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/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov