MMR: Mass Market Retailers, April 22, 2019

CBD With the introduction of CBDistilleryRx Balanced Health Botanicals is reinforcing its status as a market leader among CBD suppliers offering patient care with a focus on quality at value driven price points CONTACT Balanced Health Botanicals BHB 1720 S Bellaire St Penthouse Denver Colo 80222 balancedhealthbotanicals com WHOÕS WHO BHB Is a CBD Superstore for the Consumer ADVERTISEMENT Eric White VP of Sales IN CBD HEMP Balanced Health Botanicals BHB is introducing CBDistilleryRx as the newest addition to its family of brands and as a line of products formulated exclusively for distribution through pharmacies and medical professionals The new brand joins Bota Hemp and CBDistillery in a vertically integrated collection of brands that has propelled BHB to the forefront of the CBD category BHB is one of the largest and fastest growing companies in the CBD and consumer packaged goods categories with products sold in more than 1500 retail locations nationwide The company has announced plans to roll out another 50 SKUs through next year BHB is bolstering its eminent position in the CBD marketplace with significant investments in its infrastructure supply chain capabilities and sales strategy The outlays will put BHB in a strong position to sustain its rapid growth pace as demand accelerates and as consumers become more aware of CBDs potential As a leader in the CBDMOVEMENT BHBs mission has always been to provide the highest quality U S grown hemp derived CBD products at fair prices and to serve as a bellwether of consumer education about the rapidly evolving CBD category Company officials expect that the introduction of CBDistilleryRx will underscore BHBs status as a market leader among CBD suppliers offering patient care with a focus on high quality at value driven price points The company recently lowered wholesale pricing on all tinctures by between 18 and 30 putting its tincture prices among the lowest in the CBD category BHB expects to continue providing consumers access to CBD products at the best value on the market The recent reduction in pricing comes after a year of torrid growth BHB brand sales soared 563 in 2018 making CBDistillery one of the fastest growing CPG brands in the country More than just a supplier of CBD products the CBDistillery management team is well positioned as thought leaders capable of provoking change across the health and wellness industry Their aim is to consistently demonstrate humility compassion and respect for all they serve Fueling the brands growth is managements commitment to leading the CBDMOVEMENT by delivering superior products at economical prices and driving CBD education to the overall population Through this movement BHB looks to inspire change within the CBD industry and encourage consumers to think about alternative methods to enhance their wellness at value prices Of course consumers also demand quality and BHB offers assurances on this front as well The company is one of 13 to have been awarded the first ever U S Hemp Authority Certification Seal The U S Hemp Authority is an industry funded group that sets safety and quality control standards that CBD producers must meet to receive the certification Marielle Weintraub president of the authority said that by setting stringent standards the CBD industry is sending a signal to the federal government that there is an easy path to regulating CBD The Food and Drug Administration was planning to hold public hearings next month to gather comments on CBD regulations How the FDA proceeds with CBD regulation is expected to go a long way toward determining the direction of the CBD industry If the agency treats CBD as a supplement and sets up quality and safety controls similar to those implemented by the Hemp Authority the industry should continue on its rapid growth path Between 2014 and 2018 CBD sales increased by 474 And if you think that kind of growth cant continue sales are projected to increase another 353 by 2022 notes a BHB spokesperson Clearly people all over are discovering that this natural cannabis derived supplement is a great way to support their health