it will report greatly increased revenues and other year-over-year performance metrics for 2018 at the end of the month. The Company showed a significant increase in revenues for 2018, exceeding the over $2 million in financial results reported for 2017. Such sturdy financials further position the Company to be a strong, reliable partner to those seeking to be successful in the burgeoning CBD industry.\n \"The hard work of our staff over the last two years has really helped position White Label Liquid as an expert partner for companies in the CBD business,\" said White Label Liquid CEO Yaron Elkayam. \"The proof is not just in our immediate revenues and profits, but also in our state-of-the-art manufacturing, logistics, and production capabilities that have allowed us to meet or exceed a broad range of customer needs and wants.\" (Click here to see a video of White Label Liquid's manufacturing operations and learn more about the Company). Growing mainstream acceptance for organic pain-relieving products, along with industry-supporting government legislation, and increased consumer demand are key reasons why experts are estimating that the American hemp-derived CBD market will grow to $22 billion within the next three years. Moreover, the overall global cannabis industry is expected to reach $146.4 billion as early as 2025. The Company, which recently unveiled a new streamlined website and a 51,000-square-foot all-in-one operations facility, offers cutting-edge solutions for CBD manufacturing, packaging, and private labeling for an array of products in over 20 categories and 300 SKUs. Their CBD is manufactured in-house, using industry standard, \"good manufacturing practices\" (\"GMP\") and state-of-the-art highest-quality assurance testing in the business. About White Label Liquid, Inc.: White Label Liquid is a leading one-stop manufacturing service providing premium custom-blended products containing hemp-derived CBD oil, all of which are sold to a wide variety of companies including major and small brands, chain stores, vape shops, distributors and dealers worldwide. The Company has ...