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Fresh Harvest Products Enters into the Cannabis Edibles Market and Cannabis-Infused Beverage Market

NEW YORK, NY / ACCESSWIRE / October 17, 2018 / Fresh Harvest Products, Inc. (OTC PINK: FRHV), today is pleased to announce that it will be entering into the cannabis edibles market and cannabis-infused beverage market.

Cannabis-infused Beverage Market to Reach USD 600 Million Within 4 Years. The cannabis-infused beverages market is expected to grow rapidly after mainstream beverage companies showed interests in the cannabis-infused drinks. According to Business Insider, analysts at Canaccord Genuity expect that the U.S. cannabis-infused beverages market could reach USD 600 Million in the next four years.

According to a new report Edibles Sales are projected to surpass $4.1 Billion by 2022. Edibles sales in the U.S. and Canada are on pace to reach more than $4.1 billion by 2022, and with consumer-packaged goods giants making sizable investments in cannabis companies-such as Constellation Brands' multi-billion dollar investment in Canada's Canopy Growth Corp.-the category's potential could exceed expectations, according to a new report released by Arcview Market Research in partnership with BDS Analytics.

"Fresh Harvest Products enter into the most lucrative and important markets," said Michael Jordan Friedman, CEO of Fresh Harvest Products. "Management is executing a strategic business plan that allows businesses to use Fresh Harvest Products. Entering into the edibles market and cannabis-infused beverage market is a strategic move in our long-term business plan to ensure we build long term relationships that deliver a steady revenue stream."

Fresh Harvest Products legal team is currently working with the OTC markets to bring the company's filings up to date to remove stop sign and become fully current. The company is aware of Canada cannabis legalization nationwide and we are preparing to showcase future cannabis products to multiple outlets.

Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, regulatory incentives, the development of new business opportunities, and projected costs, revenue, profits and results operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements.

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SOURCE: Fresh Harvest Products, Inc.



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