CBD Unlimited, Inc. Field Tests New TrailRMix, CBD For Equines, Expected To Launch This Year
CBD Unlimited, Inc. (OTC PINK: EDXC) will begin initial field testing of a new CBD product line for equines called TrailRMix. The company is collaborating with veterinarians, horse caretakers and trainers to study the potential health benefits of CBD for horses. The goal of the company is to develop optimum dosages, potency and safety of the product. The equine supplement market is projected to reach $1.25 billion by 2025, by Market Study Report, LLC, the company said.
CBD animal marketing is making news. As a result, media companies such as stockmarketpress.com features enhanced coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Supreme Cannabis Company (OTC: SPRWF), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH) and Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT).
CBD Unlimited, Inc. (OTC PINK: EDXC) field tests new TrailRMix, expected to launch this year
Todd Davis, CEO and Chairman of CBD Unlimited, Inc. (OTC PINK: EDXC), said, “This initial testing phase for our equine CBD product marks a key milestone for the Company. We are excited to expand our animal product pipeline by providing safe and natural therapies for larger animals.” He added, “Our product is formulated to optimize the delivery of CBD in to targeted areas of the body at a specific dosing range. The product is also designed to reduce irritation to the GI Tract of the horse while recovering from the conditions that cause discomfort for horses.”
For the equine test, CBD Unlimited, Inc. (OTC PINK: EDXC) will be manufacturing 800 kilos of its pellet formulation for equine professionals to ensure plenty of product for this first trial phase. CBD Unlimited, Inc. (OTC PINK: EDXC) field tests new TrailRMix, expected to launch this year.
CBD Unlimited, Inc. (OTC PINK: EDXC) Also Markets The Phyto-Bites Line
CBD Unlimited, Inc. (OTC PINK: EDXC) also markets a line of multi-spectrum hemp CBD products for dogs and cats. The CBD pet market is projected to reach $1.7 billion by 2023 by research firm Brightfield Group. The company focuses on this market for pets — as well as humans — and sees opportunities selling to owners of pets, such as horses, cats and dogs. It offers a variety of pet chews, oils and equine products. CBD Unlimited, Inc. (OTC PINK: EDXC) field tests new TrailRMix, expected to launch this year.
Owners of pets are seen easing the pain and anxiety of pets — as they age and sometimes fear natural events such as thunderstorms — and they wish to make their pets more comfortable. While there is anecdotal documentation on CBD’s impact on pets, consumers and some veterinarians believe it can help. CBD Pet Market Seen As Hitting $1.7 Billion By 2023, Great News For Companies Such As CBD Unlimited, Inc. (OTC PINK: EDXC).
CBD products are marketed by companies such as CBD Unlimited, Inc. (OTC PINK: EDXC)
Consumers have empathy for the feelings of their pets and seem to believe that non-THC CBD oils and treatments are helpful to them in easing pain and preventing the fear of thunderstorms, fireworks and other loud events. Brightfield Group estimates that the pet CBD market is taking off — growing 946% in 2019. It sees the CBD pet market seen as hitting $1.7 billion by 2023 great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC). CBD Unlimited, Inc. (OTC PINK: EDXC) field tests new TrailRMix, expected to launch this year.
Reports have shown that CBD for pets is a market on its own, but it may also trigger additional sales or come from those add-on sales. As consumers take CBD products, they may try addition ones for pets. Or they may buy CBD for pets first, then try CBD products for humans themselves. Either way, the pet CBD market cannot be seen only by itself. It is probably tied to CBD sales to human owners, as well.
CBD pet market seen as hitting $1.7 billion by 2023, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC)
The CBD pet market appears to have grown out of nowhere. Brightfield Group research estimated that it was a $32 million market in 2018, grew to $781.5 million this year. CBD pet market is now seen hitting $1.7 billion by 2023, great news for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC). CBD is found to be a full line opportunity for aggressive marketing companies using a seed-to-shelf structure that ensures quality control, such as CBD Unlimited, Inc. (OTC PINK: EDXC).
Source: Stock Market Press
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