American Cannabis (OTCMKTS:AMMJ) is quite pleased to pronounce the official launch of the Benihemp and that took place at the ASD Trade Show. A person familiar with the latest developments has disclosed that Convenient Hemp Mart would be proceeding to develop a wide range of the Benihemp branded, sample sized products for customers including edibles, tinctures, and topical packaged accordingly.
The target markets are smoke shops, convenience stores and similar types of retail businesses where CBD commerce has a monumental likelihood of producing sales from the impulse buyer at the register.
If all moves according to plan, it is anticipated that the Convenient Hemp Mart will soon be unveiling the Benihemp product line and that is set to take place in Las Vegas. MCOA recently channeled $100,000 in form of investments into Benihemp and it is said that was specifically in exchange for a 25% equity stake in Convenient Hemp Mart, LLC.
The CEO of MCOA Donald Steinberg after attending a business conference that was held recently came across several journalists who were out to get his perspective regarding the latest developments.
In addressing them, he said that Marijuana Company of America was quite pleased to have gotten the opportunity to diversify product distribution and that was of course in the various retails markets sprawling out across the country. He outlined that her had much trust in the Convenient Hemp Mart team together with its ability when it comes to the successfully launching Benihemp at ASD.
Sam Girges of Benihemp in making his statement outlined that at the moment they were anticipating the launch of the Benihemp brand at the fourthcoming ASD Marketplace event. It is also worth noting that the Convenience store marketplace has been witnessing immense growth lately.
It was just recently that it hit the new record of over 140 billion dollars in terms of the annual sales. It goes without saying that the coming event will be the best set up to make the presentation of the first industrial Hemp derived products manufactured specifically for that particular market. The company’s team has been working pretty hard to ensure that the launch went on smoothly.