World News: 08:00 GMT Thursday 30th May 2019. [Tech Central via Businesswire via SPi World News]
(OTC:TCHC) ("TCHC") today announced it is developing an APP, “CBD Affiliate Marketer,” dedicated to the CBD Industry.
CBD products are among the hottest on the market right now. The passage of the 2018 Farm Bill has helped to pave the way for the CBD industry to grow in anticipation of full legalization of the cannabis plant. CBD sales have been soaring. Hemp-derived CBD alone was a $390 million market in 2018 and is expected to reach $1.3 billion by 2022 and that doesn't even include all the CBD products derived from other forms of cannabis.
A problem the CBD industry is facing is that it can be a difficult product to market due to outdated advertising restrictions in place by Facebook and Google. TCHC sees potential in providing affiliate marketers the knowledge needed to market CBD products the correct way to capitalize on the industry.
The CBD Affiliate Marketer APP will be useful both for seasoned and new affiliate marketers. It will feature training for all of the top social media platforms and provide members with the tools needed to increase the odds of running a successful campaign. Members will benefit from training and high commissions, CBD sellers will benefit from having exposure of their products, and TCHC will benefit from a fee CBD sellers will provide to have access to the APP. It is important to note that the affiliate program is NOT “MLM,” or Multi-level Marketing.
Company President Joseph Lewis stated, “We are excited to enter the CBD sector with this APP. Our official Beta Version will be announced shortly. We feel that by building a presence now that the Company can provide much needed content to the CBD / cannabis sector and position itself for potential acquisitions in the CBD / cannabis sector.”
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Business Wire: 08:00 GMT Thursday 30th May 2019
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