CBD Life Sciences, Inc. (CBDL) Applies for Agricultural Hemp License in Arizona
CBD Life Sciences (CBDL) is applying for an Agricultural Hemp License in Arizona through its subsidiary LBC Bioscience Inc.. This license will enable the company to establish a grow facility and explore diverse product offerings including flower, edibles, oils, and creams. President & CEO Lisa Nelson emphasized the potential for significant revenue growth, citing the versatility of hemp with over 25,000 uses. The global CBD market is projected to reach USD 13.4 billion by 2028 with a 21.2% CAGR. Additionally, CBD Life Sciences is nearing the opening of its third retail location.
- Application for Agricultural Hemp License allows for potential revenue growth.
- Establishment of a grow facility will diversify product offerings.
- Strong market potential with CBD market expected to reach USD 13.4 billion by 2028.
- None.
SCOTTSDALE, AZ / ACCESSWIRE / August 30, 2021 / Today CBD Life Sciences (OTC PINK:CBDL) through its wholly owned subsidiary, LBC Bioscience Inc. announces that the company is applying for the Agricultural Hemp License in Arizona!
CBD Life Sciences Inc. is taking an awesome direction for growth and increased revenue as it is just waiting on Approval of the Hemp License in the state of Arizona so the company can open their very own grow facility along with possible storage facilities as well. President & CEO Lisa Nelson states, "This is a tremendous opportunity for expansion in products and it will give us a chance to explore all different kinds of avenues from flower & edibles to oils and creams along with experimenting around with strengths of the products as well!" Lisa Nelson also states, "We are heading on the right path for great outcomes within the company and we are super ecstatic for the customers and shareholders as we continue to update and improve!"
Hemp has the potential to improve the lives of many Americans, including those who grow it. The difference in dollar value between an acre of corn and an acre of hemp is astronomical. The difference in sustainability between an acre of hemp and an acre of trees grown for paper is incredible. From paper to biodiesel fuel to wellness-promoting oil, hemp can be turned into an almost endless supply of different products. In fact, there are over 25,000 different uses for hemp, including food, building supplies, textiles, skincare products, oils, and more. Every part of a hemp plant can be used in some way, shape, or fashion. This versatility gives companies growing hemp like CBD Life Sciences Inc. many different options when it comes to making a profit on their hemp crop. They may even be able to harvest different parts of the hemp plant to earn even more from each harvest. The global CBD market is expected to grow at a compound annual growth rate of
CBD Life Sciences Inc. is getting close to its 3rd retail location along with a recreational marijuana facility. This will be significant as far as expansion and revenue go and CBD Life Sciences Inc. will keep the public informed moving forward.
The number of benefits CBD has is tremendous! These benefits include help with behavioral/neurological complications such as ADD/ADHD, anxiety, bipolar, OCD, PTSD, epilepsy, Parkinson's, osteoporosis, and ALS. CBD can also benefit pain management that can stem from headaches/migraines, arthritis, cramps, spinal injuries, and fibromyalgia. CBD has been found to also have gastrointestinal benefits with gastro-disorders and complications such as anorexia, cachexia, Crohn's, diabetes, and nausea. Physical complications/disorders such as muscular dystrophy and even immune system-based deficiencies and other complications such as cancer and hypertension even our bodies way and ability to maintain homeostasis have all been said to benefit from CBD.
LBC BIOSCIENCE INC. ONLINE STORE
LBC BIOSCIENCE'S Online Emporium
LBC Bioscience Inc. is well stocked already as it is with some very high-quality CBD offerings - all at very reasonable prices. Check out LBC Bioscience Inc's newest product offerings including its: 100MG CBD Bath Bombs in a variety of scents, Delta 8 Gummies, 1500 MG Premium Berry Drops, and a variety of all-new Skincare products. Or shop our top selling products (based on order frequency) which include our CBD Pain Cream, CBD Oils and CBD Pet Treats.
- Large Selection of Products (over 50 items and growing)
100% USA Made Products "organic & kosher."- All Products are THC-FREE (they contain
0.00% THC) - Weekly Deals (new deals every week)
20% off on all products using code "LBC20."
LBC Bioscience Inc. accepts: Visa, MasterCard, American Express, Discover etc.
Shareholders and interest holders may also stay current with LBC Bioscience Inc Updates:
LBC Bioscience Inc's Main Website at www.lbcbioscienceinc.com
Twitter: https://www.twitter.com/lbcbioscience
Facebook: https://www.facebook.com/lbcbioscience
Instagram: https://www.instagram.com/lbcbioscience
Amazon: https://www.amazon.com/shops/lbcbioscienceinc
About LBC Bioscience Inc.
LBC Bioscience Inc. is a wholly owned subsidiary of CBD Life Sciences Inc. LBC has developed and is retailing/wholesale a full line of cannabidiol based organic products including CBD Drops, Gumballs, Honey Sticks, Pain Relief Creams, Anxiety & Sleep Supplements, Edibles, Coffee, Skincare Line, Pet Line, Tablets and more. LBC's products can be viewed and purchased on the Company's website at www.lbcbioscienceinc.com.
Ten Associates LLC
Contact: Thomas E. Nelson
Telephone: (480) 326-8577
Email: tenassociates33@gmail.com
Website: www.tenassociatesllc.com
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See CBD Life Sciences, Inc's, Inc.'s filings with OTC Markets, which may identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.
Safe Harbor Statement
This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking
SOURCE: CBD Life Sciences Inc.
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FAQ
What is the significance of CBD Life Sciences applying for an Agricultural Hemp License in Arizona?
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