This is Why CBD Sales Have Exploded Higher in Recent Weeks April 20, 2020 - Baystreet.ca Over the last few weeks, CBD sales have soared. All as consumers buy product to combat rising levels of anxiety and stress. “CBD can specifically help manage stress levels and reduce anxiety, which can ultimately help us keep our immune systems strong,” says The Weed Blog. In addition, according to a Brightfield Group survey, up to 39% of consumers plan to use CBD far more frequently because the virus sweeping the nation, with 15% planning to use a higher dose, as highlighted by Food Navigator USA. “There is no question that with much of the country recommending to shelter at home and a pandemic sweeping the globe, anxiety levels are skyrocketing,” says Brightfield Group’s managing director Bethany Gomez. “Anxiety is the #1 ailment of CBD users - 53% of them report it. Depression and insomnia, which likely to spike over the coming months, are #3 & 4. For those that truly need CBD and are relying on it for their health and wellbeing, consumption is expected to continue or increase.” Such news is creating sizable opportunity for companies such as Mota Ventures Corp. (CSE:MOTA)(OTC:PEMTF), Charlotte’s Web Holdings Inc. (OTC:CWBHF) (CN:CWEB), Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB), Aphria Inc. (NASDAQ:APHA) (TSX:APHA), and cbdMD Inc. (NYSE:YCBD). Mota Ventures Corp. (CSE:MOTA)(OTC:PEMTF) BREAKING NEWS: Mota Ventures Corp. announced that for the month of March 2020, its First Class CBD brand achieved sales of Cdn$4,290,000, with related expenses of Cdn$4,240,000. Customer acquisition expenses for March 2020 include one-time costs of approximately Cdn$1,160,000 associated with the introduction of the new line of Immune Support and CBD products. The Immune Support product line experienced further positive growth contributing to First Class acquiring 20,959 new customers during the month of March. The all-natural Immunity Blend is made from 100% pure essential oils, including cinnamon leaf, lemon, clove bud, lime, eucalyptus globulus, rosemary, peppermint, spearmint and oregano. The Company also launched an Immune CBD oil, along with an Elderberry Gummy product. The new Immune CBD product contains CBD, B3, B12, Vitamin C and Zinc. Sales for March 2020 compare to sales of Cdn$1,280,000 during the same period last year, representing an increase of 235%. The Company also introduced a new brand, Nature’s Exclusive CBD, in the first week of April 2020. The Nature’s Exclusive CBD brand will offer a range of products, which include the new Immune CBD oil, Elderberry gummies, CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum and CBD coffee. First Class offers a CBD hemp-oil formulation intended to provide users with therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. First Class offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum and CBD coffee. First Class plans to continue its significant growth in their U.S. operations over the balance of 2020, as well as an expansion into the European market. “I am extremely pleased with the performance of our business during March 2020, a month where the world and the economy faced immeasurable challenges. Our ability to efficiently innovate and launch new products, is a perfect example of our primary competitive advantage, and what allows us to be a leader in the ecommerce space. We expect our investment in accelerated customer acquisition from February to March, including a one-time cost of Cdn$1,160,000, will continue to produce significant revenue growth, and are hopeful it will lead to increased profitability in the upcoming months,” stated Ryan Hoggan, CEO of the Company. The Company cautions that figures for revenue, expenses and margin generated from the sale of First Class CBD products have not been audited, and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. These figures were translated from US dollars into Canadian dollars using the Bank of Canada monthly average exchange rate of US$1.00:Cdn$1.3953 for March 2020 and US$1.00:Cdn$1.3368 for March 2019. Other related developments from around the markets include: Charlotte’s Web Holdings Inc. (OTC:CWBHF)(CN:CWEB) announced that David Panter has joined the Company as Chief Operating Officer, effective March 30, 2020. Mr. Panter brings over 20 years of broad global supply chain experience at leading cosmetic, agriculture, pharmaceutical, medical device and consumer packaged goods (CPG) companies, including Estée Lauder Company, Luxottica Retail, Campbell Soup Company, and Tyco Healthcare/Covidien. Most recently, at Estée Lauder Company, Mr. Panter was responsible for optimizing the global supply chain including the manufacturing locations and distribution networks in North America, Europe, Asia Pacific and Latin America. Throughout his successful career, he has led manufacturing facilities, quality, distribution and warehouse locations across multiple product categories and has been responsible for transforming operations through continuous improvement, coaching, strategy development and tactical execution. Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB) announced its financial and operational results for the second quarter of fiscal 2020 ended December 31, 2019. "Despite delivering modest growth in our core medical and consumer business in Q2, we took immediate and deliberate actions to align our Company to current market conditions," said Michael Singer, Executive Chairman and Interim CEO, Aurora Cannabis. "As announced last week, being a profitable cannabis company for our investors is the singular near-term focus for Aurora and we have begun to implement a business transformation plan where we intend to manage the business with a high degree of fiscal discipline." Aphria Inc. (NASDAQ:APHA)(TSX:APHA) will release financial results for its third quarter and nine months ended February 29, 2020 on April 15, 2020 before market open. Aphria executives will host a conference call to discuss these results at 9:00 am Eastern Time. To listen to the live call, dial 1-888-231-8191 from Canada and the U.S. or (647) 427-7450 from International locations and use the passcode 8021229. A telephone replay will be available approximately two hours after the call concludes through April 29, 2020. To access the recording dial 1-855-859-2056 and use the passcode 8021229. cbdMD Inc. (NYSE:YCBD) announced that the location of its 2020 annual meeting of shareholders will be changed from an in person meeting to a virtual format. The 2020 annual meeting of shareholders, which was previously announced in cbdMD's Notice of 2020 Annual Meeting of Shareholders and Proxy Statement and filed with the Securities and Exchange Commission on March 11, 2020, and originally mailed to shareholders on or about March 11, 2020, will still be held on April 23, 2020 beginning at 1:00 p.m. Eastern time, but in a virtual meeting format only, available at https://www.issuerdirect.com/virtual-event/ycbd. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains 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. Winning Media which has a partnership with www.MarijuanaStox.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. For making specific investment decisions, readers should seek their own advice. Winning Media, which has a partnership with www.MarijuanaStox.com, is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media (partners of www.MarijuanaStox.com) and Mota Ventures Corp., Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Mota Ventures Corp. We own ZERO shares of Mota Ventures Corp. Please click here for full disclaimer. Contact Information: 2818047972 ty@MarijuanaStox.com
This is Why CBD Sales Have Exploded Higher in Recent Weeks April 20, 2020 - Baystreet.ca Over the last few weeks, CBD sales have soared. All as consumers buy product to combat rising levels of anxiety and stress. “CBD can specifically help manage stress levels and reduce anxiety, which can ultimately help us keep our immune systems strong,” says The Weed Blog. In addition, according to a Brightfield Group survey, up to 39% of consumers plan to use CBD far more frequently because the virus sweeping the nation, with 15% planning to use a higher dose, as highlighted by Food Navigator USA. “There is no question that with much of the country recommending to shelter at home and a pandemic sweeping the globe, anxiety levels are skyrocketing,” says Brightfield Group’s managing director Bethany Gomez. “Anxiety is the #1 ailment of CBD users - 53% of them report it. Depression and insomnia, which likely to spike over the coming months, are #3 & 4. For those that truly need CBD and are relying on it for their health and wellbeing, consumption is expected to continue or increase.” Such news is creating sizable opportunity for companies such as Mota Ventures Corp. (CSE:MOTA)(OTC:PEMTF), Charlotte’s Web Holdings Inc. (OTC:CWBHF) (CN:CWEB), Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB), Aphria Inc. (NASDAQ:APHA) (TSX:APHA), and cbdMD Inc. (NYSE:YCBD). Mota Ventures Corp. (CSE:MOTA)(OTC:PEMTF) BREAKING NEWS: Mota Ventures Corp. announced that for the month of March 2020, its First Class CBD brand achieved sales of Cdn$4,290,000, with related expenses of Cdn$4,240,000. Customer acquisition expenses for March 2020 include one-time costs of approximately Cdn$1,160,000 associated with the introduction of the new line of Immune Support and CBD products. The Immune Support product line experienced further positive growth contributing to First Class acquiring 20,959 new customers during the month of March. The all-natural Immunity Blend is made from 100% pure essential oils, including cinnamon leaf, lemon, clove bud, lime, eucalyptus globulus, rosemary, peppermint, spearmint and oregano. The Company also launched an Immune CBD oil, along with an Elderberry Gummy product. The new Immune CBD product contains CBD, B3, B12, Vitamin C and Zinc. Sales for March 2020 compare to sales of Cdn$1,280,000 during the same period last year, representing an increase of 235%. The Company also introduced a new brand, Nature’s Exclusive CBD, in the first week of April 2020. The Nature’s Exclusive CBD brand will offer a range of products, which include the new Immune CBD oil, Elderberry gummies, CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum and CBD coffee. First Class offers a CBD hemp-oil formulation intended to provide users with therapeutic benefits that hemp may offer. The hemp oil used in the products is derived from hemp grown and cultivated in the United States. The extraction process is designed to maintain all the beneficial qualities that hemp may offer. First Class offers a range of products, which include CBD oil drops, CBD gummies, CBD pain relief cream, CBD skin serum and CBD coffee. First Class plans to continue its significant growth in their U.S. operations over the balance of 2020, as well as an expansion into the European market. “I am extremely pleased with the performance of our business during March 2020, a month where the world and the economy faced immeasurable challenges. Our ability to efficiently innovate and launch new products, is a perfect example of our primary competitive advantage, and what allows us to be a leader in the ecommerce space. We expect our investment in accelerated customer acquisition from February to March, including a one-time cost of Cdn$1,160,000, will continue to produce significant revenue growth, and are hopeful it will lead to increased profitability in the upcoming months,” stated Ryan Hoggan, CEO of the Company. The Company cautions that figures for revenue, expenses and margin generated from the sale of First Class CBD products have not been audited, and are based on calculations prepared by management. Actual results may differ from those reported in this release once these figures have been audited. These figures were translated from US dollars into Canadian dollars using the Bank of Canada monthly average exchange rate of US$1.00:Cdn$1.3953 for March 2020 and US$1.00:Cdn$1.3368 for March 2019. Other related developments from around the markets include: Charlotte’s Web Holdings Inc. (OTC:CWBHF)(CN:CWEB) announced that David Panter has joined the Company as Chief Operating Officer, effective March 30, 2020. Mr. Panter brings over 20 years of broad global supply chain experience at leading cosmetic, agriculture, pharmaceutical, medical device and consumer packaged goods (CPG) companies, including Estée Lauder Company, Luxottica Retail, Campbell Soup Company, and Tyco Healthcare/Covidien. Most recently, at Estée Lauder Company, Mr. Panter was responsible for optimizing the global supply chain including the manufacturing locations and distribution networks in North America, Europe, Asia Pacific and Latin America. Throughout his successful career, he has led manufacturing facilities, quality, distribution and warehouse locations across multiple product categories and has been responsible for transforming operations through continuous improvement, coaching, strategy development and tactical execution. Aurora Cannabis Inc. (NYSE:ACB)(TSX:ACB) announced its financial and operational results for the second quarter of fiscal 2020 ended December 31, 2019. "Despite delivering modest growth in our core medical and consumer business in Q2, we took immediate and deliberate actions to align our Company to current market conditions," said Michael Singer, Executive Chairman and Interim CEO, Aurora Cannabis. "As announced last week, being a profitable cannabis company for our investors is the singular near-term focus for Aurora and we have begun to implement a business transformation plan where we intend to manage the business with a high degree of fiscal discipline." Aphria Inc. (NASDAQ:APHA)(TSX:APHA) will release financial results for its third quarter and nine months ended February 29, 2020 on April 15, 2020 before market open. Aphria executives will host a conference call to discuss these results at 9:00 am Eastern Time. To listen to the live call, dial 1-888-231-8191 from Canada and the U.S. or (647) 427-7450 from International locations and use the passcode 8021229. A telephone replay will be available approximately two hours after the call concludes through April 29, 2020. To access the recording dial 1-855-859-2056 and use the passcode 8021229. cbdMD Inc. (NYSE:YCBD) announced that the location of its 2020 annual meeting of shareholders will be changed from an in person meeting to a virtual format. The 2020 annual meeting of shareholders, which was previously announced in cbdMD's Notice of 2020 Annual Meeting of Shareholders and Proxy Statement and filed with the Securities and Exchange Commission on March 11, 2020, and originally mailed to shareholders on or about March 11, 2020, will still be held on April 23, 2020 beginning at 1:00 p.m. Eastern time, but in a virtual meeting format only, available at https://www.issuerdirect.com/virtual-event/ycbd. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains 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. Winning Media which has a partnership with www.MarijuanaStox.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. For making specific investment decisions, readers should seek their own advice. Winning Media, which has a partnership with www.MarijuanaStox.com, is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement between Winning Media (partners of www.MarijuanaStox.com) and Mota Ventures Corp., Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Mota Ventures Corp. We own ZERO shares of Mota Ventures Corp. Please click here for full disclaimer. Contact Information: 2818047972 ty@MarijuanaStox.com