CARLSBAD, Calif., Oct. 11, 2016 /PRNewswire-iReach/ -- Isodiol, the Southern California-based hemp cannabinoid innovator, is proud to announce the addition of new hemp cannabidiol (CBD)-infused water and CBD-infused water enhancers to the U.S. market. The Company is also announcing its membership with the National Hemp Association, a national organization that supports the growth and development of all aspects of the emerging industrial hemp industry.
A recent industry report published by the Hemp Business Journal, available through the National Hemp Association, indicates U.S. hemp industry sales topped $593 million in 2015 and are on pace to reach $1.8 billion by 2020. Isodiol's efforts in the U.S. hemp industry represent as much as 37% in product categories: Hemp Cannabinoids at 14%, Supplements at 8%, and Personal Care at 15%.
Two product categories not yet listed in the report are Isodiol's latest innovations developed with CBD Naturals: CBD-infused bottled water and CBD-infused water enhancers; both U.S. markets (non-CBD) are projected to reach $17.83 billion by 2020.
"Isodiol is proud to announce the inclusion of hemp CBD-infused products in the North American dominated markets of bottled water and water enhancers," states Jared Berry, CEO of Isodiol. "Isodiol and our sister company, CBD Naturals, have the unique ability to provide water-based finished products. This opens the door to much more innovation in the global cannabis industry."
U.S. Bottled Water: $15 Billion in 2015 with 34.7% Projected Growth through 2020
The U.S. bottled water market indicates significant growth opportunities. Market research firm, Mintel, reveals that sales of bottled water increased 6.4 percent to top $15 billion in 2015. The market research firm expects sales to continue ascending at a rapid pace through 2020, with projected sales growth of 34.7 percent for the category.
U.S. Water Enhancers: $2.83 Billion Projected Growth by 2020
Formulations that claim to add flavor and additional nutritional benefits without any carbonation are called water enhancers. The global water enhancer market, reported by Mordor Intelligence, had revenue of $1.371 billion in 2014 and is expected to reach $ 2.83 billion by 2020 with an estimated CAGR of 12.8%. According to the report, North America dominated the sector with 38% of market share.
ISODIOL PERFORMANCE is a revolutionary new THC-free sports nutrition and pain management product line that includes water soluble, nano-amplified CBD. The Spokesperson for ISODIOL PERFORMANCE is co-Founder Marvin Washington, 11-year NFL veteran and Super Bowl winner.
Unique to Isodiol, Nano CBD is a revolutionary "game changer" because today's consumer demands immediate results. ISODIOL PERFORMANCE delivers immediate results with every use. The current product line ranges from:
- ISODrops – A full-spectrum, nano-amplified phytocannabinoid beverage enhancer designed to add balance to your active lifestyle. Convenient and easy to use, simply add 1-5 drops to your favorite beverage or protein shake and enjoy.
- ISOHydrate – This cutting-edge, all-natural hydration beverage takes water to a whole new level. ISOHydrate combines science and nutrition to hydrate in a highly effective way. Powered by phytocannabinoids, d-Ribose, Methyl B12, CoQ10, and electrolytes, ISOHydrate will help you stay hydrated and health during every athletic performance.
- ISOMend – An innovative, instant working cooling gel designed to help mend and soothe discomfort before and after physical activities. Powered by Cebidiol, a micro-encapsulated, time-release CBD skin care delivery technology and menthol, ISOMend is guaranteed to provide fast results.
- ISOGuard – This melon flavored oral mist incorporates a proprietary blend of masterfully combined adaptogenic herbs synergistically paired with the advanced science of Heneplex™, a nano-amplified hemp complex, designed to help alleviate discomfort and tension naturally from any physical activity.
The full line of ISODIOL PERFORMANCE products will be displayed at the Southwest Cannabis Conference & Expo held at the Phoenix Convention Center October 15th – 16th at exhibit #601. Details on the event can be found online at https://swccexpo2016.com/ Members of the media: For press passes, in-studio and on-site interviews, please contact: Denise Mahaffey at 760.908.6565 or media@isodiol.com
Berry concludes, "It is a well-known fact that the popularity of hemp is growing year over year. Isodiol's products ship anywhere hemp products are sold. This is welcome news for consumers seeking hemp CBD products."