Cannabis
Blueberries Medical Appoints Co-Founder Camilo Villalba as CEO, Exports Expected to Commence in First Half of 2020


TORONTO, Dec. 16, 2019 (GLOBE NEWSWIRE) — Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA) (the “Company” or “Blueberries”), a Latin American licensed producer of medicinal cannabis and cannabis-derived products, is pleased to announce that the Board of Directors has appointed Mr. Camilo Villalba as Chief Executive Officer of the Company. Mr. Villalba, who is a co-founder of Blueberries and currently serves as Chief Operating Officer, will lead the Company’s next phase of operational development, with initial exports expected during the first half of 2020. Dr. Patricio Stocker will continue to support Blueberries as a Senior Strategic Consultant focused on expanding the Company’s international cannabis sales and other strategic initiatives.
“The Board of Directors and I are pleased that Mr. Villalba has agreed to utilize his business leadership skills, operational expertise, and industry knowledge to guide the Company’s future growth,” said Christian Toro, Executive Chairman of Blueberries. “Working alongside our experienced management team including Eduardo Molinari as Chief Marketing Officer and Ian Atacan as Chief Financial Officer, we are confident that with Mr. Villalba at the helm, our company is prepared for future success. We thank Dr. Stocker for his contribution to the company and guidance through the preoperational and development phase and look forward to his contributions in expanding the company’s international footprint.”
“Blueberries has made tremendous progress in a relatively short period of time and are now among the leading group of operators in Colombia,” stated Mr. Villalba. “Now that the infrastructure is in place and commercial cultivation has begun with our approved strains, we are well positioned to ramp up production and meet local and international demand through our company’s owned facilities and agreements with contract growers. I am looking forward to guiding Blueberries in this process as well as establishing a solid operation capable of adapting to the global market conditions.”
Mr. Villalba is a co-founder of Blueberries and has been leading the corporate and operational areas since before the Company became the first Colombian cannabis producer listed on the Canadian Securities Exchange. An entrepreneur and business strategist, Mr. Villalba began his career in the Energy sector, providing consulting services to diverse companies in Latin America. Before founding Blueberries, Mr. Villalba was a private equity investor and supported the creation and growth of ventures in different Latin American markets, including Colombia and Mexico. Mr. Villalba has lived and worked in several cities around the globe, developing a robust international business network.
“When I took on the role of CEO of Blueberries, my main objective was to drive the Company to start operations in our facilities by achieving all necessary milestones on the regulatory, agricultural and extraction facets of the business,” said Dr. Stocker. “Having achieved this goal, it is time for me to focus on helping the company enter new markets and hand over leadership of operations to Mr. Villalba, whose leadership I am certain will help Blueberries succeed in the next phase of its development.”
“Dr. Stocker has been critical in establishing the operations at Blueberries and preparing the company for commercial extraction and sales by building an incredibly capable professional management team and guiding the company during this important juncture,” said Mr. Villalba. “I am excited about leading the company on its path to becoming a prominent supplier of naturally grown premium quality cannabis.”
About Blueberries Medical Corp.
Blueberries is a Latin American licensed producer of naturally grown premium quality cannabis with its primary operations ideally located in the Bogotá Savannah of central Colombia and operations being initiated in Argentina. The Company is led by a specialized team with proprietary expertise in agriculture, genetics, extraction, medicine, pharmacology, and marketing. Blueberries is fully licensed for the cultivation, production, domestic distribution, and international export of CBD and THC-based medical cannabis in Colombia. Blueberries is positioned to become a leading international supplier of naturally grown, processed, and standardized medicinal-grade cannabis oil extracts and related products with its leading scientific expertise, agricultural advantages, and distribution arrangements.
Additional information about the Company is available at www.blueberriesmed.com. For more information, please contact:
Camilo Villalba, Chief Executive Officer
cvillalba@blueberriesmed.com
Tel: +57 (313) 483 0131
Ian Atacan, Chief Financial Officer
iatacan@blueberriesmed.com
Tel: +1 (416) 562 3220
Jessika Angarita, Pacta Relations
angarita@pactarelations.com
Tel: +1 (305) 877 4710
Cautionary Note Regarding Forward-Looking Information
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward looking statements relate, among other things, to: closing of the proposed transactions and achieving milestones in 2019 as contemplated, or at all, ability to expand distribution networks, ability to expand and upgrade the Company’s cultivation facilities in Colombia, internal expectations, expectations regarding the ability of the Company to access new Latin American and international markets, the ability to attract and retain new customers, and future expansion plans including development of the cultivation, production, industrialization and marketing of cannabis for commercial and scientific purposes.
These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the Colombian and international medical cannabis market and changing consumer habits; the ability of the Company to successfully achieve its business objectives; plans for expansion; political and social uncertainties; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on cultivation, production, distribution and sale of cannabis and cannabis related products in Colombia, Argentina and elsewhere; and employee relations. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
Additional information regarding the Company, and other risks and uncertainties relating to the Company’s business are contained under the heading “Risk Factors” in the Company’s Listing Statement dated January 31, 2019 filed on its issuer profile on SEDAR at www.sedar.com.
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Cannabis
CBD Skin Care Market Size is projected to reach USD 6466.43 million by 2030, growing at a CAGR of 32.15%: Straits Research

New York, United States, Sept. 20, 2023 (GLOBE NEWSWIRE) — Cannabidiol (CBD), derived from cannabis resin, is non-intoxicating. Cannabinoid (CBD) is most typically used with oils. CBD oil has anti-inflammatory, antioxidant, and skin-soothing properties. CBD oil is currently a popular ingredient in skin care and personal care products.
Since marijuana and cannabis-based cosmetics were legalized, CBD-infused skin care products have gained popularity. CBD-infused skin care products are popular because they relax. Anti-inflammatory and anti-oxidant properties make it a promising skin care ingredient. CBD-based skincare products can improve sleep and treat eczema, psoriasis, and acne. CBD-based skin care is popular among cosmetic brands. CBD-infused skin care is marketed as “natural cosmetics” CBD skin care products are expected to become popularity due to their versatility.
Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/cbd-skin-care-market/request-sample
Global CBD Skin Care Market: DRIVERS
- Cannabis-Derived Skin Care Products Are Gaining Popularity
A surge in the working population around the world has increased spending power and awareness of the range of commodities on the market, boosting sales of quality products. These factors have led to growing global demand for natural and organic personal care items.
People are becoming increasingly familiar with the benefits of CBD skin care products, such as CBD oil in their daily coffee, using it to their skin to relieve pain, consuming it to relieve anxiety, and using it in their sex life.
- Social-Media’s Impact on Skin Diseases
Because of pollution and UV radiation, which can cause skin burns, blackening, and cancer, consumers are turning to CBD-infused cosmetics and skincare products. Consumers’ increased acquaintance with the newest skin care products helps boost sales. Companies increasingly use celebrities to sell their products and spend a lot on advertising.
YouTube and Instagram are important influences on today’s society. These portals help people find CBD skin care products. Rising customer awareness of the benefits and availability of new products should benefit the global market in the futur
Global CBD Skin Care Market: KEY FUTURE OPPORTUNITIES
- Technological Advances and Mergers Create New Opportunities
Recent scientific advances have resulted to innovative CBD extracts and combinations for skin care. CBD-infused goods from multinational firms are capturing new markets and establishing new cash streams. Avon plans to develop vegan skin care products with CBD oil in 2020. As the cannabis beauty industry grows, component approaches vary. These factors boost market growth.
A growing number of technological innovations are driven by a desire to lower production costs and to foster sustainable growth from 2022 to 2030.
Report Scope
Report Metric | Details |
Market Size by 2030 | USD 6466.43 million |
Market Size in 2021 | USD 526.09 million |
CAGR | 32.15% (2022-2030) |
Historical Data | 2020-2021 |
Base Year | 2022 |
Forecast Period | 2023-2031 |
Forecast Units | Value (USD million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Technology, By Application, By Location |
Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
Key Companies Profiled/Vendors | Kiehl’s LLC, Medical Marijuana, ENDOCA, Elixinol Global ltd, Lord Jones, Icanic Brands Company, Inc., LEEF Organics, The CBD Skincare Co, Kana Skincare, Apothecana, Josie Maran Cosmetics, FOLIUM BIOSCIENCES, CBD for life, Pacific Roots LLC, |
Key Market Opportunities | Technological Advances and Mergers Create New Opportunities |
Key Market Drivers | Cannabis-Derived Skin Care Products Are Gaining Popularity |
Buy Now Full Report @ https://straitsresearch.com/buy-now/cbd-skin-care-market
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the CBD Skin Care Market.
North America, which had over 45% of the market in 2021, is expected to grow quickest. Demand for CBD skin care products in North America is expected to continue high due to a large client base and the legalization of marijuana. Due to legalization in 33 states and DC, the US possesses the world’s largest cannabis market. Cannabis legalization and well-known beauty product makers should boost industry growth in the next years.
CBD-infused skin care products may fuel US customer demand. The FDA Regulation of Cannabidiol (CBD) Products prohibits marijuana but not hemp or cannabis. Manufacturing and selling CBD derivatives is lawful. CBD derivatives may be used as lotions, serums, and ointments.
Asia Pacific will grow rapidly in the future years. China, India, Japan, and Korea are expected to see substantial growth. J-beauty and K-beauty lead the worldwide skincare market, despite cannabis being illegal in Asia. This market is expected to grow rapidly in Asia.
China is one of the main manufacturers of cannabis made from hemp, and the World Bank and IMF expect it to monopolize the market throughout the predicted period. China allows the production and sale of CBD products with a maximum 0.3% THC content from cannabis Sativa fruit, seed oil, and leaf extract. This benefits its use in high-end skincare and luxury cosmetics.
Due to changing legislation, India’s CBD skin care market is growing. The Narcotic Drugs and Psychotropic Substances Act of 1985 says it’s unlawful to produce cannabis in the U.S., although states can allow its commercial or research cultivation.
Key Highlights
- The Global CBD Skin Care Market size is predicted to reach at USD 6466.43 million by 2030, increasing at a CAGR of 32.15% from 2022 to 2030.
- By Source,the Global CBD Skin Care Market is segmented into Hemp and Marijuana. CBD skin care products derived from hemp maintained the biggest market share.
- By Type,the Global CBD Skin Care Market is segmented into Oils, Creams & Moisturizers, Masks & Serums, Cleansers, and Others. In 2021, the market was led by skin care oils containing CBD.
- By Region,the Global CBD Skin Care Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The market share is dominated by North America.
Major Players in Global CBD Skin Care Market
- Kiehl’s LLC
- Medical Marijuana
- ENDOCA
- Elixinol Global ltd
- Lord Jones
- Icanic Brands Company, Inc.
- LEEF Organics
- The CBD Skincare Co
- Kana Skincare
- Apothecana
- Josie Maran Cosmetics
- FOLIUM BIOSCIENCES
- CBD for life
- Pacific Roots LLC
- Ecogen labs
Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/cbd-skin-care-market/request-sample
Global CBD Skin Care Market: Segmentation
BY SOURCE
- Hemp
- Marijuana
BY TYPE
- Oils
- Creams & Moisturizers
- Masks & Serums
- Cleansers
- Others
BY GEOGRAPHY
- North America
- Europe
- Asia Pacific (APAC)
- Latin America
- Middle East and Africa (MEA)
TABLE OF CONTENT
- EXECUTIVE SUMMARY
- RESEARCH SCOPE & SEGMENTATION
- Research Objectives
- Market Definition
- Limitations & Assumptions
- Market Scope & Segmentation
- Currency & Pricing Considered
- MARKET OPPORTUNITY ASSESSMENT
-
- Emerging Regions / Countries
- Emerging Companies
- Emerging Applications / End Use
- Investment Landscape
- New Business Models / Revenue Streams
- TAM
- MARKET TRENDS
-
- Drivers
- Market Warning Factors
- Latest Macro Economic Indicators
- Geopolitical Impact
- Human Factors
- Technology Factors
- MARKET ASSESSMENT
-
- Porters Five Forces Analysis
- Value Chain Analysis
- Sales And Distribution Channel Analysis
- Average Pricing Analysis
- Patent Analysis
- M & A Agreements & Collabration Analysis
- Export Import Analysis
- ESG TRENDS
- GLOBAL CBD SKIN CARE MARKET SIZE ANALYSIS
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- Global CBD Skin Care Market Introduction
- By Source
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- Introduction
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- Source By Value
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- Hemp
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- By Value
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- Marijuana
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- By Value
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- By Type
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- Introduction
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- Type By Value
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- Oils
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- By Value
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- Creams & Moisturizers
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- By Value
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- Masks & Serums
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- By Value
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- Cleansers
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- By Value
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- Others
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- By Value
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- NORTH AMERICA MARKET ANALYSIS
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- Introduction
- By Source
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- Introduction
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- Source By Value
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- Hemp
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- By Value
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- Marijuana
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- By Value
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- By Type
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- Introduction
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- Type By Value
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- Oils
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- By Value
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- Creams & Moisturizers
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- By Value
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- Masks & Serums
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- By Value
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- Cleansers
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- By Value
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- Others
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- By Value
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- U.S.
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- By Source
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- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
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- By Type
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- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
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- Canada
- EUROPE MARKET ANALYSIS
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- Introduction
- By Source
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- Introduction
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- Source By Value
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- Hemp
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- By Value
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- Marijuana
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- By Value
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- By Type
- Introduction
- By Type
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- Type By Value
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- Oils
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- By Value
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- Creams & Moisturizers
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- By Value
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- Masks & Serums
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- By Value
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- Cleansers
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- By Value
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- Others
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- By Value
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- U.K.
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- By Source
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- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
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- By Type
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- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
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- Germany
- France
- Spain
- Italy
- Russia
- Nordic
- Benelux
- Rest Of Europe
- APAC MARKET ANALYSIS
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- Introduction
- By Source
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- Introduction
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- Source By Value
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- Hemp
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- By Value
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- Marijuana
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- By Value
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- By Type
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- Introduction
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- Type By Value
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- Oils
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- By Value
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- Creams & Moisturizers
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- By Value
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- Masks & Serums
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- By Value
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- Cleansers
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- By Value
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- Others
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- By Value
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- China
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- By Source
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- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
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- By Type
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- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
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- Korea
- Japan
- India
- Australia
- Taiwan
- South East Asia
- Rest Of Asia-Pacific
- MIDDLE EAST AND AFRICA MARKET ANALYSIS
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- Introduction
- By Source
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- Introduction
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- Source By Value
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- Hemp
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- By Value
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- Marijuana
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- By Value
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- By Type
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- Introduction
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- Type By Value
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- Oils
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- By Value
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- Creams & Moisturizers
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- By Value
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- Masks & Serums
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- By Value
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- Cleansers
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- By Value
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- Others
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- By Value
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- UAE
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- By Source
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- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
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- By Type
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- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
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- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest Of MEA
- LATAM MARKET ANALYSIS
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- Introduction
- By Source
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- Introduction
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- Source By Value
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- Hemp
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- By Value
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- Marijuana
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- By Value
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- By Type
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- Introduction
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- Type By Value
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- Oils
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- By Value
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- Creams & Moisturizers
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- By Value
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- Masks & Serums
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- By Value
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- Cleansers
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- By Value
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- Others
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- By Value
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- Brazil
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- By Source
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- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
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- By Type
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- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
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- Mexico
- Argentina
- Chile
- Colombia
- Rest Of LATAM
- COMPETITIVE ASSESSMENT
-
- CBD Skin Care Market Share By Manufacturers
- CBD Skin Care Market Ranking By Revenue For Manufacturers
- Competitive Dashboard
- Product Mapping
- MARKET PLAYERS ASSESSMENT
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- Kiehl’s LLC
-
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- Overview
- Business Information
- Revenue
- ASP
- Gross Margin
- Swot Analysis
- Recent Developmments
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- Medical Marijuana
- ENDOCA
- Elixinol Global Ltd
- Lord Jones
- Icanic Brands Company, Inc.
- LEEF Organics
- The CBD Skincare Co
- Kana Skincare
- Apothecana
- Josie Maran Cosmetics
- FOLIUM BIOSCIENCES
- CBD For Life
- Pacific Roots LLC
- Ecogen Labs
- RESEARCH METHODOLOGY
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- Research Data
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- Secondary Data
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- Major Secondary Sources
- Key Data From Secondary Sources
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- Primary Data
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- Key Data From Primary Sources
- Breakdown Of Primaries
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- Secondary And Primary Research
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- Key Industry Insights
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- Market Size Estimation
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- Bottom-Up Approach
- Top-Down Approach
- Market Projection
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- Research Assumptions
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- Assumptions
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- Limitations
- Risk Assessment
- APPENDIX
-
- Discussion Guide
- Customization Options
- Related Reports
- DISCLAIMER
Table of Content and Figure @ https://straitsresearch.com/report/cbd-skin-care-market/toc
News Media
Global CBD Skin Care Market Extends at a Healthy CAGR of 32.15%
Have a Look at the Related Research Report
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Organic Skin Care Market: Information by Product (Face Cleanser, Face Serum), Distribution Channel (Online, Supermarket/Hypermarket), and Region — Forecast till 2030
Facial Skincare Products Market: Information by Product Type (Facial Cleanser, Toner, Facial Serum, Eye Creams), Distribution Channel (Specialty Stores), and Region — Forecast till 2030
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Cannabis
Legal Cannabis Commercialization Bolsters Vacuum Oven Demand; Essential Role in Processing Extracts and Enhancing Safety Recognized

Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) — The “Vacuum Ovens Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering.
The global vacuum ovens market exhibited strong growth in 2022, reaching a total valuation of US$ 234.3 million. According to this report the market is poised for continued expansion, with expectations to reach US$ 343.2 million by 2028. This growth reflects a robust compound annual growth rate (CAGR) of 6.38% during the forecast period from 2023 to 2028.
Vacuum ovens, highly versatile equipment with applications in laboratory research, engineering, and industry, play a pivotal role in the heat treatment process. These ovens conduct heat treatment within an airtight vessel, allowing the creation of a vacuum within the chamber. This capability enables precise control over the heat treatment process and offers several advantages, including:
- Prevention of surface reactions like oxidation or decarburization.
- Removal of surface contaminants such as oxide films and residual traces of lubricants.
- Introduction of substances to the surface layers of the work.
- Removal of dissolved contaminating materials from metals through degassing.
The vacuum oven market’s growth is closely tied to the legalization of cannabis in many parts of the world and the subsequent commercialization of related products. Vacuum ovens play a crucial role for legal cannabis growers in processing cannabis extract BHOs (Butane Hash oil).
These ovens enable the production of purified oil extracts while reducing the risk of fires during the extraction process. Furthermore, vacuum ovens are used in the medical industry to eliminate potentially toxic chemicals from medical devices, including artificial heart valves, pacemakers, and joint implants. These ovens also find application in testing how devices respond to the high vacuum environment of space, making them valuable equipment for the aerospace industry.
Key Market Segmentation:
The global vacuum ovens market report by [Publisher Name] analyzes key trends within each sub-segment and provides forecasts at the global and regional levels for the period from 2023 to 2028. The market is segmented based on product type and application.
Product Type:
- < 200
- 200-300
- > 300
Application:
- Home Appliances
- Commercial Appliances
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report offers a comprehensive analysis of the competitive landscape, featuring key players such as Cole-Parmer, Memmert GmbH+Co.KG, MTI Corporation, Sheldon Manufacturing Inc, Thermo Fisher Scientific, Accumax India, BINDER GmbH, Cascade TEK, ESPEC, Grieve, JEIO, SalvisLab Renggli, Shanghai Hasuc Instrument, Ted Pella, and Yamato Scientific.
This report provides in-depth insights into the global vacuum ovens market, covering macro overviews, micro details of industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, and more. It is a crucial resource for entrepreneurs, investors, researchers, consultants, business strategists, and anyone involved or planning to enter the vacuum ovens industry.
Key Questions Answered in This Report:
- How has the global vacuum ovens market performed and what are the growth prospects in the coming years?
- Which regions are the primary markets in the global vacuum ovens industry?
- What impact has COVID-19 had on the global vacuum ovens industry?
- How is the global vacuum ovens market segmented based on product type?
- What are the applications driving the global vacuum ovens market?
- What are the price trends for vacuum ovens?
- What is the value chain structure of the global vacuum ovens market?
- What are the key factors driving growth and challenges in the global vacuum ovens market?
- Who are the major players in the global vacuum ovens market, and what is the competitive landscape like?
- How are vacuum ovens manufactured?
Key Attributes:
Report Attribute | Details |
No. of Pages | 139 |
Forecast Period | 2022 – 2028 |
Estimated Market Value (USD) in 2022 | $254.3 Million |
Forecasted Market Value (USD) by 2028 | $343.2 Million |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/n83xum
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
Cannabis
Endexx Announces Amended Consolidated 10-Q/A: Quarterly Report for The Quarter Ending March 31, 2023, Increasing Year-Over-Year 1013%

Endexx Year Over Year Six Month Revenues Grew 528%
CAVE CREEK, AZ, Sept. 19, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx® Corporation (OTCQB: EDXC), a provider of innovative plant-based wellness and nutritional products, announced today the filing of its amended, consolidated, audited 10-Q/A Quarterly report for the quarter ending March 31, 2023.
Endexx Milestones and Highlights for the quarter ending March 31, 2023
● Year-over-year quarterly revenues increased 1013% from $254,686 to $2,833,378.
● For the six months ended March 31, 2023, Endexx recorded a 528% increase in revenue, from $529,277 to $3,326,087 Year-Over-Year for the same period.
● Six-month losses year-over-year improved, March 31, 2023 were $2,584,678 compared to $4,426,299 in the same period of fiscal 2022.
“Consolidating the audited financials and integrating Hyla’s operations into Endexx, we’ve catapulted into an era marked by unprecedented growth, painting Fiscal 2023 as a canvas of resurgence and robust expansion amidst a two-year stagnation in the cannabis and hemp industry,” said Todd Davis. “This synergy has not just revitalized our foothold in the domestic market but has also catapulted us onto the global stage, significantly multiplying our retail presence into 11 countries, particularly during the initial half of Fiscal 2023.”
www.endexx.com & www.cbdunlimited.com
About Endexx Corporation
Endexx Corporation develops and distributes all natural, plant-derived wellness products and topical skincare products. Its products vary from balms, creams, lotions, butters, masks, scrubs, and oils, all with the shared purpose of healthy skin and grooming wellness. The science behind these products involves a decade of clinical research in the field and lab work to provide functional formulation with ingredients for optimal absorption and support of skin health. www.endexx.com
Hyla currently markets its proprietary non-nicotine, guarana and L-Dopa-based vape products in a wide variety of flavors. The Hyla device is the first non-nicotine vape product to be produced in this manner in the United States and provides an unprecedented 4,500 puffs per device. Hyla is currently being distributed in 10 countries and has signed distribution agreements with an additional nine countries. www.tryhyla.com
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
We caution that any forward-looking statements (as such term is defined in the U.S. Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management, or our spokespeople involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future operating results, the implementation and impact of our strategic plans, and our ability to meet environmental, social, and governance goals. Words such as “estimate,” “commit,” “target,” “goal,” “project,” “plan,” “believe,” “seek,” “strive,” “expect,” “anticipate,” “intend,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, could affect our financial performance and cause actual results to differ materially from those expressed or implied in any forward-looking statements.
Except as may be required by law, we assume no obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. More information on potential factors that could affect our results is included “Risk Factors” in our amended Annual Report on Form 10-K/A filed with the Securities and Exchange Commission on June 9, 2023.
No Offer or Solicitation. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and, where applicable, the requirements under the securities laws of any other applicable jurisdiction.
For further information, please contact:
Endexx Corporation
IR@Endexx.com
480-595-6900
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