Green Cures & Botanical Distribution, Inc. Expands Original Hollywood Hemp Line into the Growing CBD Beverage Space and is Finalizing Negotiations with a Multi-National Beverage Company
LOS ANGLES, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Green Cure & Botanical Distribution Inc. (OTC: GRCU) a Colorado Corporation (“The Company”) is expanding their already popular Original Hollywood Hemp line into the exploding CBD Beverage Space. With a focus on high bio-availability and clean ingredients Original Hollywood Hemp’s beverage products will include CBD infused water and performance enhancing drinks to start. Management is positioning Hollywood Hemp’s existing product lines and the new beverage products to be available on the Company’s web site and Amazon for purchase.
With the addition of CBD Beverages to the Company’s ever expanding product portfolio it further demonstrates management’s ability to position the Company to scale its revenue growth and product portfolio. In addition, management is presently in the later stages of negotiations with a significant Multi-National Beverage Company to add a new line of CBD infused teas to their portfolio. Management sees tremendous growth in the CBD Beverage space and is currently exploring numerous opportunities for the addition of multiple products in the CBD Beverage Space.
As recreational marijuana legalization becomes a reality in more U.S. states, the interest in cannabis-infused drinks is on the rise. The hemp and CBD category is expected to be a $1 billion market by 2020 in the U.S. according to a report by Brightfield Group. As the Company expands into the CBD Beverage Space management will seize on this growth with additional products and market share to return value to the shareholders.
About Green Cures & Botanical Distribution, Inc. (OTC PINK: GRCU)Green Cures & Botanical Distribution Inc., is revenue-generating company that wholesales and retails hemp-infused nutritional, botanical, sports, and body care products. The company is currently Web-based and focuses on online retailing. Green Cures & Botanical Distribution Inc., operates a diverse portfolio of products and services within the botanical and cannabis industry, as permitted by law. From concept to production and distribution, Green Cures & Botanical Distribution Inc., is continuously creating and introducing products that promote a healthy life style. For more information visit: http://www.grcustock.com/.
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