WeedLife, Inc. to Acquire Saving Grace Oil, Inc.

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Save Grace Oil, Inc.

WeedLife.com

GREENWOOD VILLAGE, COLORADO, USA, Dec. 27, 2022 /EINPresswire.com/ — WeedLife, Inc., a social networking technology company operating in the legalized cannabis and hemp industry, today announced that it had signed a letter of intent to acquire 100% of the CBD company, Saving Grace Oil, Inc.

“Our 2023 business model of acquiring and energizing CBD companies with global marketing campaigns through our social media channels WeedLife.com and HempTalk.com, aims to rapidly grow our bottom line revenue by leveraging the international audience of users across both platforms,” ​​WeedLife said. CIO, Mike Fuller.

“Helping WeedLife through the process of integrating CBD companies into its international social network will not only add to WeedLife’s quarterly revenue, but will increase the company’s market capitalization as it prepares for a potential liquidity event in 2023” , added Ken Tapp, WeedLife. President.

According to a comprehensive research report by Market Research Future (MRFR), “Cannabidiol Market Insights by Form, Route of Administration, End User, Product, Application, Source and Region – Forecast to 2030”, the size of the market was valued at $9.1 billion. in 2021 and is expected to reach $59.3 billion by 2030, according to a press release provided by Market Research Future (MRFR) on October 17, 2022 (https://www.globenewswire.com/en/news-release/ 2022/10/17/2535824/0/en/Cannabidiol-CBD-Market-Size-Worth-USD-59-3-Billion-by-2030-at-18-2-CAGR-Report-by-Market-Research- Future-MRFR.html).

According to the MRFR press release, the main competitors in the cannabidiol (CBD) market are:
• Folium Biosciences
• Aphria Inc.
• Isodiol International Inc.
• Canopy Growth Corporation Inc.
• Medical Marijuana, Inc.
• Florida Green Routes
• Freedom Leaf, Inc.
• ENDOCA LLC
• CBD Health Solutions LLC
• Resume Science
• Elixinol Global Limited
WeedLife aims to potentially add to the above list by acquiring CBD companies like Saving Grace Oil, Inc. and connecting them to its global social network which is accessed by over 120 countries.

About WeedLife, Inc.

WeedLife consists of two distinct and unique social media platforms, WeedLife.com and HempTalk.com, which globally connect and educate consumers, experts, caregivers and healthcare professionals.

WeedLife.com is a cannabis consumer social network launched in 2013. Ten years later, it has become the most widely used social platform in the world, used monthly by cannabis enthusiasts from over 120 countries. Join millions of other people like you, helping to educate each other through the ever-changing and growing legalized industry, at https://www.WeedLife.com

HempTalk is a marketplace platform to specifically educate consumers about the unique use cases, brands, and benefits of legal CBD products for humans and pets. HempTalk.com enables CBD and hemp businesses to reach an international group of professional CBD users and consumers, through affiliate marketing and educational articles, videos and podcasts. Learn more about CBD and hemp products at https://www.HempTalk.com

About Saving Grace Oil, Inc.
Saving Grace Oil is committed to providing our customers with the highest quality CBD products. All of our products, including Daily Full Spectrum Formula, Wellness Full Spectrum Formula and others, are made from the finest ingredients, ensuring efficacy and safety. When you choose Saving Grace Oil for your CBD products, you can rest assured that you are getting the best CBD oils for anxiety, stress, and pain relief.

Buy our CBD products at https://www.SavingGraceCBD.com

Todd Markey
Weed Life, Inc.
+1 844-420-4208
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