For The Earth Announces Commitment to Market and Sell Only Internally Produced CBD Products
February 28 2019 - 8:41AM
InvestorsHub NewsWire
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For The Earth Announces Commitment to Market and Sell Only
Internally Produced CBD Products
PHOENIX, AZ -- February 28, 2019 -- InvestorsHub NewsWire
-- For The Earth Corporation (the “Company” or “FTEG”)
(OTCMKTS: FTEG) is proud to announce the Company’s commitment to
producing and selling only CBD products derived strictly from
in-house production processes. The Company has already established
a diversified retail distribution footprint with both physical and
e-commerce points of sale, and has begun the process of
establishing its own state-of-the-art CBD extraction and production
facility in Eugene, OR.
“A lot of producers in the CBD industry seem to be
white-labeling their products these days,” noted FTEG CEO Nelson
Grist. “We plan to take a different approach. We are going to take
our own raw hemp and turn it into our own pharmaceutical grade
full-spectrum CBD products and sell them from our own storefront
directly to the end-market consumer.”
Mr. Grist has been in Eugene for the past four days interviewing
leading operational candidates and consultants and examining
prospective construction sites for the facility. The Company plans
to control its own supply chain from cultivation through to branded
product sales to customers at its kiosks, vending machines, stores,
and e-commerce portals.
Management believes that full vertical integration of the
production process may lower production costs given the variability
of CBD supplies and the potential for delays or occasional
scarcity. In addition, the Company believes that consumers
appreciate brands that set themselves apart from the herd by having
higher quality management standards.
“When we make a sale, I want to be confident that I know exactly
what’s in that bottle or package, and that it’s the highest quality
CBD product on the market,” continued Mr. Grist. “I want to know
the ground it came out of, every ingredient in it, and who switched
the equipment on where it was made.”
About For The Earth Corporation
For The Earth Corporation is an emerging integrated CBD producer
and retailer in the United States. The Company is in the process of
establishing a vertical framework that will extend from cultivation
to extraction and production to a strategic retail footprint that
includes multiple locations in Las Vegas and New York featuring
mall kiosks, vending machines, e-commerce, and full store locations
serving both the human and pet CBD markets. Two mall leases have
been signed recently in Las Vegas, with another vending machine
location secured in New York City. The Company plans to expand its
New York vending machine penetration by the end of 2019. In
addition, the Company has begun early-stage work to establish a
state-of-the-art CBD extraction and production facility in Eugene,
OR.
Forward-Looking Statements
Except for the historical information contained herein, the
matters discussed in this press release are forward-looking
statements. Actual results may differ materially from those
described in forward-looking statements and are subject to risks
and uncertainties. See For The Earth’s filings with OTC Markets,
which may identify specific factors that may cause actual results
or events to differ materially from those described in the
forward-looking statements.
Safe Harbor Statement
This release includes forward-looking statements, which are
based on certain assumptions and reflect management's current
expectations. These forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
or events to differ materially from current expectations. Some of
these factors include: general global economic conditions; general
industry and market conditions, sector changes and growth rates;
uncertainty as to whether our strategies and business plans will
yield the expected benefits; increasing competition; availability
and cost of capital; the ability to identify and develop and
achieve commercial success; the level of expenditures necessary to
maintain and improve the quality of services; changes in the
economy; changes in laws and regulations, including codes and
standards, intellectual property rights, and tax matters; or other
matters not anticipated; our ability to secure and maintain
strategic relationships and distribution agreements. The Company
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Press & Media Inquiries:
EHC Branding Agency
Info@EHCBrandingAgency.com
(626)
MJ-BRANDCorporate Contact:
For The Earth Corporation
20 East Thomas Rd.Phoenix, AZ 85012
USA Contact:
Nelson Grist
Telephone: 602 502-0602
Email: infofteg@gmail.com
For The Earth (CE) (USOTC:FTEG)
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