Company continues to prove profitable for shareholders with 250 percent year-over-year increase in revenues
Daytona Beach, FL – April 11, 2019 – White Label Liquid, Inc. (OTC Pink: WLAB) (“the Company”), a leading provider of premium private-label services for the cannabis industry, reported fiscal year 2018 financial results, with the Company recording revenues of $7,006,110. That number greatly exceeded by over $5 million the revenue reported for 2017, demonstrating the Company’s profitability with a 250 percent year-over-year increase in revenue earned.
The Company believes that the strong end-of-the-year results further position it to be a reliable partner to those seeking to be successful in the burgeoning CBD industry throughout 2019 and beyond.
“We had a great year, but it’s only just the beginning,” said White Label Liquid CEO Yaron Elkayam. “These numbers reflect not just the hard work of our partners all along our supply chain; they are also a reflection of the growing strength of the CBD industry.”
White Label Liquid’s expert team provides businesses looking to enter the CBD space with a variety of private label, hemp-derived CBD products to help them meet and exceed a broad range of their customer needs and desires. The Company recently announced that it had moved into a new 51,000-square-foot, all-in-one operations facility to manufacture CBD in-house, using industry standard, “good manufacturing practices” (“GMP”). White Label Liquid, Inc. offers business owners cutting-edge solutions with CBD products that are available in over 20 categories and 300 SKU’s.
(Click here to see a video of White Label Liquid’s manufacturing operations and learn more about the Company.)
Growing mainstream acceptance for organic pain-relieving products, along with industry-supporting government legislation, and increased consumer demand are vital reasons why experts estimate that the American hemp-derived CBD market will grow to $22 billion within the next three years. Moreover, the overall global cannabis industry is expected to reach $146.4 billion by 2025.
“We know that to be the best in any industry, you have to continue to grow and innovate. I am confident that our team will build on the recent investments that we’ve made in our state-of-the-art manufacturing, logistics, and production capabilities and deliver even better figures for 2019.”
About White Label Liquid, Inc.:
White Label Liquid is a leading one-stop manufacturing service providing premium custom-blended products containing hemp-derived CBD oil, all of which are sold to a wide variety of companies including major and small brands, chain stores, vape shops, distributors and dealers worldwide. The Company has the capability to produce up to 50,000 units per day in various packaging sizes and shapes using custom labels and customized presentation packaging. It merged last year with the former Simply Innovative Products, Inc. to create a publicly-traded company under the White Label Liquid, Inc. name dedicated to sharing its veteran industry expertise for the benefit of customers and shareholders alike.
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”, “should”, “could”, “would”, “may” or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company’s ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company’s operating history and resources, economic, competitive, and equity market conditions.
CONTACT:
White Label Liquid, Inc.
386-222-3840
SOURCE: White Label Liquid, Inc.
New lineup includes full spectrum MCT oils, honey tinctures, olive oils, and more
Daytona Beach, FL – March 25, 2019 – White Label Liquid, Inc. (OTCPK: WLAB) (“the Company”) continues to expand its popular line of private-labeled CBD oils, taking advantage of the fact that CBD is now the fastest-growing sector of the industrial hemp market. The company expects to capture a larger share of what experts project to be a $22 billion market with the addition of new products including full spectrum MCT oils, honey tinctures, olive oils, and more.
Available in an assortment of strengths and sizes, White Label Liquid’s new CBD oils give aspiring businesses the flexibility necessary to target both niche and mass markets. The Company’s newly streamlined website, along with their 51,000-square-foot all-in-one operations facility, already offers growing companies cutting-edge solutions for CBD manufacturing, packaging, and private labeling for a variety of products in over 20 categories and 300 SKU’s. With the addition of its new CBD oils, White Label Liquid now gives merchants a bold array of choices to complement its professional branding services.
“White Label Liquid understands that for companies to grow in this business, they need to keep up with consumer demand,” said White Label Liquid CEO Yaron Elkayam. “Our new lineup of CBD oils will help retailers remain on the cutting-edge of what customer’s want while keeping them one step ahead of the competition.”
Experts estimate that the American hemp-derived CBD market will grow to $22 billion by 2022, with the overall global cannabis industry growing to $146.4 billion as early as 2025. White Label Liquid is well-prepared to meet the demands of that market with CBD oils for consumers and pets, along with other popular hemp-derived products such as CBD-infused pre-rolled doobies, gummies, herbs, honey sticks, and pet wellness treats.
About White Label Liquid, Inc.: White Label Liquid is a leading one-stop manufacturing service providing premium custom-blended products containing hemp-derived CBD oil, all of which are sold to a wide variety of companies including major and small brands, chain stores, vape shops, distributors and dealers worldwide. The Company has the capability of producing up to 50,000 units per day in various packaging sizes and shapes using custom labels and customized presentation packaging. Itmerged last yearwith Simply Innovative Products, Inc. to create a publicly-traded company dedicated to sharing its industry expertise for the benefit of customers and shareholders alike.
Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words “estimate”, “project”, “intend”, “forecast”, “anticipate”, “plan”, “planning”, “expect”, “believe”, “likely”, “should”, “could”, “would”, “may” or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company’s ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company’s operating history and resources, economic, competitive, and equity market conditions.
CONTACT:
White Label Liquid, Inc.
386-222-3840
info@whitelabelliquid.com
Source: White Label Liquid, Inc.
Americas Largest Manufacturer of Custom Private Label Products For CBD
As a publicly traded company, we are dedicated to providing world-class white labeling services for businesses looking to expand into the CBD industries.
We Are Perfectly Positioned To Offer Strategic Business Solutions.
We have the manufacturing, logistics and market expertise to provide cutting edge solutions for CBD manufacturing and private labeling.
State-Of-The-Art Facilities:
Manufacturing Over 20+ Categories
White Label Liquid is strategically positioned to provide you with everything you need to launch, run and grow a successful business in the booming CBD industry.
Competitive Advantage:
Two-Week Turnaround Time
White Label liquid develops and engineers a large and diverse line of products. Additionally, our state-of-the-art facilities allow us to develop almost any kind of custom flavor, labels, or product within 2 weeks.
The Most Trusted Partner For Growth
Providing Solutions To Build Brands And Propel The Industry.
White Label Liquid is dedicated to providing the services needed to become a powerhouse in the CBD industry. Our product knowledge, understanding of the fields and production standards are industry-best.
Our Services – And Capabilities
We stay ahead of the trends by analyzing data through quality R&D. We provide our customers with product options in over 20 categories and spanning over 300 flavors. We manufacture CBD products that are on-trend and in high demand. We can create, brand, design and customize packaging for our clients and deliver an array of products engineered to meet their specific goals.
CBD
CBD is among the hottest growing industries, with several companies reporting 30% growth monthly.
Servicing CBD
The CBD market is rare in that the target audience is nearly every person of age. Thus, we help guide brands into deciding who, how and with what products they’d like to appeal to.
Transparency. Investor Questions Answered Here.
The White Label Liquid Company is committed to good corporate governance, which promotes the long-term interests of share owners, strengthens Board and management accountability and helps build public trust in the Company. As such, we always seek to provide answers to all investor questions.
Adding Shareholder Value. By Operating In High Growth Markets
Our mission is to create value for you, our shareholders, over the long term. We do so primarily by operating in the highest growth market in the USA and beyond.