FORT LAUDERDALE, FL, April 10, 2018 (GLOBE NEWSWIRE) -- SanSal Wellness Holdings, Inc. (“SanSal Wellness” or the “Company”) (OTCQB: SSWH), a vertically-integrated agribusiness focused on producing full spectrum natural phytocannabinoid-rich industrial hemp extracts, is pleased to announce that the Company has completed development and has launched a new pet line of full spectrum hemp oil products specifically formulated for dogs and cats.
“Most people consider their pets as their very own children, so the trends for animal health supplementation generally follow similar trends for human health supplements. Cannabinoid-rich hemp oil extract supplementation is no exception,” stated Rianna Meyer, Vice President of Operations at SanSal Wellness. “In 2018, as consumers become informed on human hemp oil supplements, pet owners are becoming increasingly aware of the benefits that THC-free cannabinoid supplementation can provide to their cherished cats and dogs, particularly later in life.
“With this in mind, we have developed an all-natural pet line to deliver dosage to our beloved cats and dogs in flavors we know they love. And because cats and dogs can be hyper-sensitive to THC, our zero-THC product line is specifically formulated using industrial hemp to the same high standards for quality and purity as our products for human use.”
According to the American Pet Products Association, an industry group representing pet product manufacturers and importers, U.S. pet owners spent more than $69 billion on their pets in 2017. Of that, over $15 billion was in supplies/OTC Medicine and $17 billion in vet care. In 2018, cannabinoid-based supplementation is expected to become one of the fastest growing segments of the pet products market.
The Company’s product line for dogs and cats is now available for purchase from the Company (www.sansalwellness.com) and through other select retailers in 100 mg or 200 mg tincture formats in both bacon and tuna flavors. Additional products for the Company’s newly launched pet line are currently in development for both cats and dogs, as well as equine animals.
About SanSal Wellness Holdings, Inc.
SanSal Wellness Holdings, Inc. (OTCQB: SSWH) is focused on producing superior quality, whole-plant, broad spectrum phytocannabinoid-rich hemp oils and extracts. SanSal Wellness currently operates a 140-acre farm and production facilities in Pueblo, Colorado, and is registered with the Colorado Department of Agriculture to grow industrial hemp. The Company files periodic reports with the Securities and Exchange Commission, which can be viewed at www.sec.gov.
For additional information, visit www.sansalwellness.com.
Cautionary Language Concerning Forward-Looking Statements
This SanSal Wellness Holdings, Inc. press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including those with respect to the Company’s mission statement and growth strategy, are “forward-looking statements.” Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update any of the information contained or referenced in this press release.