NEW YORK, November 27, 2018 /PRNewswire/ --
According to data compiled by Mordor Intelligence, the global cannabis market was valued at USD 7.7
Billion in 2016. Furthermore, the market is projected to reach USD 65 Billion by 2023 and
grow at a CAGR of 37% during the forecast period. The market's growth is partly attributable to various countries beginning to
legalize cannabis for medical use, while several U.S. states are in the process of legalizing recreational cannabis as well.
Specifically, within the cannabis market, the cannabinoid or CBD-based products market is rapidly expanding. CBD products are
widely used in both medical and recreational applications, creating a large and versatile market. CBD products are being used to
treat medical conditions such as chronic pain and migraines, but they are also being used in the recreational market in
applications for items such as CBD beverages. According to Cannabis Business Times, citing Brightfield Group, the market is
expected to hit USD 591 Million in 2018, but it is projected to grow by nearly 40 times, to
USD 22 Billion by 2022, if the 2018 Farm Bill passes. Koios Beverage Corp. (OTC: KBEVF), The
Supreme Cannabis Company, Inc. (OTC: SPRWF), Terra Tech Corp. (OTC: TRTC), Auxly Cannabis Group (OTC: CBWTF), Invictus MD
Strategies Corp. (OTC: IVITF)
In the CBD market, offerings such as topicals and capsule-based products are gaining popularity. Although the market remains
relatively small as opposed to the broad global cannabis market, many cannabis startups and even large established companies are
already investing into the CBD industry. Brightfield projects that the rapid growth could have chain retailers entering the
segment as soon as 2019. "On one hand, yes, it's really surprising to see this young industry be at such huge numbers so
quickly-and still kind of pulling itself together-and on the other side, I don't think it's a surprise at all, because it's about
time," Lex Pelger, Science Director at Bluebird Botanicals, said in an interview with Cannabis
Dispensary. "With such a long human history of cannabis being an important plant, it makes sense that this is just exploding back
onto the public consciousness like it does every couple decades."
Koios Beverage Corp. (OTC: KBEVF) is also listed on the Canadian Securities Exchange under the ticker (CSE: KBEV).
Earlier today the company reported, "a corporate overview of the Company's activities in its first six months of operations,
since retail sales began in May, 2018.
Koios Founder and CEO Chris Miller says the Company has enjoyed a rapid pace of growth since
launching its first line of functional nootropic beverages early this year.
"Our focus in this first year has been to develop and refine our line of functional beverages, but also to build out our
distribution network as quickly as possible," Miller said. "I think we have met or exceeded the benchmarks we set for the Company
on both those goals, and in addition we have zeroed in on building out our e-commerce, direct to consumer and distribution
platforms as efficiently and quickly as possible."
On the production side, Koios signed a critical agreement expanding its production capacity by partnering with Rocky Mountain
Soda, a well known producer of high-end organic beverages. The partnership has allowed Koios to test small runs of new products
while at the same time lowering costs for increased production.
In a similar manner, Koios signed a cooperation agreement with cannabis beverage producer Keef
Brands, which accelerated development of cannabis beverages under its wholly owned subsidiary Cannavated Beverage Co.
"As a result of this flexibility Koios has been able to accelerate product development," said Miller. "Through our wholly
owned subsidiary Cannavated, we formulated the first nootropic beverage infused with CBD (cannabidiol), and we are preparing to
launch beverages containing a mix of CBD and THC for the rapidly growing cannabis beverage market.
Koios is best known for the benefits of its proprietary nootropic stack of mind enhancing ingredients that improve mental
acuity, memory and alertness. Miller says the agreements with like-minded companies has allowed Koios to produce other product
lines quickly. These include nootropic powders that provide a higher dosage of ingredients.
The Company also announced in early September that Koios Beverage Corp. will begin production of a new line of functional
beverages under the brand Fit Soda, beginning in the first quarter of 2019. The Fit Soda line of beverages are as much about
taste as they are about the benefits of health supplements. "The idea was to create a beverage that gives you all the taste you
expect from a quality soda product, but with none of the guilt," Miller says. "It's a 'soda with benefits'."
One of the company's main goals over the first two quarters of operations was to increase distribution. On this front Koios
has developed relationships with several major retailers and distribution networks representing thousands of outlets, including
Europa Sports, Sportlife Distribution, KeHe, Wishing-UWell, Alfalfa's Market, Western Functional Beverages, and FC Food
Co-Op.
"Increasing distribution is key to any company's success, and we continue to push hard to get our products on more shelves,"
said Miller. "Even now, we are working to sign up more major distributors to carry our brand across the US and Canada."
About the Company's Business: The Company, through its wholly-owned subsidiary Koios, Inc., is an emerging functional beverage
company which has a large and growing distribution network of retail locations across the United
States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in
the United States, including Europa Sports, SportLife Distribution, KeHE, and Wishing-U-Well.
Together these distributors represent more than 80,000 brick-and-mortar locations across the United
States - from sports nutrition stores to large natural grocery chains including Whole Foods and Sunflower markets. Through
its partnership with Wishing-U-Well, Koios also enjoys a large presence online, including being an Amazon choice product.
The Company, through its wholly-owned subsidiary Koios, Inc., is an emerging functional beverage company which has a large and
growing distribution network of retail locations across the United States in which to sell its
products. Koios has relationships with some of the largest and most reputable distributors in the
United States, including Europa Sports, SportLife Distribution, KeHE, and Wishing-U-Well. Together these distributors
represent more than 80,000 brick-and-mortar locations across the United States - from sports
nutrition stores to large natural grocery chains including Whole Foods and Sunflower markets. Through its partnership with
Wishing-U-Well, Koios also enjoys a large presence online, including being an Amazon choice product.
Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful
chemicals or stimulants. Koios products can enhance focus, concentration, mental capacity, memory retention, cognitive function,
alertness, brain capacity and create all day mental clarity. Its ingredients are specifically designed to target brain function
by increasing blood flow, oxygen levels and neural connections in the brain.
Koios recently launched a wholly owned subsidiary, Cannavated Beverages Co. to develop a line of cannabis infused,
brain-healthy drinks for the legal marijuana market.
Koios is one of the only drinks in the world to infuse its products with MCT oil. MCT oil is derived from coconuts and has
been shown to help the body burn fat more effectively, create lasting energy from a natural food source, produce ketones in the
brain, allowing for greater brain function and clarity, support healthy hormone production and improve immunity. For more
information, please visit our website: https://www.mentaltitan.com"
The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) is a Canadian publicly traded company committed to providing premium
brands and products that proudly reflect its consumers, people and uniquely innovative culture. The Supreme Cannabis Company,
Inc. recently announced that the Company has entered into a three-year agreement with MediPharm Labs Inc., a wholly owned
subsidiary of MediPharm Labs Corp., to facilitate the launch of the Company's cannabis oil products line. MediPharm holds a
processing license and is a leader in the cannabis industry focused exclusively on cannabis extraction and producing
pharmaceutical-grade cannabis oil. "We expected market segmentation as the Canadian cannabis industry evolved and the emergence
of dedicated experts focused on downstream activities. Partnering with product experts, such as MediPharm, allows Supreme
Cannabis to launch oil products quickly," said Navdeep Dhaliwal, Chief Executive Officer of
Supreme Cannabis. "We are excited to be working with MediPharm and look forward to Canadian adult-use consumers being able to
experience High End Cannabis™ oil products derived from what we believe is the best flower being produced at scale."
Terra Tech Corp. (OTCQX: TRTC) operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible
Garden, and MediFarm LLC. Terra Tech Corp., a vertically integrated cannabis-focused agriculture company, today announced that on
November 2nd, 2018 it signed a non-binding letter of intent to merge with Golden Leaf
Holdings Ltd., a cannabis company with cultivation, production and retail operations built around recognized brands. Under the
terms of the letter of intent, a wholly owned subsidiary of Terra Tech will amalgamate with Golden
Leaf, with the resulting amalgamated corporation being a wholly owned subsidiary of Terra Tech. Consummation of the
transaction is subject to a number of conditions, including entering into a mutually agreed definitive arrangement agreement,
completion of due diligence, the waiting period for the Hart-Scott-Rodino Act, state and local regulatory approvals, approval by
the Ontario courts, Terra Tech board approval, Golden Leaf
receiving a positive fairness opinion, Canadian Securities Exchange (the "CSE") approval and Golden
Leaf shareholder and board approval. Derek Peterson, Chief Executive Officer of Terra Tech,
commented, "As new participants enter the cannabis industry the market is undergoing rapid consolidation. The companies that are
vertically integrated with strong brands and multi-jurisdictional operations are best situated to achieve scale and retain
market-leading positions. We are planning to merge with Golden Leaf's operations because its
seed-to-sale business model is complementary to ours, encompassing both the Oregon and Canadian
market which represent new markets for us, and touching Nevada where we are focused on gaining
market share. Its 'Chalice Farms' retail dispensaries are well known and have an excellent reputation in Oregon, and the wholesale side of the business offers diverse, high quality cannabis products for all
demographics, which are complementary to our existing wholesale product lines. This transaction, if completed, will create a
combined company that will control 41 permits across cultivation, manufacturing, distribution and retail spanning Oregon, California and Nevada, in addition
to 21 pending permit applications in multiple jurisdictions throughout the U.S."
Auxly Cannabis Group (OTCQX: CBWTF) is a collective of entrepreneurs with a passion for the cannabis industry
past, present and future. Auxly Cannabis Group Inc. recently announced that the Company has entered into a binding interim
agreement with Atlantic Cultivation Inc., an applicant under the Access to Cannabis for Medical Purposes Regulations pursuant to
which the parties will collaborate on the development of a 110,000 sq. ft. indoor cultivation facility in St. John's, Newfoundland and Labrador and on the development of retail
locations in the province. Auxly and Atlantic have agreed to enter into a supply agreement for the development and supply of
value-added cannabis products using cannabis cultivated at the Facility and developed and manufactured by Dosecann Inc., the
Company's wholly-owned Licensed Dealer in Prince Edward Island. Hugo
Alves, President and Director of Auxly commented: "We are excited to have entered into this partnership with Atlantic
Cultivation, a company led by an excellent management team with deep roots in Newfoundland and
Labrador. This strategic partnership adds significant depth to our operations in Atlantic Canada. This partnership with Atlantic, coupled with our premium craft producer Robinson's Cannabis
in Nova Scotia and our world class innovation and extraction hub at Dosecann in PEI demonstrates
Auxly's commitment to Atlantic Canada where we are building meaningful cannabis businesses that
have a positive impact on the region."
Invictus MD Strategies Corp. (OTCQX: IVITF) is a global cannabis company offering a selection of products under a wide
range of brands. Invictus MD Strategies Corp. recently announced that it has entered into a non-binding Letter of Intent with
GTEC Holdings Ltd. for the acquisition by Invictus of all of the issued and outstanding shares in the capital of GTEC in an
all-share transaction valued at approximately USD 100 Million, forming Western Canada's largest indoor vertically integrated cannabis companies. The combined entities would
provide a robust vertically integrated cannabis company, focused on producing premium flower and complementary product portfolio,
cultivated in purpose-built indoor facilities complemented with superior genetics. "We have been pleased with the continued
execution of the team and business strategy at GTEC," said George E. Kveton, Chief Executive
Officer of Invictus. "The dedication to producing a premium product medical and adult-use recreational portfolio for the industry
has always been our relentless pursuit. This merger allows for both companies to leverage the combined core competencies to
further execute our vision to be at the forefront of the Canadian cannabis industry and beyond."
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