Dallas, Texas–(OTC PR Wire – June 2, 2020) – GL Brands, Inc. (OTCQB: GRLB) (the “Company”) (www.glbrands.com) a global house of brands with focus on CBD and hemp consumer packaged goods based in Dallas, TX, announced today that its flagship subsidiary brand, Green Lotus Hemp™, a premium hemp oil products brand dedicated to promoting a world where the healing power of hemp is readily accessible, has released its highly anticipated Vegan Wild Berry Melatonin Gummies with 10 mg of CBD and 3mg of Melatonin.
Company CEO, Carlos Frias, stated, “These are exciting times for GL Brands and all of us shareholders. We are very pleased to add this sleep formulation to Green Lotus’ line of nutraceutical products. Gummies are the fastest growing product category for Green Lotus Hemp ™, and we are just getting started. We are committed to continued creation and distribution of innovative wellness solutions in this category.
The global CBD gummy market size is expected to reach USD 6.94 billion by 2025, exhibiting a 31.9% CAGR over the forecast period, according to a recent Grandview Research report.
Mr. Frias continued, “I’m confident our Melatonin CBD gummies will be an impactful, and profitable, success in serving those with difficulty sleeping. Over 9 million Americans are currently taking prescription drugs in hopes to obtain better sleep and, though many conditions vary and this product is not intended to diagnose, treat, cure or prevent any disease, I’m convinced there are natural solutions, like our Green Lotus CBD Gummies with Melatonin, that can curb our society’s reliance on prescription medications that often come with an undesirable list of side effects.”
Green Lotus CBD Gummies with Melatonin
Green Lotus CBD Gummies use only the finest sustainably sourced, organic ingredients, no dyes or fillers, and are:
•100% Organic, Vegan & Gluten-Free.
•Third-party, lab-tested for Purity.
•Real Wild Berry Flavor for Vibrant, Natural Sweetness
Sleepy? You can purchase this delicious new flavor at:
Check out GRLB’s Big News with $RMHB and CBD Life:
VETERANS receive 25% off Green Lotus orders! Visit: https://greenlotushemp.com/veterans-program/
About GL Brands Inc.:
GL Brands is a global hemp consumer packaged goods company that creates authentic, enduring and culturally relevant brands engaged in the development and sale of cannabis-derived wellness products. Through its premier brands Green Lotus™ and Irie CBD, GL Brands delivers a full portfolio of hemp-derived CBD products, including tinctures, soft gels, gummies, sparkling beverages, vapes, flower and topical segments to promote greater wellness and balance, in the U.S. and throughout the world. For more information, please visit https://www.glbrands.com.
Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Statements in this press release that are not strictly historical are “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally can be identified by phrases such as “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. Similarly, statements herein that describe GL Brands’ (the “Company’s”) business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of GL Brands’ products and services, changes in relationships with third parties, and other factors described in GL Brands’ periodic filings with the Securities and Exchange Commission. These risks and uncertainties include, without limitation, changes in general industry or regional market conditions; changes in consumer and customer preferences for our products; loss of business from increased competition; changes in strategic relationships; unfavorable fluctuations in currencies or interest rates in the regions in which we operate; changes in regulatory conditions; changes in tax laws, import and export duty and tariff rates in or with the countries with which we conduct business; the effects of the COVID-19 pandemic; and the negative impact of any governmental investigations and associated litigation.
The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. The Company is not obligated to revise or update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
Matt Bartlett COO GL Brands Investor Relations firstname.lastname@example.org 707-535-6846
Press Release provided by OTC PR Wire