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Pet Releaf Dominates the CBD Pet Market with 2020 Growth Expected to Reach 30% in Q1

January 14, 2020 GMT

LITTLETON, Colo.--(BUSINESS WIRE)--Jan 14, 2020--

Pet Releaf, the market-leading, #1 most-trusted organic CBD and hemp pet product manufacturer, reports significant growth in 2019 due to increased interest in CBD pet products, expanded product lines, and market demand for the highest possible quality USDA organic CBD pet products.

“This has been a breakout year for the CBD pet industry as a whole and specifically for our company as we continue on our mission to change what healthy means for pets ™,” said Steve Smith, Co-Founder and President of Pet Releaf. “We have a moral obligation to educate as many pet parents as possible on the benefits of CBD. This year, we expect to see mass adoption of CBD pet products and anticipate a 30% increase in revenue in the first quarter of 2020.”

Pet Releaf achieved the following milestones in 2019:

All of Pet Releaf’s products incorporate hemp that is certified USDA organic and grown at the company’s joint-venture hemp farms strategically located across Colorado. Pet Releaf uses the entire hemp plant to provide full-spectrum CBD products that are highly nutritional, effective, and safe.

About Pet Releaf

As the industry’s pioneer and market leader in CBD products for pets, Pet Releaf’s mission is to change what healthy means for pets ™. By producing the highest quality hemp products for dogs, cats, and many other mammals, they are doing just that. All of their products incorporate hemp that is certified USDA organic and grown at their joint-venture hemp farms strategically located across Colorado. By utilizing the entire hemp plant, extracting their full-spectrum hemp oil using a super critical CO2 method, and making products using all-natural and organic ingredients, Pet Releaf has created “beyond human grade” products with proven positive results for animals. Pet Releaf products are sold in over 6,000 independent retail stores across the United States and can also be found in Asia, Africa and Europe.

For more information, please visit www.PetReleaf.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200114005247/en/

CONTACT: Sonya Hausafus

SonyaH@PetReleaf.com

303-953-2620Media Contact:

Paulo Acuna

pacuna@olmsteadwilliams.com

310-824-9000

KEYWORD: COLORADO UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: ALTERNATIVE MEDICINE TOBACCO HEALTH SPECIALTY WOMEN AGRICULTURE MEN NATURAL RESOURCES RETAIL CONSUMER VETERINARY

SOURCE: Pet Releaf

Copyright Business Wire 2020.

PUB: 01/14/2020 07:05 AM/DISC: 01/14/2020 07:05 AM

http://www.businesswire.com/news/home/20200114005247/en