Canbiola, Inc. Announces First Major White Label CBD Contract of 2020 with Multi-Unit Retail Chain Stores

HICKSVILLE, NY, Jan. 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a health and wellness company specializing in the highest grade CBD products on the market, announced today the signing of the year’s first significant white label contract for CBD products for a multi-unit operator in the Eastern United States. The company has signed to provide private label products to the Canbiola custom specifications in our premium label series.

Based upon similar roll-outs, we anticipate this top performing product to do very well for the client, and look to expand the initial product offerings. This first agreement of 2020 is a direct result of our stated efforts to expand our white label and private label business. The company currently has manufacturing capacity of up to $40 million at wholesale in our Lacey, Washington R&D lab and production facility and through its targeted sales efforts the company looks to capitalize on this available capacity. Parties interested in a high volume, lower cost, high quality private label production should contact the company directly.

CEO Marco Alfonsi stated, “We’ve hit the ground running and are focused upon accretive results for our shareholders this year. With a clear and concise plan in place, the team is working towards these goals with optimism and enthusiasm.”

About Canbiola, Inc.

Canbiola, Inc. (OTCQB: CANB) is a vertically integrated conglomerate specializing in the manufacturing, formulation, and sale of THC-Free Cannabidiol (CBD) Isolate products such as oils, drops/tinctures, gels, creams, moisturizers, chews, and capsules.  All Canbiola products are organic and Non-GMO, free of impurities and contaminants, and formulated with the finest ingredients to the highest manufacturing standards. All products are certified for purity and accuracy by third-party laboratory verification. 

Canbiola pursues an aggressive growth strategy through the continual development of proprietary products and the expansion of its offerings via strategic acquisitions in the healthcare and CBD industries.

Canbiola has created several innovative CBD product lines, marketed through targeted channels including:

·        The Canbiola clinical line, which is marketed and promoted through healthcare practitioners in the medical setting.

·        The Pure Leaf Oil (consumer brand) and Seven Chakras (spa brand) lines are sold through both online and brick & mortar retail outlets.

Canbiola’s state-of-the-art manufacturing facility in Lacey, WA is operated by Pure Health Products LLC (PHP), a wholly-owned subsidiary that produces all of the Company’s CBD Isolate products, in addition to providing private label and white label solutions for companies looking to add high-quality CBD items to their offerings. Canbiola is passionate about improving people’s lives and takes pride in providing pure CBD products infused with organic and natural ingredients. We want customers to know that they are buying lab-tested, high-quality natural products at a great price.