Startup Investment Opportunity
Hemp and CBD are all the rage...the hemp industry is exploding right now and projected to surpass $20B by 2024.
The product is a Hemp Flower Infused Chai Tea Beverage in fresh almond milk with a special spice blend that is slightly sweet and uniquely flavorful. It is rich in micronutrients and minerals, flavonoids, terpenes and vitamins. What makes this Hemp Beverage different than all others is the unique infusion technique vs. the current trend of merely adding CBD extract to the drink. It’s immediately soothing, calming, healing, enlivening.
This is a unique beverage with a profitable future within the Specialty Food & Beverage category. It has been two years in development and testing and is now ready to launch. The solid brand campaign with a clever acronym of CBD is ready to go. Knowledgeable and industry connected management is in place with strong business plan. Key retailers and distributors have preapproved the product for placement.
The initial Soft-launch of this start-up at Hemp Expo in March 2019, the largest gathering of Hemp Industry professionals, with over 10,000 attendees in a 2-day period, found extremely high interest and favor from consumers, distributors, retail locations, etc. Taste test feedback exceeded expectations and created a real buzz at the Hemp Expo.
In the U.S. functional beverage segment alone, the cannabis, CBD and hemp-infused drinks market is likely to reach $1.4 billion by 2024, a nearly 15x increase from 2018’s sales of $89 million, according to Zenith Global, a leading global food and drink consultancy.
A staged investment of $3M positions this opportunity for success and a healthy ROI.
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