LAS VEGAS, December 13, 2017 /PRNewswire/ --
CBD-infused foods are gaining strong momentum in the market as consumers demand more healthy food options. CBD is considered a healthy alternative to pharmaceuticals that have horrible side effects, like opioids. It can be used as one component in holistic health treatments. As CBD-oil infused markets continue to gain traction, healthy food options are growing.
Traditionally, consumers think of CBD-oil infused edibles as cookies, gummy bears, or brownies. Now companies are producing healthy food products to meet the needs of those seeking healthy alternatives to traditional CBD-infused snacks. CBD is a non-intoxicating cannabis compound with several therapeutic properties. Infusing this compound into healthy foods is helping consumers fight anxiety, pain, over-eating, and insomnia.
Hemp Business Journal estimates the hemp industry will grow to $1.8 billion in sales by 2020, led by hemp food, body care, and CBD-based products. The enormous potential for expansion shows big revenue possibilities for investors and companies as operations and new products hit the market almost daily. Hemp and CBD Companies across the market from food to therapeutic products include: NightFood Holdings, Inc. (OTC: NGTF), INSYS Therapeutics, Inc. (NASDAQ: INSY), Medical Marijuana, Inc. (OTC: MJNA), Lexaria Bioscience Corp. (OTC: LXRP), and Player's Network Inc. (OTC: PNTV).
NightFood Holdings, Inc. (OTC: NGTF)
Market Cap: $4.199M, current share price: $.13
Earlier this month, NGTF, the category leading, better-for-you, sleep friendly nighttime snacking company announced its highest direct to consumer sales months in Company history were October and November. NGTF products are currently rank first on Amazon for relevant search terms: "nighttime cravings," "bedtime snacks," and "healthy late night snacks." The Company believes 100% quarter over quarter revenue growth is within range for December based on performance the last few months. The quarter isn't even over yet and revenues have surpassed last quarter by 39%. Last month, NGTF changed the night snack game dramatically by announcing the Company's joint venture with Player's Network Inc. (PNTV), to develop a CBD-infused (cannabinoid oil) line of products.
INSYS Therapeutics, Inc. (NASDAQ: INSY)
Market Cap: $434.767M, current share price: $5.93
INSY, is a specialty pharmaceutical company that develops and commercializes innovative drugs and novel drug delivery systems of therapeutic molecules that improve patients' quality of life. Lately the news releases regarding the Company are based fully around the scandal involving the founder of INSY and his involvement in an opioid bribe scheme. Founder and former CEO, John Kapoor is accused of illegally paying doctors to help boost sales of INSY's opioid-based painkiller.
Medical Marijuana, Inc. (OTC: MJNA)
Market Cap: $337.378M, current share price: $.106
MJNA is the first publicly traded cannabis company in the U.S. Earlier today they announced that the subsidiary Kannaway generated the largest revenue month in the history of the Company in November. The Kannaway Energy Chews are a bite-sized hemp based energy supplement that contain 5mg of CBD from hemp oil, energizing B vitamins, and 100mg of caffeine. This holiday they've released a limited edition flavor, Peppermint Chocolate. Already
Lexaria Bioscience Corp. (OTCQB: LXRP)
Market Cap: $108.693M, current share price: $1.55
LXRP has become a global leader in enhancing the flavor, bouquet and gastro-intestinal delivery of edible cannabinoid consumer products. They've invested in ViPova, a US Company that developed a patented process to create a more comforting and effective process of delivering full spectrum hemp oil through familiar products. ViPova manufactures a wide variety of teas with hemp oils.
Player's Network Inc. (OTCQB: PNTV)
Market Cap: $55.581, current share price: $.0965
Last month, PNTV, a publicly traded diversified holding company operating in media and marijuana, announced today a strategic partnership and Development Agreement with NightFood Holding, Inc. (NGTF) to develop a CBD infused line of nighttime snacks. Green Leaf Farms Holdings (Green Leaf), a subsidiary of PNTV, is working with NGTF to start developing a line of CBD-infused nighttime edibles.
The diversity of the companies listed above, illustrate the expansive markets hemp and CBD have infiltrated. From healthy night-time snacking to relaxing herbal teas, energy supplements, and pain relievers, the market is continuously expanding, offering more and more to the consumer. More specifically, CDB-infused food products are gaining the most traction within the market space currently. The hemp and CBD industry are showing potential for becoming one of the fastest growing sectors on Wall Street. Keep an eye on these companies as their market share grows with their new products hitting the market.
Content Provided By: Microcap Speculators
Email: [email protected]
DISCLAIMER: Microcapspeculators.com (MS) is the source of the content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MS or any company mentioned herein. The commentary, views and opinions expressed in this release by MS are solely those of MS and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MS and FNM for any investment decisions by their readers or subscribers. MS and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
MS Disclosure: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. ACR Communication, LLC. which owns Microcapspeculators.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. ACR Communication, LLC. which owns, Microcapspeculators.com may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. ACR Communication LLC. which owns Microcapspeculators.com may be compensated for its services in the form of cash-based compensation or in equity in the companies it writes about, or a combination of the two.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MS and FNM undertake no obligation to update such statements.
FN Media Group LLC
e-mail: [email protected]