The US CBD consumer health market size is estimated to be USD 7.81 billion in 2023 and is projected to exceed approximately USD 31.11 billion by 2033, at a CAGR of 14.79% from 2024 to 2033. Masu.
SCOTTSDALE, AZ / ACCESSWIRE / September 26, 2024 / CBD Life Sciences Inc. (OTC PINK:CBDL), a leading innovator in the CBD and wellness industry, has grown its revenue by an impressive 1405.46% since February 2024. I'm proud to announce this. This growth highlights the success of the company's strategic initiatives and the growing market demand for premium CBD products.
“This important milestone reflects our commitment to innovation, quality and expanded market reach,” said Lisa Nelson, President and CEO of CBD Life Sciences Inc. Our team's dedication to developing our products and building valuable partnerships has driven this growth.” And we're confident we can maintain this momentum as we continue to expand our reach. ”
Main drivers of growth
CBD Life Sciences, Inc. attributes this impressive growth to several key factors, including the launch of Mellow Mornings nano CBD coffee creamer, the introduction of CBDL products to the Walmart Marketplace, and strategic agreements such as a Memorandum of Understanding (MOU) with the U.S. I think it is due to. Cannabis dispensaries position the company for further expansion into new markets.
Product innovation and market expansion
The company has pioneered the use of advanced nanotechnology to increase the bioavailability and effectiveness of CBD products, providing consumers with superior choices in the wellness space. Innovative products such as Mellow Mornings Coffee Creamer and a newly developed dietary supplement powder featuring a proprietary blend of Reishi Mushroom Extract, Lion's Mane Mushroom Extract, and Ashwagandha Root Extract are helping our growing customer base. It has been well received as a base.
Future outlook
Looking to the future, CBD Life Sciences is well-positioned to continue its upward trajectory. The company is actively pursuing additional market opportunities and collaborations with prominent athletes, brands, and influencers to further enhance the brand's presence.
“We are excited about the progress we have made since February and are committed to maintaining this momentum,” Nelson added. “We remain focused on delivering exceptional value to our customers and shareholders as we continue to innovate and expand our product portfolio.”
For more information about CBD Life Sciences Inc. and its innovative products, please visit www.thecbdvault.com.
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About CBD Life Science Co., Ltd.
CBD Life Sciences Inc. (OTC PINK:CBDL) is a leading CBD and wellness company dedicated to improving lives through high-quality, scientifically formulated products. With a diverse portfolio that includes CBD tinctures, topicals, edibles, and more, CBD Life Sciences is committed to promoting customer well-being by providing safe and effective solutions.
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Forward-looking statements
Except for historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in the forward-looking statements and are subject to risks and uncertainties. See CBD Life Sciences, Inc.'s OTC Markets filings. This may identify certain factors that could cause actual results or events to differ materially from those described in the forward-looking statements.
Safe Harbor Statement
This release contains forward-looking statements that are based on certain assumptions and reflect management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These factors include general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will deliver expected benefits; Increasing competition. Availability and cost of capital. Ability to identify, develop and achieve commercial success. The level of expenditure required to maintain and improve the quality of service. Economic changes. changes in laws and regulations, including norms and standards, intellectual property rights, and taxation; or other unexpected matters. our ability to secure and maintain strategic relationships and distribution agreements; The Company disclaims any intention or obligation to update or revise any forward-looking statements to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements.
contact address:
lisa nelson
CEO
cbdvaultaz@gmail.com
4802091720
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Source: CBD Life Sciences
