WHITE LABEL LIQUID TO REPORT SIGNIFICANT INCREASE IN REVENUES FOR 2018, GREATLY EXCEEDING PREVIOUS YEAR'S
22 March 2019 - 12:30AM
InvestorsHub NewsWire
WHITE LABEL
LIQUID TO REPORT SIGNIFICANT INCREASE IN REVENUES FOR 2018, GREATLY
EXCEEDING PREVIOUS YEAR'S FINANCIAL RESULTS OF OVER $2
MILLION
Rapid growth
of the Company reflected in expanded new facilities, products, and
services
Daytona Beach, FL
-- March 21, 2019 -- InvestorsHub NewsWire -- Executives at White
Label Liquid, Inc. (OTC Pink:WLAB)
("the Company"), a leading provider of custom-blended hemp-derived
products, today announced that it will report greatly increased
revenues and other year-over-year performance metrics for 2018 at
the end of the month. The Company showed a significant increase in
revenues for 2018, exceeding the over $2 million in financial
results reported for 2017. Such sturdy financials further position
the Company to be a strong, reliable partner to those seeking to be
successful in the burgeoning CBD industry.
"The hard work of our staff over the last two years has really
helped position White Label Liquid as an expert partner for
companies in the CBD business," said White Label Liquid CEO Yaron
Elkayam. "The proof is not just in our immediate revenues and
profits, but also in our state-of-the-art manufacturing, logistics,
and production capabilities that have allowed us to meet or exceed
a broad range of customer needs and wants."
(Click here
to
see a video of White Label Liquid's manufacturing operations and
learn more about the Company.)
Growing mainstream
acceptance for organic pain-relieving products, along with
industry-supporting government legislation, and increased consumer
demand are key reasons why experts are estimating that the American
hemp-derived CBD market will grow
to $22 billion within the next three years.
Moreover, the overall global cannabis industry is
expected to reach $146.4 billion as early as 2025.
The Company, which recently unveiled a new streamlined website and
a 51,000-square-foot all-in-one operations facility, offers
cutting-edge solutions for CBD manufacturing, packaging, and
private labeling for an array of products in over 20 categories and
300 SKU's. Their CBD is manufactured in-house, using industry
standard, "good manufacturing practices" ("GMP") and
state-of-the-art highest-quality assurance testing in the
business.
About White Label Liquid, Inc.: White
Label Liquid is a leading one-stop manufacturing service providing
premium custom-blended products containing hemp-derived CBD oil,
all of which are sold to a wide variety of companies including
major and small brands, chain stores, vape shops, distributors and
dealers worldwide. The Company has the capability to produce up to
50,000 units per day in various packaging sizes and shapes using
custom labels and customized presentation packaging.
It merged
last year with
the former Simply Innovative Products, Inc. to create a
publicly-traded company under the White Label Liquid, Inc.
name dedicated
to sharing its veteran industry expertise for the benefit of
customers and shareholders alike.
Safe Harbor
Statement: This release includes
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Such statements include any that
may predict, forecast, indicate, or imply future results,
performance or achievements, and may contain the words "estimate",
"project", "intend", "forecast", "anticipate", "plan", "planning",
"expect", "believe", "likely", "should", "could", "would", "may" or
similar words or expressions. Such statements are not guarantees of
future performance and are subject to risks and uncertainties that
could cause the company's actual results and financial position to
differ materially from those in such statements, which involve
risks and uncertainties, including those relating to the Company's
ability to grow. Actual results may differ materially from those
predicted and any reported should not be considered an indication
of future performance. Potential risks and uncertainties include
the Company's operating history and resources, economic,
competitive, and equity market conditions.
CONTACT:
White Label Liquid,
Inc.
386-222-3840
info@whitelabelliquid.com
White Label Liquid (CE) (USOTC:WLAB)
Historical Stock Chart
From Nov 2024 to Dec 2024
White Label Liquid (CE) (USOTC:WLAB)
Historical Stock Chart
From Dec 2023 to Dec 2024
