The Company’s first beverage product group will consist of powdered flavored hemp seed and hemp infused teas.
Within its global expansion plan, Redfund Capital is filling a key gap in the market for lifestyle-driven infused beverages as demand for upscale hospitality and health-wellness sectors start to boom. This foray of products will be the hemp market’s solution for the search of high quality items. The products will be manufactured with the latest technology, where we have strategic alliances and where we will provide the raw materials.
The Company’s first beverage product group will consist of powdered flavored hemp seed and hemp infused teas. Hemp based protein powders have been popular as nutritional supplements used by athletes, bodybuilders and those looking to grow and stay healthy.
“Reports suggest the entire hemp-derived CBD market will hit $22 billion globally by 2022. Much of the focus on CBD-infused products and drinks is towards the healthy lifestyle consumer market. However, more big brand beverage companies are expected to enter the industry and create CBD-infused non-alcoholic beverages for a broader spectrum of consumers. CBD-focused developments and partnerships are likely to increase as industry regulation becomes clearer.” (CannabisNewsWire 1/15/19)
“The launch of our own proprietary beverage product-line has been in the works for almost a year. This division will provide the go forward business development advisory services as an added benefit to portfolio clients,” said Meris Kott, CEO.
Redfund intends to provide debt and equity funding in the mid-to-late stages of a target company’s development, or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis, hemp and CBD-related, healthcare-related target companies.