Denver, CO, June 23, 2022 (GLOBE NEWSWIRE) – via NewMediaWire – CBD Global Sciences Inc., dba Global Sciences Inc. (OTC: CBDNF) (CSE: CBDN) (Frankfurt: GS3.F) (Munich: GS3.MU) (the “Corporation”), is pleased to share that demand for Rap Snacks products is extremely strong in the Colorado market .
Inherited distribution group, “Inherited distribution” (Denver, CO) is dedicated to offering “Best in Class” products to its retailers. We are focused on introducing CBD and non-CBD product lines. Global Sciences Legacy Distribution Group is excited to see the successful launch and growth of RAP SNACKS®. Legacy has signed an exclusive distribution agreement with RAP SNACKS® by its territories of Colorado and Wyoming. In late 2021 and the first quarter of 2022, the company launched the new product in a test market that consisted of less than 5% of the more than 6,000 stores that currently serve our distribution network. The response was overwhelmingly positive. The initial sale of the snack chips resulted in immediate reorders of the new product, worth more than $ 93,000.00 in orders on the test market alone. We decided to move from the test market to mass distribution to all stores. This process has already begun and should take the rest of the year to complete with an increase in volume and sales are expected to be exponential.
Brad Wyatt, CEO of CBD Global Sciences, shared: “I was confident that the addition of the RAP SNACKS® it would be a huge success, I didn’t expect it to be that big! We’re getting product calls from state stores that we don’t even serve, which makes me believe this is bigger than any of us think it was! James and his team have done a fabulous job of combining Hip Hop artists with an incredibly creative and tasty snack offering. I am confident that demand for this product line will continue to grow rapidly. ”
ENVELOPE RAP SNACKS®
RAP SNACKS® was founded in 1994 by James Lindsay, the founder and current CEO of Rap Snacks. He and his team have created a synergy between well-known and emerging hip hop artists by developing for each artist their own special flavor and brand. Snack bags have an artistic interpretation of the hip-hop artist on the front of the bag, each with its own special flavor. On the back of each bag is a QR code that allows the consumer to receive a special message from the artist.
James Lindsay has had two passions since day one; there was never any doubt that Lindsay’s career would incorporate both food and music. “As a kid, I used to consider myself a connoisseur of snacks,” says Lindsay. As a sort of mad scientist for snacking, he often took various kinds of chips and mixed them into a bag in search of the next great flavor, to keep one step ahead of what was currently on the market. “I think hip hop is so open that it has no limitations. And it connects with different brands and products right now because it’s dominant. It’s the most dominant category of music right now. Everyone raps now. No matter what color you are, whatever your background, everyone is rapping. It’s a way of expressing yourself in a very truthful and honest way. “
Previous artists featured on the Rap Snacks lineup include Ol ‘Dirty Bastard, Master P, Meek Mill, Yung Joc, Bell Biv Devoe, Baby, Big Tymers, Pretty Willie, Ms. You, Mack 10 and Pastor Troy.
ABOUT GLOBAL SCIENCES INC.
Global Sciences, Inc., is a producer of hemp-based CBD and a branded investment vehicle that currently owns two brands, Aethics ™ (www.aethics.com) and CANNAOIL, which include oil tinctures. of CBD (liquid products), CBD. capsules, topical CBD, moisturizers and pastries. CBD hemp extracts from CBD Global Sciences are sold through select distributors, brick and mortar retailers and online.
Global Sciences, through its wholly owned subsidiaries, Global Sciences Holdings, Resinosa LLC (www.resinosa.com) and Legacy Distribution Group, (www.legacydistributiongroup.com), offers quality CBD products in both retail and retail formats. e-commerce nationwide. . Direct Store Delivery (DSD) provides distribution services to various vendors of CBD-infused and non-CBD products in the Colorado and Wyoming territories that currently serve more than 6,000 C-stores and department stores through their networks. of distribution. In addition to Legacy Distribution, it has added a manufacturing division, Resinosa LLC (www.Resinosa.com), with its capabilities to provide cGMP manufacturing to the CBD industry with private label and white label CBD and non-CBD product lines.
For more information about the company, please contact:
Investor Relations: 720-881-2541 or by email at info@globalsciences.com
Website: www.globalsciences.ca
PRECAUTION STATEMENT REGARDING PROSPECTIVE INFORMATION
This press release includes certain “forward-looking statements” in accordance with applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements of future developments and the business and operations of the Corporation. Forward-looking statements are necessarily based on a series of estimates and assumptions that, while considered reasonable, are subject to risks, uncertainties and other known and unknown factors that may cause actual results and future events to differ materially from those expressed or implicit. for these forward-looking statements. These factors include, but are not limited to, general business, economic, competitive, political, and social uncertainties; and delay or not receive the approval of the board, shareholders or regulators. Readers should not unduly rely on forward-looking statements. The Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.
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