- Received a capital distribution of $186,000 from its investment in JUUL Labs, Inc. (JUUL).
- Altria Group Inc. (NYSE: MO) invested $12.8bn (35%), valuing JUUL at $38 billion.
- JUUL is one of the fastest growing companies in the US, growing revenue to over $1 billion in a few short years.
- The global e-cig and vaporizer market is one of the fastest growing consumer markets, expected to reach $49 billion by the end of 2024
- APPB recently acquired a majority stake in Trace Analytics, Inc., a leading testing and analytics company.
- APPB also has a early stage investment in Hightimes Magazine
- APPB: Market Cap of 20$M US with 10m shares outstanding
About Applied BioSciences Corp.
Applied BioSciences Corp. (www.appliedbiocorp.com),
is a diversified company focused on multiple areas of the medical,
bioceutical and pet health industry. As a leading company in the CBD and
Pet health space, the company is currently shipping to the majority of
US states as well as to 5 International countries. The company is
focused on select investment, consumer brands, and partnership
opportunities in the recreational, health and wellness, nutraceutical,
and media industries.
About Trace Analytics Inc.
Trace Analytics Inc.
is a leading cannabis science and technology company with significant
footprints in lab testing, research and development and licensing. Trace
Analytics was started by a group of scientists who specialized in
analytical chemistry, genetics and molecular biology. The focus of the
team is to ensure compliance with public safety standards and end user
safety. Trace Analytics is in the process of expanding throughout the
United States, and globally. With the goal of helping the rest of the
world adopt “best practices” in cannabis and hemp testing, the company
also provides expert consulting services to legislators and regulators
in many countries, states and municipalities around the world. For more
information, please visit: http://traceanalytics.com.
Contact
Email: [email protected] or [email protected]
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Official Website:www.appliedbiocorp.com / www.traceanalytics.com
Brands:
www.remedishop.com
www.herbalpet.com
www.canagel.com
Follow us:
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Instagram @remedishop & @herbal_pet
Twitter @remedishop & @herbal_pet
Link to AppliedBioSciences Hub
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