SAVANNAH, GA, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Smoke Cartel, Inc. (Ticker: SMKC), a leading online retailer and wholesaler of glass water pipes, vaporizers, and other related accessories for the cannabis industry, today announced it has launched MindCBD.com to enter the rapidly growing cannabidiol (CBD) market.
MindCBD is Smoke Cartel’s newest retail website and carries a wide range of CBD products, including highest quality pure spectrum hemp oil, CBD edibles, CBD gummies, pet CBD products, and a variety of vaporizers. Products are available for subscription service or for one time purchase. CBD is the non-psychoactive ingredient of cannabis, and is known to help treat conditions such as pain, insomnia, and anxiety. The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 which would be a 700% increase from 2016.
“We are thrilled to launch the MindCBD website as Smoke Cartel seeks to expand into new emerging markets like CBD,” said CEO Darby Cox. “MindCBD is our eighth owned and operated retail website and it will add a new, diversified revenue stream to Smoke Cartel Inc. as we continue to strive to be the leader in ancillary cannabis products,” continued Ms. Cox.
Smoke Cartel currently does not produce its own line of CBD products but has plans to develop a branded MindCBD product line in the future.
A photo accompanying this announcement is available at: Mind CBD
About Smoke Cartel, Inc.
Smoke Cartel, Inc. (Ticker: SMKC) is one of the leading online retailers of glass water pipes, vaporizers, bubblers, spoons, oil and dab rigs, smoking accessories, and cannabis accoutrements. The Company provides a wide variety of high quality products, reliable customer service, and rapid dependable shipping. Smoke Cartel offers 24-hour support and online chat services to ensure the customer experience is timely and professional. Smoke Cartel operates a transparent business model which is important in an industry with varying state regulations and significant scrutiny. The Company’s website at www.smokecartel.com offers fast load times and optimizations, making the product search process quick and seamless.
(Certain matters discussed in this press release may contain statements, estimates and projections that involve risks and uncertainties in Smoke Cartel, Inc.’s (the “Company”) business that may cause actual results to differ materially from those anticipated by the statements made herein. Such statements, estimates and projections constitute forward-looking statements within the meaning of the federal securities laws. Smoke Cartel undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. No representations or warranties are made as to the accuracy of such forward-looking statements or whether any of the projections included herein will be realized.)
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