Cannabis-infused drinks. A business able to reach 600 million U.S. dollars within 4 years
The demand for medical and recreational weed is increasing constantly in the US. According to a study published by Grand View Research, the total legal cannabis market was valued at USD 9.3 Billion in 2016 and it is expected to grow at a annual growth rate of 34.6% to reach USD 146.4 Billion by 2025.The investment in research is increasing and it will surely help the development of much safer ways of ingesting cannabis such as tinctures, juices, oils and edibles. The US represents the largest and most important legal cannabis market in the world. The U.S. legal cannabis market is will probably grow at a CAGR of 24.5% during the next years. Koios Beverage Corp. (OTC: KBEVF), India Globalization Capital, Inc. (NYSE: IGC), Terra Tech Corp. (OTC: TRTC), New Age Beverages Corporation (NASDAQ: NBEV), Namaste Technologies Inc. (OTC: NXTTF)
The cannabis-infused beverages market will probably develop very rapidly after because many beverage companies are very interested in the cannabis-infused drinks. Business Insider, analysts at Canaccord Genuity expects that the U.S. cannabis-infused drinks market could reach USD 600 Million in the next four years.
Canaccord’s Bobby Burleson and Jonathan DeCourcey wrote: “While these trends represent a significant opportunity for US cannabis companies, they have not gone unnoticed by large mainstream beverage players looking to inject growth into their product portfolio.”
Koios Beverage Corp. (OTC: KBEVF) is a company listed on the Canadian Securities Exchange under the ticker (CSE: KBEV). The company has declared that “ it is pleased to announce a distribution deal with Northern Colorado’s FC Food Co-Op, Mountain Avenue Market, exposing the Company’s products to thousands of new customers each week.”
Chris Miller, the founder of Koios, said: “This is truly a Colorado company and a community grocer, with more than 2,000 local items for sale in the store. Founded in Fort Collins by the community for the community, the Food Co-Op shares our values and is dedicated to things like sustainability, organic products, recycling, and most of all, to its members.” Koios’s products are available at the Co-Op.
Koios Beverage Corp is a relatively new company able to distribute its products in more than 2.000 retail locations in the US. It has an important number of relationships with some of the most important distributors in this country. Koios has distributors such as Europa Sports, Muscle Foods USA and more.
It is also the only owner of Cannavated Beverage Corp, a company that produces products for the cannabis market. Through its deal with Keef Brands, the largest producer of cannabis drinks in the US, Cannavated has the distribution all over Colorado. Moreover, it is considering the distribution in other states of the country where cannabis is legal.