HOUSTON, TX / ACCESSWIRE / December 19, 2018 / Cannabis has become the ultimate industry disruptor.
Thanks to growing acceptance, including Canada's October 2018 legalization, approval for medicinal and recreational usage across the U.S., and growing interest from corporate America.
As cannabis just begins its cultural renaissance, the market could reach $146.4 billion by 2025, according to Grand View Research, from just $7.06 billion in 2016.
It's just starting to disrupt countless, multi-billion-dollar industries.
One of those industries is the $4.2 trillion wellness industry.
In fact, the healing properties of marijuana are why spa, wellness and skincare industries are introducing a range of products with cannabis as a key ingredient.
With baby boomers - who make up 70% of wellness industry consumers - seeking alternatives to help improve their quality of life as they age, and younger generations more open to adding cannabis products to their health and wellness regimens, it's only natural that the global cannabis and wellness markets would converge in a huge way.
Along the way, it's opening a ground-floor opportunity for investors in related stocks.
The Yield Growth Corporation (CNSX: BOSS)
One such company is The Yield Growth Corporation (CNSX: BOSS), which aspires to become the next multi-billion wellness/cosmetics giant that emerges from the cannabis industry.
In fact, it's hemp-based wellness brands could very well be disruptive to several sectors, including wellness, makeup and leisure. That could make The Yield Growth Corporation a potential acquisition target for larger companies, including Estee Lauder, and Procter & Gamble.
However, it's not the only multi-billion-dollar industry being disrupted
The medical community is studying it for a variety of ailments -- pain, nausea, loss of appetite, Parkinson's disease, inflammatory bowel disease, post-traumatic stress disorder, epilepsy, and multiple sclerosis and even traumatic brain injuries – the list goes on.
Cigarette maker Altria (MO) just took a 45% stake in Cronos Group (CRON) (CRON), as it seeks to diversity its business, as cigarette smoking falls to its lowest point in history.
Alcohol companies like Constellation Brands (STZ) invested $4 billion in Canopy Growth (CGC) (WEED).
While we're seeing incredible growth in industries, one of the biggest is the wellness industry.
Cannabis-Infused Wellness Products are Being Launched in North America
For example, The Yield Growth Corporation's wholly-owned subsidiary, Urban Juve Provisions, Inc. is a modern wellness brand, offering hand-crafted, daily use cosmetic and therapeutic products made of Cannabis Sativa hemp root oil, high quality essential oils and all-natural ingredients.
Urban Juve is an Ayurveda-inspired skin care and beauty brand that rejuvenates and nourishes from within: spirit to skin. Urban Juve's key ingredient -- cannabis sativa hemp root oil -- combines with natural and pure essential oil-based formulations to create quality products that are now available online and will soon be available at select retail stores across Canada.
Urban Juve has developed a proprietary method for hemp root oil extraction. The Urban Juve products are formulated to be infused with Cannabidiol (CBD) or Tetrahydrocannabinol (THC). Urban Juve has roughly 50 products set to enter the market in late 2018 and into 2019.
The company has also submitted 26 products to Health Canada for approval. It completed 26 Health Canada registrations, and has already filed for 11 U.S. patent applications.
Growth through Global Expansion
In June 2018, The Yield Growth Corporation's Urban Juve granted exclusive distribution rights to wellness products in Italy for the next three years to Crop Infrastructure Corporation.
Such an opportunity now gives The Yield Growth Corporation incredible exposure to the European cannabis market, as well.
Thanks to its product development, and international growth, The Yield Growth Corporation could become a substantial disruptor to a $4.2 trillion global wellness industry.
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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media which has a partnership with www.MarijuanaStox.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
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