11/14/2019 | Press release | Distributed by Public on 11/13/2019 19:47
Our portfolio's total sales earnings so far in 2019 already surpass 2018 sales, putting Medical Marijuana, Inc. on track for its most successful year ever.
With two months to go in 2019, the Medical Marijuana, Inc. portfolio of companies' 2019 sales bookings has surpassed its total 2018 sales bookings. This milestone is evidence of the growing success experienced by our family of companies this year.
This success was well earned, with Medical Marijuana, Inc. portfolio companies working hard introducing innovative new CBD oil products to the thriving CBD market; hosting, sponsoring, or participating in CBD, hemp, and cannabis events; and expanding safe and legal access to CBD products to consumers around the world.
'We set our goals high for this year and it's encouraging to see that our team worked diligently to achieve and surpass them,' said Medical Marijuana, Inc. CEO Dr. Stuart Titus. 'By entering new markets and releasing many new products to meet the versatile needs of our customers, our efforts will further position us as a major contributor to the expanding global cannabis industry.'
Medical Marijuana, Inc. distributes commercial CBD products in the U.S., European, Latin American and Asian markets through distribution subsidiaries Kannaway® and HempMeds® and CBD brands like Dixie Botanicals® and Real Scientific Hemp Oil™. Our company became the first to create a national CBD brand in 2012. Since then, we have shipped our top quality CBD oil products to thousands of customers worldwide.
Our portfolio of companies and brands provides customers with a variety of oral, topical, edible, and vape CBD products that are all Triple Lab Tested® to ensure the highest standard of quality, safety, and consistency, making our brands some of the most trusted on the growing CBD market.
'It's predicted by the Brightfield Groupthat 2019 CBD product sales could grow 706% compared to 2018 sales figures and could reach upwards of $5 billion,' said Medical Marijuana, Inc. COO Blake Schroeder. 'It's been exhilarating to watch this industry expand exponentially since its infancy and we look forward to witnessing its future success in years to come.'
Our success so far in 2019 has also caught the attention of major media outlets: including Benzinga, Forbes, Fox Business, Bloomberg, ABC News, PBS Newshour, and more. You can browse recent media coverage of Medical Marijuana, Inc. and our portfolio of companies here.
The hard work and resulting success from Medical Marijuana, Inc. and our portfolio of companies has garnered a number of awards in 2019. Our company was awarded a Bronze Stevie® Award for Most Innovative Company of the Yearin the 16th Annual International Business Awards; a Silver Golden Bridge Awardfor Company of the Yearin the Healthcare Products and Services category; and Small Business Company of the Yearin the Life Sciences, Health, Wellness, and Nutrition category by the Business Intelligence Group's 2019 BIG Awards for Business.
Interested in trying our award winning CBD oil products for yourself? Shop our online CBD store now.