Gilla Inc., the fast-growing designer, manufacturer and marketer of E-liquid for vaporizers, announced today that the Company has entered the cannabis industry with the introduction of its new brand of E-liquids featuring Cannabidiol (“CBD”). CBD is a non-psychoactive cannabinoid which produces strong medicinal and therapeutic effects for numerous common conditions. At present, CBD produced from industrial hemp is legal to purchase and consume throughout the United States and many international markets. The Company intends to produce its initial CBD E-liquids with ingredients derived from industrial hemp to gain access to numerous global markets leveraging its existing international sales and distribution platform. Furthermore, Gilla intends to collaborate with licensed medical marijuana producers and clinics to develop new E-liquid products that will sell through licensed channels in jurisdictions where medical or recreational marijuana has been legalized.
Gilla’s new brand of CBD E-liquid products will be marketed under the new label “Enriched” and www.enrichedvapor.com.
“As education and research has demonstrated, there are many significant medicinal and therapeutic benefits derived from cannabis, and Gilla has been working on developing products for this fast growing market since earlier this year,” stated J. Graham Simmonds, Chairman and CEO of Gilla. “Given these products can be effectively delivered through vaping systems, it was an easy decision for Gilla to develop new products for this market and to begin looking at furthering opportunities to collaborate with or potentially acquire licensed producers and dispensaries within the cannabis industry.”