Sky Century Investment, Inc. (OTC Markets: SKYI)
Governments around the world are gradually legalizing the production and sale of cannabis, causing an exponential market growth in sales of all derived products. In turn it has led to an increase in market awareness and companies in the industry.
The said tendency has been most prominent in the US and Canada. In 2016, taxed and recorded sales of legal Cannabis in these countries grew by 30% to $6.7 billion compared to the previous year. Forecasts indicate it will grow to over $20.2 billion by 2022.
The scenario of the explosive growth in North America is expected to take place in Europe as well. The legislation there seems to be following a similar path. This will lead to formation of a substantial legal cannabis market, initially in medical, health and lifestyle with recreational use to follow eventually.
Last June due to the situation Sky Century Investment, Inc. deemed it best to start producing its own line of CBD products. The Company is committed to selling the highest quality CBD products to its customers and select goods for the online store accordingly. The team is dedicated to using only pharmaceutical grade ingredients in the products to provide the best product on the market. All Sky Century Investment, Inc. certified Cannabinoid products are THC free and are independently lab tested for purity.
Sky Century Investment, Inc. highlights the key distinction between two major cannabinoids extracted from the cannabis plant: Cannabidiol (CBD) and Tetrahydrocannabinol (THC). CBD is the compound that is legal in most European countries when used as a health and wellbeing supplement. The Company’s focus is exclusively on Legal CBD compounds which are legal in most European territories and other countries outside Europe. The second compound, THC, can be psychoactive and is used as part of prescribed pharmaceuticals or for “recreational purposes”. Sky Century Investment, Inc. does not and has no intentions to participate in the THC part of the market.
Apart from the quality CBD products, Sky Century Investment also provides a range online services, such as digital marketing and SEO, analytics and reporting. The Company is engaged in content marketing, website design and email marketing. Last year the Company purchased Cannabis News LLC with Cannabis News Application.
Sky Century Investment, Inc. is trading in the open market which means that you can make an investment to fast growing Legal CBD part of the market. Currently the Company is at the last stage of developing its new CBD product line and launching an online store on Shopify platform. It is surely perspective for purchasing SKYI shares seeing that is constantly evolving in all the mentioned areas.
The President of Sky Century Investment, Inc.