- CBD market projected to grow to $2.1 billion by 2020
- Large Asian-American market receptive to traditional Chinese medicine and nutraceuticals
- Cannabis Strategic Ventures combines brand experience with niche knowledge
Cannabis Strategic Ventures, Inc. (OTC: NUGS) is out to take a slice of the billion-dollar Asian Nutraceutical pie. The company recently cut a deal to acquire the Fitamins CBD brand (http://nnw.fm/yII7w). Under the terms of the agreement, Fitamins will be distributing its vitamin and hemp-derived CBD formulations through a network of more than 600 wholesalers that serve the Asian-American market. Guided by a team that has developed two successful ventures, Cannabis Strategic Ventures will leverage its knowledge of this underserved market to provide value to both customers and shareholders.
As large as the Asian-American market is, it is often overlooked because many marketers are daunted by the communication challenges involved. Cannabis Strategic Ventures, on the other hand, is comfortable and familiar with the demographic. The company is led by Simon Yu, BBA, MBA, who holds the position of CEO. He is supported by…
More from NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com