The second half of 2019 Green Cures embarked on additional ventures focused on Hemp and CBD-infused products within the alcoholic spirits segment. The company received official approval from the
Last month, the company announced it finalized development for CBD Cocktail Companions under the Hollywood Hemp brand. These customized variations of cocktails will be infused with full-spectrum CBD. Additionally, the company is working with its distilling partner on Hemp and CBD-infused cocktails which will be produced in cans and expected to be under development by mid-year.
Green Cures is currently narrowing down its list of distribution partners to facilitate national sales throughout the entire continental
Some of our marketing efforts including but not limited to social media influencers with over 100,000 followers, giving away samples in multiple smoke shops in the
In other developments, Green Cures announces it is in the final stages of entering into an agreement to distribute CBD Pre-Rolled Smokes and Hemp Flower nationally. The current vaping crisis has opened up prime opportunity to replace decreasing sales of traditional CBD vape cartridges. Green Cures plans to finalize the distribution agreement by early January that will cover over 10,000 vape and smoke shops. These unique CBD Smokes pack 35mg and 75mgs of CBD per Smoke and contain no tobacco or nicotine. Green Cures is forming a new business unit and will be hiring a new VP of Business Development for this initiative. The company expects to generate significant revenue and profit opportunities as this particular segment is experiencing exponential growth.
With multiple organic growth plans underway Green Cures is in the final stages to solidify acquisition agreements via M&A to bring key intellectual property and personnel under the corporate umbrella. These key acquisition targets will bring instant revenue and expertise to facilitate growth across the company. One such acquisition the company plans to close in January will bring on a key alcohol beverage expert specializing in cannabis infused beverages, as well as a Hemp/CBD specialized branding company. This soon to be announced subsidiary of Green Cures owns premium cannabis domains and marketing property which will propel national sales and growth opportunities throughout Green Cures operations.
The company also reports it is in the final stages with OTC Markets to become pink current and expects the stop sign to be lifted in January.
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