Isodiol International Inc. Announces the Launch of 3 New Cannabidiol (CBD) Product Categories with Level Brands Inc.
April 24 2018 - 6:00AM
Isodiol International Inc. (
CSE:
ISOL)
(
OTC:
ISOLF)
(
FSE: LB6A.F)
(the “Company” or “Isodiol”), a global Bioactive CBD
innovator specializing in the development of pharmaceutical and
wellness products, and Level Brands Inc. (NYSE American:
LEVB), an innovative marketing and licensing
company that provides bold, unconventional, and socially
responsible branding for leading businesses announced today the
launch of their newest jointly developed cannabidiol (CBD)
products. The products are CBD pain-relieving cream, marketed under
LEVB subsidiary Ireland Men One (I’M1); CBD oral sprays marketed
under BeTrū | kathy ireland® Health & Wellness; and CBD
edibles, marketed under Chef Andre Carthen Edibles. The new
products will be available in early Summer 2018 at in-store and
online retailers nationwide. According to The Hemp Business Journal
(as reported by forbes.com), the CBD market will grow to $2.1
billion by 2020.
In January 2018, Level Brands and Isodiol signed a license
agreement, to work together to develop consumer products for kathy
ireland® Health & Wellness, a licensor to Level Brands;
products under the Chef Andre Carthen and Nicholas Walker brands,
also licensors to Level Brands; as well as products for Level
Brands subsidiary I’M1, the company’s lifestyle brand for
millennial men.
“Our collaboration with Level Brands is taking a big step
forward today,” said Marcos Agramont, CEO of Isodiol. “When we
established this partnership, we envisioned bringing a variety of
consistent, highly bioactive CBD products to the market and today
is just the early stages of this process. Through Kathy’s
large network and consumer base, not only are we able to target a
variety of new mainstream channels, but we are also able to further
achieve our goal of helping people around the globe understand how
CBD is beneficial for the human body.”
“When we announced the extension of our license agreement with
Isodiol this past January, we said that our vision is that Isodiol
will become the leading CBD company in the world,” says Kathy
Ireland, Level Brands’ Chairman Emeritus and Chief Brand
Strategist. “The products we’re launching, take us in that
direction in a powerful way. We continue to believe, based on our
exhaustive research and decades of brand building, that the CBD
industry will see enormous growth over the next decade on a global
scale. Hemp has many natural and important uses that are beneficial
in countless ways. It is important for people to remember
that hemp, without THC, is similar to a grape without fermentation.
It has no undesired psychological side effects. The Level
Brands and Isodiol collaboration is bringing, and will continue to
bring to market, the best quality hemp-derived CBD products,
without any psychotropic elements.”
About Isodiol International Inc.
Isodiol International Inc. is the market leader
in pharmaceutical grade phytochemical compounds and the industry
leader in the manufacturing and development of CBD consumer
products.
Isodiol is the pioneer of many firsts for the cannabis industry
including commercialization of 99%+ pure, bioactive pharmaceutical
grade cannabinoids, micro-encapsulations, and nanotechnology for
the highest quality consumable and topical skin care products.
Isodiol’s growth strategy includes the development of
over-the-counter and pharmaceutical drugs, expanding its
phytoceutical portfolio and will aggressively continue
international expansion into Latin America, Asia and Europe.
About Level Brands Inc.
Level Brands creates bold, unconventional, and
socially responsible branding for leading businesses.Level Brands
specializes in corporate brand management and consumer products
marketing art, beauty,fashion, health and wellness, and
entertainment. Licensed brand marketing is at the core of the
LevelBrands businesses, among which are Ireland Men One or
I'M1, for millennial men and the women who love them;
Encore Endeavor One or EE1, corporate brand management and producer
of experiential entertainment events and products across multiple
platforms; kathy ireland® Health & Wellness; and Beauty
Pin-Ups, Level Brand’s hair-care and disruptive women products
brand.
Join Us On Facebook:
https://www.facebook.com/isodiol/Twitter:
@isodiol
ON BEHALF OF THE BOARDMarcos Agramont, CEO
& Director
INVESTOR
RELATIONS:Ir@isodiol.comwww.isodiol.com
Forward-Looking Information:
This news release contains "forward-looking information" within the
meaning of applicable securities laws relating to statements
regarding the Company's business, products and future the Company’s
business, its product offerings and plans for sales and marketing.
Although the Company believes that the expectations reflected in
the forward-looking information are reasonable, there can be no
assurance that such expectations will prove to be correct. Readers
are cautioned to not place undue reliance on forward-looking
information. Such forward looking statements are subject to risks
and uncertainties that may cause actual results, performance and
developments to differ materially from those contemplated by these
statements depending on, among other things, the risks that the
Company's products and plan will vary from those stated in this
news release and the Company may not be able to carry out its
business plans as expected. Except as required by law, the Company
expressly disclaims any obligation, and does not intend, to update
any forward-looking statements or forward-looking information in
this news release. Although the Company believes that the
expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will
prove to be correct and makes no reference to profitability based
on sales reported. The statements in this news release are made as
of the date of this release.
The CSE has not reviewed, approved or disapproved
the content of this press release.
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