Link Reservations Inc/LinkResPet (LRSV) Grows Retail Presence as Company Identifies New Stockist in Florida-based Collins Tobacco & Vape Retail Store

Rhea-AI Summary

Link Reservations (OTC Pink: LRSV) has begun retailing its LinkResPet and DailyLifeCBD products in two Collins Tobacco & Vape locations in Miami Beach, Florida. This strategic move aims to expand the company’s market presence and boost revenue. CEO Rene Lauritsen expressed enthusiasm about the partnership, indicating potential for more locations. The CBD market, projected to reach $216 billion by 2028, is growing rapidly, especially in pet products. LRSV also plans to increase online and physical availability of its wellness products.

Positive

• New retail partnership with Collins Tobacco & Vape expands product availability.
• Entry into the growing CBD market projected to reach $216 billion by 2028.
• Plans to stock products on Amazon to enhance online presence.

Negative

• None.

London, UK, Aug. 05, 2021 (GLOBE NEWSWIRE) -- Link Reservations Inc. (OTC Pink: LRSV) (the “Company”), a provider of medicinal mushroom and cannabidiol (CBD) wellness products for both humans and pets, announces its LinkResPet and DailyLifeCBD products will be available for purchase at Collins Tobacco & Vape Store 6750 Collins Miami Beach, a new stockist in Florida. The Company will initially stock its pet and human wellness products in two of Collins Tobacco and Vape’s shops as it looks to grow its retail presence in physical shops.

Rene Lauritsen, Link Reservations Inc CEO commented: “We are very excited about this retail relationship with Collins Tobacco & Vape and are in discussions to stock our products in two of their locations, with the hope to add more locations for consumers to purchase our pet and human products at their shops. It opens up more sources of revenue and product presence in the marketplace, building on our mission to increase consumer awareness of our exceptional product lines.”

The Company will be stocking its LinkResPet cat and dog CBD products, as well as its DailyLifeCBD mushroom-infused Immune product in two of the Florida retailer’s shops. Collins Tobacco & Vape has been in business for 12 years and currently has four locations in Miami and Miami Beach.

The CBD market is expected to be worth $216 Billion by 2028, growing at a CAGR of 45.6% from 2021. Remarkably, the pet CBD product sector is poised to outpace the growth of the human CBD product sector. As part of its strategy to grow sales, the Company is increasing the availability of its LinkResPet products, its product line tailored for pets, and its DailyLifeCBD products, aimed at humans, across both online and brick and mortar retailers. LRSV is targeting both smaller “mom & pop” customers as well as more online-focused ones as part of its growth plan. Included in this is the Company’s plans to stock their products on Amazon.com and at a later date Amazon UK.

Additionally, after launching its mushroom wellness product, Link Reservations Inc is exploring the opportunity to develop further mushroom infused product lines, in order to take advantage of the quick development of the small market. Moreover, and eventually if laws allow, the Company is also targeting the “magic mushroom” product niche.

LinkResPet’s products consist of CBD tinctures for dogs and cats. While DailyLifeCBD has a functional mushroom and CBD range of products including its DailyLifeCBD Immune tincture, as well as other CBD products in the pipeline. All products are made with the highest quality hemp oil and are lab tested, THC and GMO free. The hemp oil used in LRSV products comes from organically grown certified U.S. and European hemp. The Company ensures that its products undergo a rigorous process of quality control and testing using the latest scientific methods.

For more information about LinkResPet or to purchase CBD products for pets, please visit www.linkrespet.com or follow us on Twitter @res_pet

For more information about DailyLifeCBD, the Company’s range of CBD and mushroom product for people, please visit: https://dailylifecbd.com/

About Link Reservations Inc.
Link Reservations Inc is a CBD and wellness product provider dedicated to improving the health and life conditions of both people and pets worldwide. Its trades through its two brands; LinkResPet and DailyLifeCBD. LinkResPet develops and markets hemp-based CBD products for cats, dogs and horses. DailyLifeCBD provides everyday hemp-based CBD wellness and mushroom products for people. The Company has operations in both the US and Europe.

Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain "forward-looking" statements within the meaning of the Safe Harbor provisions of Federal Securities Laws, as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this document, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Investors are cautioned that such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this release, and the Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events, or circumstances after the date of this release except as required by law.

Link Reservations Inc.
400 Thames Valley Park Drive
Reading Berkshire RG6 1 PT
United Kingdom
Phone: +44 330 808 0897

FAQ

What is Link Reservations Inc.'s recent retail strategy related to LRSV?

Link Reservations Inc. is stocking its LinkResPet and DailyLifeCBD products in Collins Tobacco & Vape stores in Miami Beach, expanding retail presence.

What products will LRSV offer at Collins Tobacco & Vape?

Link Reservations Inc. will offer pet CBD tinctures and DailyLifeCBD mushroom-infused wellness products.

How is the CBD market projected to grow according to LRSV's press release?

The CBD market is expected to hit $216 billion by 2028, with a CAGR of 45.6%.

Is LRSV planning to sell its products online?

Yes, Link Reservations Inc. plans to stock products on Amazon and potentially Amazon UK in the future.

What is the significance of the partnership with Collins Tobacco & Vape for LRSV?

This partnership allows LRSV to increase revenue streams and boost product visibility in physical retail locations.