- The first products resulting from the joint venture between Cannabis Strategic Ventures and True Promise Beauty are scheduled to be launched by the end of 2018
- The CBD-based luxury cosmetics line will feature face, skin and hair care products
- These products feature innovative formulations that aren’t currently available; the two companies hope to achieve strategic success in a constantly expanding luxury skin care market
Cannabis Strategic Ventures, Inc. (OTC: NUGS) and True Promise Beauty have announced the development of LYXR – a new line of cannabidiol (CBD)-based luxury skin and hair care products. The entire LYXR line will be developed from ingredients like hemp-derived phytocannabinoids and other natural components, according to a company announcement on September 20, 2018 (http://nnw.fm/b6dEU).
Cannabis Strategic Ventures and True Promise Beauty will first launch a face mask that is made from a CBD isolate. The applications of CBD in the cosmetic industry are numerous. Cannabidiol is believed to have anti-aging hydrating properties, as well as…
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