Biz Tips: Companies explore their growth potential by dipping into the emerging CBD and crypto markets

Biz Tips: Companies explore their growth potential by dipping into the emerging CBD and crypto markets

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Companies explore their growth potential by dipping into the emerging CBD and crypto markets

People who are always on the lookout for potentially lucrative investment are keeping their eyes on two booming markets: CBD and cryptocurrencies. These two markets have showcased a stellar performance last year and both of them are also projected to grow into billion-dollar industries in the coming years.

What really kicked off cryptos into mainstream investing is because of Bitcoin’s rags to riches story. It started out as a virtual currency that was worth less than a dollar in 2009, but now, each unit is worth more than $10,000. Its competitors like Ethereum are also showcasing a tremendous growth and people are looking to get a piece of their skyrocketing prices.

At the other end is the CBD industry. The demand for the miracle compound continues to increase and product distributors are more than willing to supply the public with a steady stream of amazing products derived from the cannabis compound.

It’s not just investors who are interested in the potential of these two markets, as even big companies that have never ventured into CBD and crypto are now dipping their feet in it. The efforts of these companies are well reciprocated though as their ventures into CBD and crypto have paid off greatly.

Kodak

Kodak (NYSE:KODK) is a name that is pretty much synonymous with photography. It’s the biggest name in its sector, and it started off 2018 with a big bang. Early in January, Kodak launched an initial coin offering (ICO) for its very own line of digital currency called KODAKCoin. According to TechCrunch, the company’s stock rose up to 44 percent after the reveal.

Other than having a crypto coin for itself, Kodak also launched a platform called KODAKOne. The platform is based on the blockchain technology, and it pays photographers in crypto coins if they get their photo published. In doing so, Kodak is able to establish a solid ground in the crypto industry and its stock could grow even further in the future.

Kodak is learning to keep up with the changing times.

Mansfield-Martin Exploration

Mansfield-Martin Exploration Mining, Inc. (OTCMKTS:MCPI) is a formidable name in the mining industry. The company primarily focuses on gathering raw materials to meet the demand for items such as silver and gold, but recently, Mansfield-Martin announced that it’s going to look into a different kind of mining.

In a press release, the company announced that it was going to launch a silver-based crypto called Silverback.IO in partnership with Qu Ltd. Each unit of the crypto will be based on the current market price of crypto, and one of the more lucrative altcoins, Ethereum. Through its steps toward cryptocurrencies, Mansfield-Martin has opened up a world of possibilities for its investors, as they can now take part in what could be a profitable coin.

Trimax Corporation

Trimax Corporation’s (OTCMKTS:TMXN) subsidiary, Saavy Naturals has been a key player in the organic personal care industry. The company’s inventory is filled to the brim with the most organic skin care products people can find. Just recently, Saavy Naturals has decided to step into a new territory with the announcement of a skin care line infused with hemp.

The Saavy Naturals Hempline consists of lotions, body creams, and more that come with CBD’s benefits. Other than that, the products are also infused with bay rum to give them a more aromatic scent.

Trimax Corporation’s baby steps into the growing CBD cosmetics market is going to do good for the company in the future. As the demand for more CBD products increases, Trimax Corporation and its subsidiary is there to help people incorporate the compound into their lives through skin care.

Ubiquitech

While most companies would venture into either one of the two only, Ubiquitech Software Corp. (OTCMKTS:UBQU) takes things up a notch by getting into both. Recently, the company announced that its subsidiary, HempLifeToday.com had an amazing fourth-quarter run on the previous fiscal year.

Its subsidiary’s fourth-quarter revenue rose to more than $1.2 million while its fiscal year 2017 ended with around $4.5 million in revenues. CEO James Ballas attributes the stellar performance to the CannazALL brand that continues to become a prominent name in the industry. Ballas also expressed his excitement for the upcoming launch of their venture into cryptos with CryptoBuy, which will allow Ubiquitech to track and process transactions within the blockchain. This is just first of what could be a great foray into cryptos for Ubiquitech.

These companies have showcased the potential of both CBD and cryptos. Their recent ventures have allowed their respective companies to grow. As they place their bets on two lucrative businesses, Kodak, Mansfield-Martin, Ubiquitech and Trimax Corporation become investment-worthy companies on their own.

https://medium.com/media/6081da77cbbeaf6a901cd2924bdbefb8/href


Companies explore their growth potential by dipping into the emerging CBD and crypto markets was originally published in Marketing And Growth Hacking on Medium, where people are continuing the conversation by highlighting and responding to this story.

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