Cannabis
Premier Development & Investment, Inc. – Clarification Of Our Investment In GNCC Capital, Inc. And Our 2020 Planning
Premier Development & Investment, Inc. (OTC: PDIV) (“The Company” or “Premier”) announces its intentions in respect of its majority shareholding and investments in GNCC Capital, Inc. (OTC: GNCP) (“GNCP”); as follows:
Premier, to date, has acquired 15 billion shares of GNCP Voting Common Stock at a price of $0.0001 per share; representing 41.78% of GNCP’s outstanding Voting Common Stock. In addition, Premier has acquired a total amount of $16,952,016 GNCP Series “A,” “B” and “C” Non-Voting Convertible Preferred Stock; convertible at a 50% discount to GNCP’s trading price. Premier has committed a total sum in the amount of $35,404,032 in the acquisition of these interests in GNCP. The cost of these investments in GNCP are being capitalized through the issuance of a new Premier Convertible Preferred Stock; these being interest free and cannot be converted for a period of not less than two years from the date of their issuance; thereby preserving Premier’s current Capital Structure..
Premier is preparing a very comprehensive “Management Discussion & Analysis Report” setting out its rationale for this sizeable investment and as to how we intend to maximize value and returns for our shareholders and for the GNCP shareholders. This will be made publicly available within the next few days.
Premier is treating its holdings in GNCP solely as an investment. Premier acquired its interests in GNCP at the lowest possible price and its Directors are of the belief that GNCP’s market capitalization and its stock price should in theory, enhance in value; creating a win-win situation for both the Premier and GNCP shareholders. After much thought, careful planning and over a number of months of deliberation, Premier made this investment in GNCP, as in the opinion of its Directors; GNCP is undervalued and this investment could well result in a very substantial profit for our shareholders; and is also to the benefit of the GNCP shareholders.
Premier conservatively does not expect to hold its investment in GNCP for more than two years; however we are fairly optimistic that we could shorten this period very substantially. The Directors wish to stress that any transactions between Premier and GNCP will be entered into “arm’s length” transactions in order to avoid a conflict of interest. Premier’s holding in GNCP is an investment seeking to maximize returns for Premier’s shareholders. Naturally, whatever benefits Premier shareholders in respect of their investment in GNCP, will be of similar benefit to the GNCP shareholders.
A few key points in respect of Premier’s investment in GNCP:-
Premier already holds Mining Exploration interests in Rare Earths with GNCP holding Mining Exploration interests in Gold and Silver interests. The Directors of both Premier and GNCP are the same individuals whom have decades of experience and expertise in the business of Mining Exploration; and have access to necessary and required professional mining expertise.
Premier shall treat its investments in GNCP as a “partnership” between the companies and will Joint Venture and fund GNCP in order to maximize the value of GNCP’s Mining Exploration Interests with the goal of either selling GNCP as a whole or through the sale of the GNCP Mining Exploration Interests (resulting in cash dividends). Premier has had the ability to convert all or part of its shares of GNCP Convertible Preferred Stock, thereby resulting in Premier holding some 99% of GNCP’s Voting shares of Common Stock. It was decided not to deploy such a dilution of GNCP shareholders and to remain with the now decided strategy of the “win-win scenario” thereby benefiting the Premier shareholders as well as the shareholders of GNCP. We decided that this type of “scorched earth tactic” would be detrimental to the GNCP share price and was not therefore in the best interests of Premier’s shareholders.
To that end: Premier is entering into an agreement whereby Premier will not dilute GNCP shareholders. Premier will not sell, cede, assign, pledge or alienate any of its shares of GNCP Common Stock or its shares of GNCP Series “A,” “B” and “C” Convertible Preferred Stock; and for a period of 2 (Two) years*(Note 1). Premier will not permit any Reverse Split of GNCP’s outstanding shares of Common Stock as this would be detrimental to Premier’s interests as well as those of the GNCP shareholders.
*Note 1: In the event of a sale of either GNCP or a sale of GNCP’s Mining Exploration Interests; then and only then would Premier be permitted to sell its GNCP shares and to convert its Preferred Stock.
Premier has no intentions at this time to acquire GNCP. Premier does not intend to increase its voting control of GNCP in excess of 49.9% of GNCP’s outstanding shares of Common Stock. Premier will not issue shares of its Common Stock (unless for cash) as we are determined to preserve and protect Premier’s current capital structure. However, Premier will seek to increase its shareholding in GNCP to some 49.9% of GNCP’s shares of voting outstanding shares of Common Stock; solely in order to protect Premier’s investment and its stated objectives in respect of its plans to unlock value in GNCP and for the benefit of both Premier and GNCP’s shareholders.
Premier’s capital structure is unique thereby allowing it to raise cash and to make stock based acquisitions. Premier has access to loan funding. Premier is aware of the float in GNCP and is weighing up solutions which could result in either a loan to GNCP to fund a GNCP Share Repurchase Program or for Premier to directly acquire GNCP shares in the open market; dependent upon the trading price of GNCP shares from time to time. This will only be effected if it is of benefit to Premier shareholders; and therefore to those of the GNCP shareholders. In the opinion of the Directors, GNCP does not have the capabilities to borrow funds nor to maximize the value of its Mining Exploration Interests; hence this symbiotic relationship which will serve the interests of both the Premier and GNCP shareholders. Premier as of today, has a market capitalization of some 65x the size of GNCP; at Premier’s 52 week high share price, its market capitalization was some 110x the size of GNCP.
Premier views GNCP as a focused and now debt free company after having completely extracted itself from all of the Cannabis investments made in 2019; and with no loss to GNCP shareholders. Premier having acquired a large majority of the issued GNCP Convertible Preferred Stock; removes the threat of GNCP Preferred Stockholders converting into shares of GNCP Common Stock; and at massive discounts. GNCP having eliminated the Dividends being paid to their Preferred Stockholders translates into no further reductions in GNCP’s Shareholders Equity. The accumulated losses in GNCP are very substantial thereby eliminating all or most potential taxable gains from a disposal of its Mining Exploration assets.
GNCP having terminated planned sales of its Mining Exploration interests was fortuitous given that in the past year, the price of Gold has moved from $1,249 to $1,475 reaching an intra-year high of $1,551; similarly the price of Silver has moved from $14.64 to $17.03; reaching an intra-year high of $19.57. That in itself has added significant value to GNCP. Your Directors, in their opinion, remain cautiously bullish on both of Gold and Silver prices for 2020.
PREMIER IMMEDIATE PLANS AND FOR 2020:-
Premier is focused on being PINK CURRENT on the OTC Markets; a process that will be completed within the first week of January, 2020. We have elected to include the Financial Reports coupled with the required extensive Disclosure Statements which will be very detailed and will also now be including the Annual Report for the period ending December 31, 2019. Our immediate plans include the maximization of value of our GNCP investments, the extraction of value for our existing assets as well as the acquisition of businesses, which, upon consummation, will result in revenues, cash flow and profits for Premier; these will serve to meet our desire to diversify Premier into other pre-determined Industry Sectors. Premier may possibly acquire shareholder control of another OTC Market quoted specialized Mining Exploration Company and very likely upon similar terms as was done with our GNCP investment. It is confirmed that the Futures Trading operations previously undertaken by GNCP for a short period of time will now be transferred to Premier; given Premier’s ability to make the necessary capital available as is required to achieve meaningful dollar and percentage returns on that capital deployed.
At this time, the investments in GNCP account for Premier’s second single largest investment. It is envisaged that given our aggressive planning for 2020, we expect our GNCP investment to be our fifth largest investment by end of Q2 of 2020. Premier’s Directors stress that this GNCP investment was opportunistic and in no way impedes Premier’s ambitious plans to achieve certain long standing investment and acquisition goals solely designed to achieve a diversified and profitable Premier. Premier will in no way become over invested in Mining Exploration and will move swiftly to ensure our diversification and profitability. Premier confirms that all profits from its investments in GNCP, upon their realization will be redeployed by Premier to further accelerate its growth trajectory.
Premier is now completing its web site and social media platforms in order for investors and shareholders to gain additional insights into the Company. Premier will from the beginning of January 2020, become very engaged with its shareholders as it commences upon an ambitious growth trajectory.
In conclusion, Premier intends to utilize its capital structure and borrowing facilities to make a number of fairly aggressive pre-planned acquisitions in 2020.
Forward-Looking Statements:-This press release may contain forward-looking statements. The words “believe,” “expect,” “should,” “intend,” “estimate,” “projects,” variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company’s current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company’s filings, which are on file with the OTC Markets Group.
SOURCE Premier Development & Investment, Inc.
Cannabis
New to The Street Announces its Five Corporate Interviews, airings on Newsmax and FOX Business Network
NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) — FMW Media’s New to The Street, a premier business television show, announces their featured corporate lineups on shows 512 and 513. Each show is to air across New to The Street’s televised platforms on Newsmax and the FOX Business Network.
New to The Street airs on Newsmax, Episode 512, on Saturday, September 23, 2023, at 3:30 PM ET, and the FOX Business Network, Episode 513, on Monday, September 25, 2023, at 10:30 PM PT, featuring the following five (5) Corporate interviews:
1). American Made Products – American Rebel Holdings, Inc.’s (NASDAQ: AREB) ($AREB) interview with Andy Ross, Chairman/CEO.
2). E-commerce/ Digital Marketing – Society Pass Incorporated’s (NASDAQ: SOPA) ($SOPA) interview with Rokas Sidlauskas, Chief Marketing Officer.
3). Health Sciences – PreveCeutical Medical, Inc.’s (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF) interview with Stephen Van Deventer, Chairman/CEO.
4). Artist – Hope Tain Oil Painting’s interview with Hope Tain, Artist/Owner.
5). “Sekur Privacy & Sekur Security Segment – The Weekly Hack” interview with internet privacy expert Mr. Alain Ghiai, CEO, Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF) (Sekur®).
America Rebel Holdings, Inc.’s (NASDAQ: AREB) ($AREB) Chairman/CEO Andy Ross is with New to The Street’s TV Host Jane King. From the Nasdaq MarketSite studio, Andy talks about AREB, a NASDAQ publicly traded company that makes “American Made” products. Recognized as “America’s Patriotic Brand,” the Company has several product lines, including safes. A recent FBI raid on the home of a suspected participant on January 6, 2021, at the US Capitol Building revealed a disturbing issue. A competitor’s safe, Liberty Safe, was in the home, and the FBI contacted that manufacturer about the make and model and then Liberty handed over data to open the safe without proper legal premise. Andy explains to viewers that the Company would request appropriate legal service if the FBI contacted American Rebel regarding its Champion safe. Andy informs viewers that American Rebel believes in the United States’ Constitution and those rights inherent to Americans. Privacy is essential to every American, and if the FBI served the Company, Management would fight the legal subpoena under constitutional grounds. American Rebel would never hand over proprietary safe codes.. Demand is up for the Champion’s safes because of this FBI incident. American Rebel’s Champion Safes are affordable and reliable. Another soon-to-launch American Rebel product, “American Rebel Beer,” is coming to market. The US Beer market generates around $44B yearly, and American Rebel Beer is looking forward to breaking into the US Beer market. The roll-out of its lager and light beers will be regional, with the expectation of becoming national in 2024. It is working on other beer flavors, with roll-outs expected in the months ahead. During the Show, Andy announces his new Music CD, “I Stand for You,” which can be heard on airwaves or downloaded digitally. The American Rebel Beer jingle will air soon. Viewers can learn more about the Company’s mission and products through its strong social media presence, websites, and websites like www.americanrebel.com and www.andyross.com. The on-screen QR code is available during the show; download or visit America Rebel, Inc. – http://www.americanrebel.com/.
From the Nasdaq MarketSite studio, Rokas Sidlauskas, Chief Marketing Officer of Society Pass Incorporated (NASDAQ: SOPA) ($SOPA) (“Society Pass”) talks with New to The Street’s TV Host Jane King about SOPA. With a focus on acquisitions and growing its next-generation digital e-commerce platform, SOPA continues to onboard businesses and individuals throughout Southeast Asia. Rokas explains that with about 650 million people, SE Asia is a strong growing market, and SOPA has positioned itself to take advantage of this demographic. SOPA has business operations in Vietnam with a population of 100M, and about 55% are under 30. With a highly tech-savvy population, SE Asia embraces technology and digital solutions. The Company’s loyalty program can be interchangeable in other countries. Through SOPA’s business verticals in retail goods, fintech, telecom, travel, food/beverage, and digital marketing, Rokas gives an example where travel rewards in one country are available to purchase retail products in a different country. SOPA has business operations in Singapore, Vietnam, Philippines, Indonesia, and Thailand and is looking into expanding into Malaysia. 70% of the SE Asian population does not have a conventional banking account; they use digital wallets for purchases. Rokas believes SOPA has opportunities to expand its digital ecosystem to the “Unbanked.” The Company continues executing its business plan and wants to increase its digital ecosystem loyalty program. The loyalty app is available for iOS and Android downloads. The on-screen QR code is available during the show; download or visit Society Pass Incorporated – https://thesocietypass.com/.
PreveCeutical Medical, Inc.’s (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF) (“PreveCeutical”) Chairman and CEO Stephen Van Deventer talks with New to The Street’s TV Host Jane King. PreveCeutical is a medical science company that develops innovative options for preventive and curative therapies using natural and organic compounds. The Company can synthesize molecular organic compounds through its proprietary technology and extensive peptide library to create preventative medical solutions. Using the technology, PreveCeutical developed a compound tested on mice, providing pre-clinical results on a non-addictive pain treatment more potent than opioids and morphine with no significant side effects. A pharmaceutical journal published a peer-review of the pre-clinical results. Stephen has a background in investment banking and was involved in the cannabis industry. He was involved with Aurora Cannabis Company and is passionate about finding organic and natural medical preventative solutions. The scientific team at PreveCeutical consists of doctors, PhDs, and engineers, all with impressive credentials in the pharmacology and pharmaceutical industries. With pre-clinical solid data, the team is moving forward on a clinical trial with the hopes of obtaining fast-track regulatory approvals in the US, Europe, and Australia for commercial distribution of a novel non-addictive pain management drug. The on-screen QR code is available during the show; download or visit PreveCeutical Medical, Inc. – https://www.preveceutical.com/.
New to The Street’s TV Host Jane King, from the Nasdaq MarketSite studio, interviews Hope Tain, Artist/Owner of Hope Tain Oil Painting. Hope was born and raised in Beijing, China, and in the late 1990s she moved to the US to pursue her graduate degree in New York State. In 2011, Hope painted a portrait for her son as his birthday gift; she realized her talent and pursued her art career. As self-taught and working with oil, Tain creates beautiful art depicting portraits, landscapes, seascapes, and still life, anything that inspires her. Tain explains that she visualizes each oil canvas painting before beginning each artwork. Inspirations can come from the Master artists or the simplest of events in her life, but LOVE provides her with the most inspiration for her creativity. Art taught Hope anything is possible, and pursuing her passion becomes a fulfilling career. She is grateful for her family, friends, other artists, and the art gallery communities, all providing support and influential inspiration for her oils. Currently living in Massachusetts, artwork done by Hope Tain is available for sale, or you can commission her talent for your unique and personal piece of art. The on-screen QR code is available during the show; download or visit Hope Tain Oil Painting – https://www.hopetianart.com/.
This week’s New to the Street TV “Weekly Sekur Privacy & Sekur Security Segment” with internationally acclaimed internet privacy expert Mr. Alain Ghiai, CEO of Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF) and TV Host / Multi-media Journalist Ana Berry discuss the most recent “Phishing” attack. Ana recently received a suspicious text message disguised as genuine from the United States Postal Service (USPS). Phishing is occurring on text messaging platforms, with the hacker’s objective for one to click the message link so malware downloads on the device. Alain states that Phishing increased rapidly during and after COVID because of the increased demand for online purchasers. During checkout, most sites ask for a phone number; the hackers have that information and now try to entice the unaware to click links on text messages. Sekur’s cybersecurity products never ask for a phone number. SekurVPN, SekurMail, and SekurMessenger, each with unique features, can significantly minimize the threat of becoming a cybersecurity victim. The SekurMessenger comes with the “Chat-by-Invite” feature, which allows for a close-loop, encrypted platform protecting the subscriber and chat recipient from a possible hack. The whole text message is within Sekur’s servers located in Switzerland. The “Chat-by-Invite” is available for use in 80 countries. SekurMail, with its SekurSend/SekurReply feature, offers subscribers another excellent option for secure encrypted communications. Alain believes that to enhance your internet invisibility and greatly diminish your web footprint, use the Company’s SekurVPN service; subscribers get a Swiss IP address. The Company is offering PROMO CODE: PRIVACY; subscribers can get an additional 15% off monthly and yearly subscriptions for five years. Sekur Private Data, Ltd. does no data mining, no internet traffic tracking, no shared servers, no open-platform coding, and no third-party providers, and never asks for a phone number, and the Company owns and operates its servers in Switzerland, a country with strict privacy laws. The on-screen QR code is available during the shows to download more info or visit Sekur Private Data, Ltd. – https://sekurprivatedata.com/, http://www.Sekur.com and https://www.sekurvpn.com/. “What is your privacy worth?”
About American Rebel Holdings, Inc. (NASDAQ: AREB) ($AREB):
American Rebel Holdings, Inc. (NASDAQ: AREB) ($AREB) operates primarily as a designer, manufacturer, and marketer of branded safes and personal security and self-defense products. The Company also designs and produces branded apparel and accessories – www.americanrebel.com & www.americanrebel.com/investor-relations.
About Society Pass Incorporated (NASDAQ: SOPA) ($SOPA):
Founded in 2018 as a data-driven loyalty, fintech, and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore, and Thailand, which account for more than 80% of the Southeast Asia (SEA) population, and with offices located in Los Angeles, Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (NASDAQ: SOPA) is an acquisition-focused holding company operating six interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA. Society Pass leverages technology to tailor a more personalized experience for customers in the purchase journey and transform the entire SEA retail value chain. SOPA operates Thoughtful Media Group, a Thailand-based, social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in the Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines – https://thesocietypass.com/.
About PreveCeutical Medical, Inc. (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF):
PreveCeutical Medical, Inc. (OTCQB: PRVCF) (CSE: PREV) (FSE: 18H) ($PRVCF) is a health sciences company that develops innovative options for preventive and curative therapies utilizing organic and nature-identical products. The Company aims to be a leader in the preventive health sciences sector. With the completion of three of its research programs, the Company is actively working on the development, clinical trials, and commercialization of its products and has filed several provisional patent applications to protect the intellectual property from its research programs – https://www.preveceutical.com/.
About Hope Tain Oil Painting:
Hope Tain Oil Painting’s Artist/Owner, Hope Tian, finds great excitement and creativity in exploring varied subjects and eclectic oil painting styles. Her artwork ranges from impressionistic or post-impressionistic to expressionistic or fauvist to truly representational to abstract. Hope’s paintings are heavily influenced by her keen interest in and ongoing study of master painters. Standing before Hope Tian’s original oil painting, there is a deep emotional expression, creatively textured layering, vividly vibrant colors, and lively free brush strokes ranging from the lightest touch to heavy, thick paint, all resulting in a unique artistic experience – https://www.hopetianart.com/.
About Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF):
Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) ($SWISF) is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure communications and secure data management. The Company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted emails, and secure communication tools. It sells its products through its websites, www.sekur.com, approved distributors, and telecommunication companies worldwide. Sekur Private Data, Ltd. serves consumers, businesses, and governments worldwide – https://www.sekurprivatedata.com and https://www.sekur.com; Twitter: @sekurprivate.
About New to The Street:
New to The Street is an FMW Media production that operates one of the longest-running US and International sponsored and syndicated Nielsen-rated programming television brands, “New to The Street. Since 2009, New to The Street has run biographical interview segment shows across major U.S. television networks. The Nielsen Rated and sponsored broadcasts programming platform reaches millions of homes in the US and international markets. FMW’s New to The Street / Newsmax televised broadcasting platform airs its syndication on Saturdays at 3:30 – 4:00 PM ET. The show also appears on Bloomberg and the FOX Business Network as sponsored programming. FMW is also one of the nation’s largest buyers of linear television, long and short-form paid programming – https://www.newsmaxtv.com/Shows/New-to-the-Street, https://www.newtothestreet.com/ & https://www.youtube.com/watch?v=4-G2–mRQUw&t=14s.
Forward-Looking Statements Disclaimer US/Canada:
This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements do not guarantee future performance or results and will not necessarily be accurate indications of when such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding agents that join Real. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT:
FMW Media Contact:
Monica Brennan
monica@NewtoTheStreet.com
1-917-330-2564
“New to The Street” Business Development Office
1-516-696-5900
Support@NewToTheStreet.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a4b7c17b-6423-479b-a6df-538a9d6f9969
A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7d40201e-691f-48b2-9547-21f579bda0bb
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
-
- Global CBD Skin Care Market Introduction
- By Source
-
-
- Introduction
-
-
-
-
- Source By Value
-
-
-
-
- Hemp
-
-
-
-
- By Value
-
-
-
-
- Marijuana
-
-
-
-
- By Value
-
-
-
- By Type
-
-
- Introduction
-
-
-
-
- Type By Value
-
-
-
-
- Oils
-
-
-
-
- By Value
-
-
-
-
- Creams & Moisturizers
-
-
-
-
- By Value
-
-
-
-
- Masks & Serums
-
-
-
-
- By Value
-
-
-
-
- Cleansers
-
-
-
-
- By Value
-
-
-
-
- Others
-
-
-
-
- By Value
-
-
- NORTH AMERICA MARKET ANALYSIS
-
- Introduction
- By Source
-
-
- Introduction
-
-
-
-
- Source By Value
-
-
-
-
- Hemp
-
-
-
-
- By Value
-
-
-
-
- Marijuana
-
-
-
-
- By Value
-
-
-
- By Type
-
-
- Introduction
-
-
-
-
- Type By Value
-
-
-
-
- Oils
-
-
-
-
- By Value
-
-
-
-
- Creams & Moisturizers
-
-
-
-
- By Value
-
-
-
-
- Masks & Serums
-
-
-
-
- By Value
-
-
-
-
- Cleansers
-
-
-
-
- By Value
-
-
-
-
- Others
-
-
-
-
- By Value
-
-
-
- U.S.
-
-
- By Source
-
-
-
-
- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
-
-
-
-
- By Type
-
-
-
-
- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
-
-
-
- Canada
- EUROPE MARKET ANALYSIS
-
- Introduction
- By Source
-
-
- Introduction
-
-
-
-
- Source By Value
-
-
-
-
- Hemp
-
-
-
-
- By Value
-
-
-
-
- Marijuana
-
-
-
-
- By Value
-
-
-
- By Type
- Introduction
- By Type
-
-
-
- Type By Value
-
-
-
-
- Oils
-
-
-
-
- By Value
-
-
-
-
- Creams & Moisturizers
-
-
-
-
- By Value
-
-
-
-
- Masks & Serums
-
-
-
-
- By Value
-
-
-
-
- Cleansers
-
-
-
-
- By Value
-
-
-
-
- Others
-
-
-
-
- By Value
-
-
-
- U.K.
-
-
- By Source
-
-
-
-
- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
-
-
-
-
- By Type
-
-
-
-
- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
-
-
-
- Germany
- France
- Spain
- Italy
- Russia
- Nordic
- Benelux
- Rest Of Europe
- APAC MARKET ANALYSIS
-
- Introduction
- By Source
-
-
- Introduction
-
-
-
-
- Source By Value
-
-
-
-
- Hemp
-
-
-
-
- By Value
-
-
-
-
- Marijuana
-
-
-
-
- By Value
-
-
-
- By Type
-
-
- Introduction
-
-
-
-
- Type By Value
-
-
-
-
- Oils
-
-
-
-
- By Value
-
-
-
-
- Creams & Moisturizers
-
-
-
-
- By Value
-
-
-
-
- Masks & Serums
-
-
-
-
- By Value
-
-
-
-
- Cleansers
-
-
-
-
- By Value
-
-
-
-
- Others
-
-
-
-
- By Value
-
-
-
- China
-
-
- By Source
-
-
-
-
- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
-
-
-
-
- By Type
-
-
-
-
- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
-
-
-
- Korea
- Japan
- India
- Australia
- Taiwan
- South East Asia
- Rest Of Asia-Pacific
- MIDDLE EAST AND AFRICA MARKET ANALYSIS
-
- Introduction
- By Source
-
-
- Introduction
-
-
-
-
- Source By Value
-
-
-
-
- Hemp
-
-
-
-
- By Value
-
-
-
-
- Marijuana
-
-
-
-
- By Value
-
-
-
- By Type
-
-
- Introduction
-
-
-
-
- Type By Value
-
-
-
-
- Oils
-
-
-
-
- By Value
-
-
-
-
- Creams & Moisturizers
-
-
-
-
- By Value
-
-
-
-
- Masks & Serums
-
-
-
-
- By Value
-
-
-
-
- Cleansers
-
-
-
-
- By Value
-
-
-
-
- Others
-
-
-
-
- By Value
-
-
-
- UAE
-
-
- By Source
-
-
-
-
- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
-
-
-
-
- By Type
-
-
-
-
- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
-
-
-
- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest Of MEA
- LATAM MARKET ANALYSIS
-
- Introduction
- By Source
-
-
- Introduction
-
-
-
-
- Source By Value
-
-
-
-
- Hemp
-
-
-
-
- By Value
-
-
-
-
- Marijuana
-
-
-
-
- By Value
-
-
-
- By Type
-
-
- Introduction
-
-
-
-
- Type By Value
-
-
-
-
- Oils
-
-
-
-
- By Value
-
-
-
-
- Creams & Moisturizers
-
-
-
-
- By Value
-
-
-
-
- Masks & Serums
-
-
-
-
- By Value
-
-
-
-
- Cleansers
-
-
-
-
- By Value
-
-
-
-
- Others
-
-
-
-
- By Value
-
-
-
- Brazil
-
-
- By Source
-
-
-
-
- Introduction
- Source By Value
- Hemp
- By Value
- Marijuana
- By Value
- Introduction
-
-
-
-
- By Type
-
-
-
-
- Introduction
- Type By Value
- Oils
- By Value
- Creams & Moisturizers
- By Value
- Masks & Serums
- By Value
- Cleansers
- By Value
- Others
- By Value
- Introduction
-
-
-
- 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
-
- Kiehl’s LLC
-
-
- Overview
- Business Information
- Revenue
- ASP
- Gross Margin
- Swot Analysis
- Recent Developmments
-
-
- 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
-
- Research Data
-
-
- Secondary Data
-
-
-
-
- Major Secondary Sources
- Key Data From Secondary Sources
-
-
-
-
- Primary Data
-
-
-
-
- Key Data From Primary Sources
- Breakdown Of Primaries
-
-
-
-
- Secondary And Primary Research
-
-
-
-
- Key Industry Insights
-
-
-
- Market Size Estimation
-
-
- Bottom-Up Approach
- Top-Down Approach
- Market Projection
-
-
- Research Assumptions
-
-
- Assumptions
-
-
- 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%
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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.
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