TEMECULA, CA / ACCESSWIRE / February 1,
2019 / International Endeavors Corporation, Inc. (OTC
PINK: IDVV) today announced that its subsidiary
CBD Winery has received a purchase order for 100 cases of it's CBD
infused alcohol free wine.
Terms of the purchase order state that the
customer will purchase 100 cases at wholesale with the intention of
selling in the state of California. Each case contains 12 bottles
and has a Suggested Retail Price of $59.00 per bottle.
International Endeavors plans to expand production of CBD Winery in
the Temecula Valley Wine Country. CBD Winery is currently seeking
additional suppliers of alcohol free wine to meet the demand of its
CBD wine product.
The passage of the 2018 Farm Bill has legalized
hemp and according to company council has paved the way for CBD
infused alcohol free wine beverages. The wine is an alcohol free
red wine produced in Temecula Valley and infused with THC free
Company spokesman Barry Smith stated, "The
Company has been formulating a plan to bring CBD to market using
alcohol free wine as the delivery vehicle. The company plans to
scale operations to keep up with the surging demand for the CBD
Winery brand. Currently CBD Winery is able to produce approximately
500 cases per quarter using in house product and will be working
with various California wine growers to support excess demand.
International Endeavors Corporation is very excited at initial
demand of the product. We expect more product to be available in
the coming weeks."
With the launch of CBD Winery, International
Endeavors Corp (IDVV) has entered spaces being pursued by companies
such as Canopy Growth (CGC) and Constellation Brands (STZ). During
Constellation's conference call, an analyst asked whether the
company or Canopy might handle the potential sale of CBD beverages
if the 2018 Farm Bill passed. In response, CEO Rob Sands said: "The
answer is both."
Recently, Coca-Cola (KO) stated it was "closely
watching" the growth of CBD as an ingredient in wellness-themed
drinks. PepsiCo (PEP) said it had "no plans at this point" to
pursue CBD drinks but would look "very critically" at the
Molson Coors (TAP) in August said its Canadian
business would partner with a Canadian cannabis company to test out
cannabis-based beverages. Other big alcohol companies claim they're
watching the cannabis industry closely.
What is CBD Infused Wine
Cannabidiol (CBD) is one of the most prevalent
chemical compounds in the cannabis plant. Unlike the more widely
known molecule, tetrahydrocannabinol (THC), CBD is completely
Users of CBD do not expect to get "high" off of
this organic chemical, however, CBD is all relaxation without
While CBD still has an effect on your body,
consuming CBD by itself isn't going to send you on the cerebral
adventure associated with THC. For decades, medical professionals
and the general public overlooked CBD because psychoactive cannabis
took center stage.
In more recent times however, the medical
potential of CBD has taken cannabis to mainstream audiences.
Preclinical trials over the past four decades have found that the
cannabinoid shows promise as an:
CBD is often used by patients in the form of an
oil. Patients with more chronic conditions such as cancer and
epilepsy often use medical cannabis oil extracted from high-CBD
varieties of cannabis.
When infused in a high quality wine such as the
product IEC is bringing to market the experience is one of a
About CBD Winery
CBD Winery is a boutique winery based out of the
Temecula Valley Wine Country that focuses on the production of CBD
infused wine. For more information including pricing please visit
About International Endeavors Corporation
(OTC stock symbol: IDVV)
International Endeavors Corporation focuses on
building intellectual property and making equipment sales in the
medical marijuana and legal cannabis industry through the creation
of off-grid grow labs, biomedical devices, clean-energy solutions,
and patented devices. The company is also engaged in locating and
acquiring established companies, brands, and technologies. The
company's real estate portfolio includes commercial property,
agricultural land, and buildings.
Forward-Looking Statements are included within
the meaning of Section 27A of the Securities Act of 1933, and
Section 21E of the Securities Exchange Act of 1934, as amended. All
statements regarding our expected future financial position,
results of operations, cash flows, financing plans, business
strategy, products and services, competitive positions, growth
opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and other similar expressions are forward-looking
statements and involve risks, uncertainties and contingencies, many
of which are beyond our control, which may cause actual results,
performance, or achievements to differ materially from anticipated
results, performance, or achievements. International Endeavors
Corporation (IDVV) is under no obligation to (and expressly
disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Nate Engel, CEO
Email: [email protected]
SOURCE: International Endeavors
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