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PHOENIX, Aug. 09, 2019 (GLOBE NEWSWIRE) -- For The Earth Corporation (OTC: FTEG) is in negotiations with Emerald Valley CBD.
For The Earth Corporation has entered into a Letter of Intent with Emerald Valley CBD (WWW.EMERALDVALLEYCBD.COM), to acquire the e-commerce website. Emerald Valley has built a very successful e-commerce business in the CBD industry.
The CBD (cannabidiol) industry is making headlines across the United States and offers multiple benefits to a wide range of consumers. BDS Analytics and ArcView Market Research, leading cannabis researchers, predict that by 2024 CBD sales will surpass $20 billion. While this number also includes places like pharmacies and dispensaries, it is predicted that the majority will be sold from retail stores. CBD is derived from the hemp plant, rather than a marijuana plant and will not alter a person’s state of mind or clarity. FTEG has a range of products from ingestible oils, to applicable products, such as pain creams, lip balms and sunscreens. FTEG supports the use of natural products and wishes to better the environment and all who reside in it. By supporting CBD, For The Earth isn’t just making a smart financial decision, but one that will better the world.
Nelson Grist, FTEG CEO, states, “The customer base and distributor network that Emerald Valley has in their database will allow For The Earth to reach an even larger customer base, which will help market and sell more FTEG products.”
“Joining the FTEG corporation will allow for a larger reach and more money to spend on marketing to increase our customer outreach,” stated Craig Taras, President of Emerald Valley CBD.
About For The Earth Corporation
For The Earth Corporation is a Health and Safety company that is committed to improving the quality of life for people, pets and the planet through the use of innovative technologies and natural ingredients. The Company’s mission is to create sustainable, ethical and readily available healthcare products and safety solutions for people across the globe. From a complete line of CBD infused products, to programs that alert our first responders- FTEG is taking steps to better everyone on this planet.
About Emerald Valley
Emerald Valley is an online retailer in the CBD industry. Selling a variety of different types of CBD products. For Confirmation regarding the LOI please call Craig Taras (541) 517-4181
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 reflects 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.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
No money or other consideration is being solicited at this time with respect to such an offering, and if sent in response to these materials for such an offering, it will not be accepted. No securities may be sold, and no offer to buy securities can be accepted and no part of the purchase price can be received for an offering under Regulation A+ until an offering statement is qualified by the U. S. Securities and Exchange Commission, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. An indication of interest made by a prospective investor in a Regulation A+ offering is non-binding and involves no obligation or commitment of any kind.
For The Earth Corporation
20 E Thomas Rd.
Phoenix, AZ 85012 USA
Contact: Nelson Grist
Telephone: 602 612-8300