CBDistillery™ Announces Third Quarter Sales - Revenues Reach $12.3 Million
CBDistillery, one of the nation's largest and fastest growing retailers of hemp-derived Cannabidiol (CBD) products, announces third quarter revenue growth of 30% from the previous quarter. With $12.3 million reported for the quarter, CBDistillery™ continues its torrid growth heading into the end of 2018.
DENVER, Oct. 4, 2018 /PRNewswire-PRWeb/ -- CBDistillery™ Announces Third Quarter Sales
Revenues Reach $12.3 Million
CBDistillery, one of the nation's largest and fastest growing retailers of hemp-derived Cannabidiol (CBD) products, announces third quarter revenue growth of 30% from the previous quarter. With $12.3 million reported for the quarter, CBDistillery™ continues its torrid growth heading into the end of 2018.
CBDistillery is the legacy brand under Balanced Health Botanicals, previously known as ELS Universal. Balanced Health Botanicals (BHB) owns and operates some of the largest manufacturing operations and brands in the hemp-derived CBD market. Through vertical integration, BHB is uniquely positioned to control the entire process from seed-to-sale. BHB is known for its high-quality consumer-focused products and best-in-class manufacturing processes.
From its humble start in 2015, Balanced Health Botanicals has solidified itself as the leader in the #CBDMOVEMENT™. BHB reports consolidated third quarter revenue of $16.4 million across all operations, a 763% growth YoY, including CBDistillery™.
Cannabidiol (CBD) use is skyrocketing in the US. Between 2014 and 2018, the sales of CBD increased by 474%. And if you think that kind of growth can't continue, sales are project-ed to increase another 353% by 2022. Clearly, people all over are discovering that this all-natural, cannabis-derived supplement is a great way to support their health.
About Balanced Health Botanicals
Balanced Health Botanicals (BHB) is a vertically integrated family of brands. Producing the highest quality health and wellness products derived from hemp. BHB is at the forefront of the #CBDMOVEMENT™ and is a leader within the health and wellness space.
For More Information and to Purchase Visit: BalancedHealthBotanicals.com
About CBDistillery
CBDistillery™ is more than just a supplier of CBD products, they are industry experts and thought-leaders, provoking change across the health and wellness industry. They aim to consistently demonstrate humility, compassion, and respect for those we serve in the community. #CBDMOVEMENT™
For More Information and to Purchase Visit: TheCBDistillery.com
SOURCE CBDistillery
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