CHARLOTTE, N.C.--(BUSINESS WIRE)--Level Brands, Inc. (NYSE American: LEVB), an innovative marketing and licensing company that provides bold, unconventional, and socially responsible branding for leading businesses, through its licensing agreement with Isodiol International, Inc. (CSE: ISOL) (OTCQB:ISOLF) (FSE: LB6A.F), is pleased to announce the online launch of five new cannabidiol (CBD) products under the kathy ireland® Health & Wellness brand.
In January 2018, Level Brands and Isodiol signed a 10 year license agreement to work together to develop consumer products for kathy ireland® Health & Wellness, a licensor to Level Brands. The five supplements are available online at: https://isodiol.com/kathyireland/. The products are expected to be available at additional online and in-store retailers nationwide in the coming months.
“It’s very exciting to be at the forefront of the CBD industry, as we educate families about the power of CBD without THC,” states Kathy Ireland, Chairman Emeritus and Chief Brand Strategist of Level Brands. “We continue to believe that the CBD industry will see enormous growth over the next decade on a global scale. Recently, the Brightfield Group reported that the global market for CBD could top $22 billion in the next four years. If passed, the 2018 Farm Bill which includes the Hemp Farming Act of 2018, will remove hemp as a designated controlled substance thereby legalizing the crop under federal law, which will allow CBD to be legally sold in all 50 states. The passage of the 2018 Farm Bill, which would replace the 2017 Farm Bill which expires on September 30, 2018, would be a significant positive development for the industry,” adds Ms. Ireland, who is named one of the most influential women in licensing by License Global Magazine.
The first five organic hemp derived CBD product SKUs under the kathy ireland® Health & Wellness brand, include:
- DAILY Premium CBD Complex: A unique blend of essential daily vitamins, botanical extracts and CBD from organic hemp that may help maintain optimum health and wellness. Vitamin B12 helps boost energy levels while Vitamin C and D3 help maintain optimum immune function.
- REST Premium CBD Complex: A powerful blend of botanical extracts and CBD from organic hemp that may help relax your mind and body to promote sleep naturally.
- MEND Premium CBD Complex: A unique blend of key nutrients, botanical extracts and CBD from organic hemp that may help maintain healthy muscles and joints. Regular use might improve joint function and provide natural relief from occasional discomfort due to exercise and overuse.
- DEFEND Premium CBD Tincture: A unique blend of botanical extracts and CBD from organic hemp that may support a healthy immune system and improve overall wellness.
- EASE Premium CBD Tincture: A unique blend of botanical extracts and CBD from organic hemp that may help reduce inflammation and improve overall wellness.
About Level Brands, Inc. (www.LevelBrands.com)
Level Brands is an innovative marketing and licensing company that provides bold, unconventional, and socially responsible branding for leading businesses. The focus of LEVB is licensing and corporate brand management for consumer products, including art, beauty, fashion, the beverage space, health and wellness, and entertainment. License brand marketing is at the core of the Level Brands businesses: kathy ireland® Health & Wellness; Ireland Men One (I’M1), a men’s lifestyle brand established to capitalize on potentially lucrative licensing and co-branding opportunities with brands focused on millennials; Encore Endeavor One (EE1), a provider of corporate brand-management services and producer of experiential entertainment events and products across multiple platforms.
Forward-Looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements can be identified by the use of words such as ''should,'' ''may,'' ''intends,'' ''anticipates,'' ''believes,'' ''estimates,'' ''projects,'' ''forecasts,'' ''expects,'' ''plans,'' and ''proposes.'' These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including, without limitation, statements the possible passage of the 2018 Farm Bill and the ability of Isodiol International, Inc. to generate any meaningful sales of the kathy ireland® Health & Wellness branded products. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors" in Level Brands, Inc.'s Annual Report on Form 10-K for the fiscal year ended September 30, 2017 as filed with the Securities and Exchange Commission (the "SEC") on December 26, 2017 and our other filings with the SEC. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are generally outside the control of Level Brands and are difficult to predict. Level Brands, Inc. does not undertake any duty to update any forward-looking statements except as may be required by law.
