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COCONUT CREEK, FL, Feb. 06, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – NutraLife Biosciences, Inc. (OTC:NLBS)a manufacturer and distributor of private label and branded nutraceutical and skincare products, today announced a strategic partnership with CRP. Under the terms of the agreement, CRP will provide NutraLife with branding and marketing guidance while NutraLife becomes a preferred partner of CRP.
According to Grand View Researchthe global CBD market is projected to grow from $2.8 billion in 2020 to $13.4 billion in 2028, representing a 21.2% compound annual growth rate. Meanwhile, the analyst believes that the industrial hemp market will grow at a comparable 16.2% CAGR to reach $12.1 billion by 2028.
“NutraLife is a leading manufacturer of ingestible and skincare products using breakthrough, nutrient-rich formulations with the most effective ingredients and delivery systems available in the nutraceuticals industry,” said NutraLife CEO Edgar Ward.
In conjunction with recent private-label agreements, the Company is in the process of expanding its manufacturing operations and capabilities to accommodate the production of …
Full story available on Benzinga.com
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