New York, New York, October 1, 2020 — –Sun Kissed Industries Inc. (OTC PINK: SKDI) (“Sun Kissed”, “SKDI”, or the “Company”), an emerging leader in the development and sale of CBD consumables through its subsidiary “Hakuna” (www.hakunasupply.com) today announced that, due to the consolidation of the various Hakuna brand websites, the company has seen a massive growth in sales through Etsy (www.etsy.com)
The global CBD market size reached $7.1 billion in 2019 and according to Grandview Research, should surpass $9 billion this year, and Hakuna is primed to capture market share as they attach the online sales space through online channels, such as Etsy.
Ilan Freeman, Hakuna CEO, says “We brought on an all-star development team to merge our accessory and CBD products in a user-friendly manner. Aligning our websites translates to reducing expenses and streamlining marketing efforts both internally and for our affiliates. These additions afford our consumers the ability to swiftly shop our products with greater on site upsells, as well as a larger variety of addons when creating our popular DIY bundles. 2020 has increased our direct to consumer sales on Etsy by an impressive +1,039%. These newly enacted websites and marketing improvements will further enhance our customers’ experience while increasing our online traffic and average per transaction sale.”
Carl Grant, Sun Kissed’s President, commented “Over the past few months we have seen Hakuna emerge as a strong contender in the CBD marketplace Their advances in product sourcing and the new clean room have provided for impressive gains in product availability, revenues, and more. The website consolidation signals the start of their next growth phase.”
There will be additional updates and expansions to the website in the coming months.
About Numuni, Inc.: Numuni is developing breakthrough technologies that aim to disrupt the digital marketplace for paid content by making use of the vast amount of unused computing resources that personal computer desktops have. Numuni has a unique technology that will transform the user experience of consuming digital content, increase the content provider’s earnings as they deliver that experience, and leverage the GPU computing power as a commodity to increase efficiency and cost savings.
General information about Numuni, Inc. is viewable on the company’s website at https://numuni.io
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About Products-Group, Inc (DBA/Hakuna): Hakuna is an award-winning CBD-products company, currently nominated for “Best Hemp-Derived CBD Product” by the California Cannabis Awards after winning the DOPE Magazine Best New Product award for Southern California in the non-cannabis/non-tech category in 2017. Hakuna was also recently awarded “Runner Up” at the Los Angeles Coffee & Donut Festival People’s Choice Coffee Awards for 2019. Hakuna generates significant revenues with a substantial distribution footprint, including over 110 established retail distribution partners across over 20 states in the domestic US market.
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTC PINK: SKDI) is an emerging leader in the development and sale of CBD consumables, digital content management, and online ad monetization technology. The company is pursuing meaningful acquisitions as part of an aggressive M & A strategy designed to position Sun Kissed as a dominant player in well-defined, high-growth markets within rapidly expanding sectors.
This press release may contain forward-looking statements, including information about management’s view of Sun Kissed Industries Inc.’s future expectations, plans, and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions intended to identify forward-looking statements. Any statements made in this news release other than historical facts about an action, event, or development are forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors, which may cause Sun Kissed, its subsidiaries, and concepts to be materially different from those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Sun Kissed’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Sun Kissed cannot guarantee future results, levels of activity, performance, or achievements. Accordingly, it would be best if you did not place undue reliance on these forward-looking statements. Finally, Sun Kissed undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Sun Kissed.
SOURCE: Sun Kissed Industries Inc.