ACB - CBD Event Cancellations Multiply Due To Coronavirus CBD Companies Prepare Alternative Strategies
CBD event cancellations have multiplied due to the coronavirus worldwide. As a result, CBD companies are preparing alternate strategies to stay informed and market digitally during the crisis. CBD is not a cure for coronavirus although its properties address key elements. It is known to offer anti-viral, anti-inflammatory and anti-bacterial properties. It also acts as an effective treatment for nausea and vomiting, which can be induced by the coronavirus in humans.
The impact of the coronavirus globally has also intensified coverage of CBD. Companies such as stockmarketpress.com feature coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) and OrganiGram Holdings Inc. (NASDAQ: OGI).
CBD Event Cancellations Multiply Due To Coronavirus, CBD Companies Prepare Alternative Strategies
Some of the CBD-related cancellations thus far are: 1) Natural Products Expo West, March 3-7; SXSW, March 13-22 in Austin, Texas; California Cannabis Industry Association Policy Conference, March 18; Ultra Music Festival, Miami, March 20-22; National Cannabis Unity Conference, March 25-28; CannaTech, Tel Aviv, March 30-31; International Cannabis Business Conference, Berlin, April 1-3; and AHPA Hemp-CBD Supplement Congress, Portland, April 14-15. And we still have eight months remaining in 2020.
The cancellations run the gamut from cancellations of South By Southwest, an interactive event that draws some 280,000 people, to the far smaller AHPA Hemp-CBD Supplement Congress that has hemp and CBD membership. Meetings that planned to discuss CBD and medical marijuana issues were cancelled. CBD event cancellations multiply due to coronavirus, CBD companies prepare alternative strategies.
Events Will Often Be Recreated On The Net
These events will either be rescheduled for later in 2020 or in 2021, or planned CBD issues will be discussed digitally or in formal paper form. Either way, the cancellations of events are major issues now — but will be recreated on the net or rescheduled for the CBD industry. CBD event cancellations multiply due to coronavirus, CBD companies prepare alternative strategies.
Companies like CBD Unlimited, Inc. (OTC PINK: EDXC) will continue to build their high profile and brand status within the financial community as well as the CBD market. Coronavirus will have changed numerous travel plans for business influencers and consumer buyers alike, but companies like CBD Unlimited, Inc. (OTC PINK: EDXC) will continue to be aggressive in buying other companies and marketing to retailers. Last week, CBD Unlimited, Inc., acquired Kush, Inc., a New York-based media driven entity that builds brands and also owns Kushwear.net.
It expands the lines of CBD Unlimited, Inc. (OTC PINK: EDXC) and positions the company to extend its product pipeline into clothing brands under the Kushwear name. It has also hired full time Charlie Mohr, president and founder of Kush, Inc., who will now work a new wholly-owned subsidiary of CBD Unlimited, Inc. (OTC PINK: EDXC). Todd Davis, CEO and chairman of CBD Unlimited, said the company plans to expand its network. In 2019, CBD Unlimited, Inc. (OTC PINK: EDXC) reported a 101% annual increase in revenues over the prior year. Davis said the company is ‘on track’ to meet its upward growth trajectory and surpass YOY guidance and goals.
CBD Unlimited, Inc.’s (OTC PINK: EDXC) Seed-To-Shelf Quality Strategy.
CBD Unlimited, Inc. (OTC PINK: EDXC) makes sure its CBD products are highest quality, American-manufactured and tightly controlled by a seed-to-shelf strategy. Its hemp is certified and grown in Colorado and Kentucky. It has premium genetics and superior quality, the company said in its recent Corporate Presentation. Its extracts in processing are rich in phyto-cannabinoids and terpenoids which are non-psychoactive. Product is cGMP Certified (Good Manufacturing Practice Certification).
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press