Under the Symbol:
GenTech Issues Shareholder Letter on Vision for Significant Expansion Into the $2.1B CBD Space
Tuesday, May 14, 2019 8:30 AM
NEW YORK, NY / ACCESSWIRE / May 14, 2019 / GenTech Holdings, Inc. (OTC Pink: GTEH) ("GenTech" or the "Company"), an emerging leader in the CBD marketplace, issues the following letter to Shareholders from the CEO:
Dear Valued Shareholder,
First off, I want to take this opportunity to thank you for your commitment and loyalty during a pivotal phase in GenTech's history, and for continuing to join us as we work to build our long-term vision and steer the Company toward the many exciting steps that lie in front of us.
My goal today is to present you with a more robust understanding of why we are so excited about the path ahead, and how we plan to execute on our vision as we aggressively enter the health and wellness space with a strong focus on the Cannabidiol ("CBD") market through our brand designation, "The Healthy Leaf".
The core of our vision is a national chain of 'Healthy Leaf' branded coffee houses, an e-commerce hub, and a targeted outreach program directed toward medical facilities with the goal of educating patients and health practitioners of the extraordinary health and wellness benefits of CBD.
We see 'The Healthy Leaf' becoming synonymous with an invigorating break for busy health-conscious people in need of a recharge. We want to provide that consumer opportunity - an oasis from the anxiety and stress of daily life for a half hour of yoga, a wellness and relaxation class, or perhaps just a peaceful CBD infused Tea or a revitalizing CBD infused lunch time snack bar.
The CBD market is one of the fastest growing consumer product markets on the planet right now, with some analysts projecting as much as 20x growth over the next 36 months. One of the truly unique facets to this growth curve is that has not been sponsored by any major existing brands from established large-cap corporate entities. It has been truly organic.
That suggests there is a great deal of room for further growth. And we see "The Healthy Leaf" as targeting a relative unexploited niche in this market - one that is very naturally suited to a holistic marketing approach that leverages a coherent lifestyle concept, allowing it to thrive.
At this point, we have carved out a roadmap covering a two-year period, at the end of which we intend to have a franchise model in place with locations spanning the US market from coast to coast. We plan to advance our medical outreach agenda and our e-commerce model over the very near term to pave the way for this retail expansion.
We will update you on our progress frequently as we achieve key milestones along the way. Our most immediate objectives include the establishment of key marketing and early-stage product supply partnerships, as well as initial steps involved in meeting our real estate requirements for the establishment of our first location.
Finally, now that we are launching The Healthy Leaf, it is more important than ever to have the proper strategy in place to cultivate a strong identity and narrative in the marketplace during this critical stage. As such, to help us navigate this transition and maximize the commercial opportunity in front of us, we have partnered with the exceptional team at EHC Branding Agency to handle our social media, corporate communications, product branding, digital media, and web presence.
There are a lot of exciting steps ahead of us, and we look forward to keeping our shareholders and the wider market fully informed at every turn.
David Lovatt, CEO
About GenTech Holdings, Inc.
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The company is creating a national chain of Hemp Centric Coffee Shop Retail Spaces where patrons can relax, drink CBD infused Teas and Coffees, try various own-brand products and experience holistic education and classes. The company is also building an extensive outreach program working with medical practitioners across the country in their own locations to educate their patients and increase awareness of the benefits of THC free CBD Products. All of this is offered under the brand 'The Healthy Leaf'.
This press release may contain forward-looking statements, including information about management's view of GenTech, Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of GenTech, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on GenTech's future results. The forward-looking statements included in this press release are made only as of the date hereof. GenTech cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, GenTech undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by GenTech.
Press & Media Inquiries:
EHC Branding Agency
SOURCE: GenTech Holdings, Inc.