HOUSTON, TX / ACCESSWIRE / January 15, 2019 / The cannabis boom has
become the New Gold Rush of 2019.
Legalization in North America. Growing acceptance in the global community, as well as sizable interest from corporate America is
quickly fueling a sizable boom.
Just took at the booming cannabis beauty market, for example.
"There is a great deal of room for innovation in his sector, and topicals and beauty products are expected to explode with
legalization and the entry of major consumer packaged goods companies," notes market research firm, The Brightfield Group.
In fact, thanks to cannabis, profit margins for concentrates and infused products in the
sector are estimated at around 32% - significantly higher than those typically realized by alcohol, soft drinks, and cigarettes,
according to the Marijuana Business Factbook.
Beauty and wellness companies already benefiting include The Yield Growth Corporation (CSE:
BOSS) (OTC PINK: BOSQF), Estee Lauder Companies Inc. (NYSE: EL) and Sephora USA Inc., a subsidiary of LVMH Moet Hennessey Louis Vuitton (OTC PINK: LVMUY).
The Yield Growth Corporation's (BOSS) (BOSQF)hemp-based wellness brands could very well
be disruptive to several sectors, including wellness, makeup and leisure for example. For example, it just announced its second
manufacturing run of 5,000 unit of its Urban Juve Lip Balm, given overwhelming demand. Its Urban Juve subsidiary is also
commercializing a catalog of over 50 products, as it quickly builds its international business channels.
In addition, thanks to the 2018 U.S. Farm Bill, Urban Juve is now designing packaging and preparing for FDA registration so it
can sell its hemp-based products with U.S. skin care and makeup retailers such as Sephora and Ulta Beauty, specialty grocers such
as Whole Foods, wellness chains such as Planet Organic and Sobeys, and pharmacies with a focus on personal care products and
cosmetics like Shoppers Drug Mart and London Drugs.
For More Information on The Yield Growth Corporation (BOSS.CN),
Click Here.
Estee Lauder (EL) is one of the biggest cosmetics companies to make the move into cannabis cosmetics, as well. In fact, its
Origins company launched a face mask called, "Hello, Calm," which is infused with cannabis sativa seed oil from hemp.
According to an Origins press release, the facial mask is infused with cannabis sativa seed oil, aka hempseed oil, rather than
CBD oil. Hempseed, like CBD, is non-intoxicating. Origins claims that Hello, Calm "helps to soothe the mood and de-stress the
senses."
"We didn't do it before because it had negative connotations, but as more people start to understand the benefits of it - even
in medicine - it's become more acceptable," said Origins Global General Manager Julie Van Ongevalle to Glossy.
For More Information on Estee Lauder Companies Inc., Click Here.
Sephora USA Inc., a subsidiary of LVMH Moet Hennessey Louis Vuitton, introduced "High Beauty," its first cannabis-infused
cosmetic line. The line launched two new products called, High Expectations (a cannabis facial oil) and High Five (a cannabis
facial moisturizer).
For More Information on Sephora USA Inc., Click Here.
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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements
that are subject to certain risks and uncertainties that could cause actual results to differ materially from aressed or implied by
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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
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