#CBD Is Going to the
Dogs: Continued Growth in #Hemp Derived #Pet Products; (TSX: $WEED.TO) (NYSE:
$CGC) (OTC: $LRSV) (CSE: DIX.U.C) (CSE: $SOL.C) (OTCQB: $SOLCF)
Point Roberts WA,
Delta, BC – March 4, 2019 - Investorideas.com, a leading investor news resource covering
hemp and cannabis stocks releases a snapshot looking at continued growth in the
CBD pet industry and potential movers in the space.
Read this in full at https://www.investorideas.com/news/2019/cannabis/03041Stocks-Pets.asp
Canopy Growth Corporation (TSX: WEED.TO) (NYSE: CGC), always a strong market indicator, partnered with
Sequential Brands Group, Inc. to announce that Martha Stewart has joined the
Company in an advisory role to assist with developing and positioning a broad
new line of product offerings across multiple categories, one of which is the
rapidly growing pet wellness category.
"I am delighted to establish this partnership with
Canopy Growth and share with them the knowledge I have gained after years of
experience in the subject of living," said Martha Stewart. "I'm
especially looking forward to our first collaboration together, which will
offer sensible products for people's beloved pets."
Canopy Growth is not taking this sector lightly, having
previously reported that it will invest between $100 and $150 million in a hemp
industrial park in New York State with the intended purpose of being the
Company's first hemp facility in the United States.
Linkreservations Inc.
(OTC: LRSV), a
provider of cannabidiol (CBD) products specifically tailored for pets, today announced
plans to change the name of the Company to LinkResPet. The new rebrand will
follow a restructuring and new focus on the holistic petcare market,
specifically cannabinoid (CBD) products tailored for pets.
This follows news
recently announced the acquisition of
an e-commerce website called www.LinkResPet.com.
“The decision to
change the company name comes as part of our change in direction as a business
to focus on the petcare and CBD industries. Both markets are seeing a big boost
in demand and good quality response for both, so it is a great time to enter
the market with products that will truly make a difference,” said Rene
Lauritsen, CEO at LinkResPet. “Our mission is to provide the best quality CBD
solutions for pets, targeted at treating dogs, cats and horses – we want our
name to reflect that commitment.”
Describing their
brand on their site, LinkResPet says,”Our CBD products can help
pets in a variety of ways: Allergies and Immune System, Hip and Joint Mobility,
Anxiety and Comfort and Everyday Health and Wellness.”
Being one of the few,
if not the only public company to include CBD horse products, LinkResPet notes, “When it comes to the use of CBD in
horses, you can only use CBD supplements specifically designed for them, as
they are large animals and regular supplements would be too minimal to be
effective.”
Dixie Brands Inc. (CSE: DIXI.U), one of the cannabis industry's
leading consumer packaged goods companies, recently announced that its pet wellness subsidiary,
Therabis LLC is entering the feline market with hemp-based soft chews designed
to promote stress relief. "Calm and QuietTM” soft
chew treats will be Therabis' first product for cats, building upon its
successful line of hemp-based treats and food toppers for dogs.
"We are introducing the first hemp-based, soft-chew
cat treat that is targeting a specific indication – in this case stress,"
said Bob Rubin, President of Therabis.
"Our goal is to ease stress in cats and help them maintain a calm
demeanor in situations that may cause them to be apprehensive. Pets are members
of our families, and we believe people will respond very favorably to an
all-natural product that can help improve their cats' quality of life."
SOL Global
Investments Corp. (CSE: SOL) (OTCQB: SOLCF), has taken notice
of this growing segment, having announced the formation of a
new international hemp-focused subsidiary, Heavenly Rx Ltd.
Heavenly Rx intends
to hold controlling ownership interests in various industry-leading assets in
the hemp/CBD and THC-free cannabinoid wellness space, with an initial focus on
hemp cultivation, processing and the manufacturing of a diverse range of
traditional CBD products including oils, tinctures, balms, and vape-ready
products. Additionally, Heavenly Rx intends to include several proprietary
brands across numerous consumer product group verticals such as cosmetics and
beauty products, bath and body products, infused foods (subject to governmental
approvals and/or compliance) and a number of pet-related products.
As more pet owners
become increasingly concerned with their pets overall health, including mental
and physical, (as opposed to simply physical) and nutrition, the Hemp and CBD
space continues to gain traction and we will continue to see more natural,
healthy products come to market to help improve the overall lives of our four-footed
family members.
For investors
following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX
Marijuana/Hemp Stocks
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