Cannabis Strategic Ventures, Inc. (NUGS) Continues Expansion with Move into CBD Pet Food Supplement Line
Acquired controlling interest in The Asher House Pet CBD brand, produced with full-spectrum, whole-plant hemp, free of THC and pesticides An estimated $72.13 billion will be spent on pets by Americans during 2018, with over $33 billion spent on veterinary care, supplies and OTC medicines Percentage of U.S. households with a pet increased from 56 percent in 1988 to 68 percent in 2018 Sales of CBD products to U.S. consumers estimated to reach $2.1 billion by 2020, with $450 million coming from hemp-based sources The U.S. cannabis market is growing at an accelerated rate; industry analysts projecting a $50 billion…