LAS VEGAS, April 16, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — International Spirits and Beverage Group Inc. (OTCMKTS: ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits and CBD-Infused Products markets, is excited to announce the unveiling of its new state-of-the-art CBD e-commerce portal: www.buyp19.com.
“We believe this is one of the most user-friendly digital architectures in the online CBD marketplace,” commented ISBG CEO Terry Williams. “We have constructed a seamless process for consumer purchases of our super-premium nano-infused potent CBD products. We fervently believe that this is among the best such resources online today, and we’re very excited about where it will lead for both ISBG’s customers and shareholders.”
In yet another example of the push toward mainstreaming in the CBD space, CVS Pharmacy just announced that it will begin selling hemp-derived CBD products in eight states. The stunning growth estimates that define the CBD market in the years ahead – with analysts predicting as much as 20x growth in total global CBD sales over the next 36 months – are driven by the notion of “mainstreaming”, which is well characterized by this shift as well as many other similar steps.
Management also notes that ISBG’s CBD production process will include Internet-of-Things (IoT) enablers and a decentralized tracking and tracing process to ensure absolute visibility into all steps of the production cycle.
Mr. Williams continued, “Our supply chain process ensures that our customers receive precisely what they are paying for. Our technologically enhanced logistics model will streamline our own per-unit costs while sharply reducing standard assumptions about quality control through the power of IoT enablers, allowing us to track everything at each step of the production chain. Given the dramatic growth we see in this space in the quarters ahead, that differentiation above and beyond our competition will be critical.”
About ISBG: International Spirits and Beverage Group (ISBG) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company’s expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISBG intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. In addition, ISBG has now established itself as a health and wellness company with a focus on reshaping the CBD products market through state-of-the-art nanotechnology processes, developing a wide range of nano-infused CBD gummies and beverages formulations. These products will be sold through the Company’s website, as well as through established wholesale and retail distribution channels. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace.
Forward Looking Statements: This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).
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