LOS ANGELES, CA / ACCESSWIRE / June 14, 2016 / Green Cures & Botanical Distribution Inc. (OTC Pink: GRCU) today is excited to announce the company's renewed strength and focus towards executing its business model throughout the end of the year.
GRCU has been diligently focused on its vertically integrated business model by taking advantage of the exploding cannabis and hemp industry. There are three key areas of our business model rapidly moving forward.
The first is the launch of our skin care line in which (GRCU) develops, produces and distributes premium hemp based products in the following categories: Skin Care, Beauty, Fashion and lifestyle goods branded under the Original Hollywood Hempâ„¢ brand. These products can now been viewed on our newly launched website www.originalhollywoodhemp.com and will be available for purchase and distribution in the summer of 2016.
In 2016, the global skincare market is estimated to be worth about USD 121 billion. In 2017, this figure is expected to jump to $127 billion, in 2018 it will increase to $133 billion, in 2019 it will increase further to $140 billion, in 2020 it will be $147 billion and in 2021 it will reach $154 billion (Source: Statista)
The second facet to our revenue producing model will be our beverage division. GRCU will utilize all natural ingredients, some of the beverage line will include hemp infused ingredients, both bringing a fresh an innovative product to market. Additionally, these beverages will be branded with internationally known famous sports stars and rock legends to position itself in a manner to leverage its celebrity branded beverages produced through its ICONIC Beverages Collection.
The third is the acquisition. Green Cures & Botanical Distribution Inc. is currently working to acquire additional products as well. Currently, management is in negotiations with a nationally known skin care company who has a strong footprint in the health and wellbeing of skincare.
Joe Tragesser, Green Cures & Botanical Distribution Inc. CEO states, "We have been purposefully working to acquire and negotiate partnerships which will aid in GRCU's growth and stability. I am very excited about the opportunities GRCU has been presented with as we have been working very hard towards achieving our goals and taking our company to the next level." Mr. Tragesser further stated, "Our top priorities are to accelerate the company's performance and advance GRCU's evolution to expand business partnerships and make strategic decisions that enhance GRCU's potential. We will continue to keep all shareholders informed of all activity that is taking place."ABOUT GREEN CURES & BOTANICAL DISTRIBUTION INC.
Green Cures & Botanical Distribution Inc., is a development stage 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 lifestyle. Icon Beverages will make up the beverage division of GRCU which will feature celebrity iconic notables who are recognized worldwide.
SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
SOURCE: Green Cures & Botanical Distribution Inc.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
