GOGY - Golden Grail Technology acquires domain to reflect partnership with Cannabis Sativa

Golden Grail Technology (OTCPK:GOGY) informed Tuesday about the acquisition of the domain aligned to its focus on CBD-infused beverage sector. This new domain is to provide marketable online presence in the move to partner with a South African manufacturer, Cannabis Sativa, who has been selling their CBD beverages for over 7 years. "They are moving quickly to prepare for their line of CBD-Infused Beverages to launch in the states. The newly acquired website will be rebranded and designed to showcase their CBD line," the report read. As per the BevNet's article quoted by Golden Grail in the press release, "In 2021, the U.S. CBD drinks market grew by 50%, while that metric is set to reach 62% this year and 65% in 2023, at which point it will be valued at around $657 million. CBD beverages are expected to generate $146 million in sales via ecommerce."

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Golden Grail Technology acquires domain to reflect partnership with Cannabis Sativa