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Peerless CannaBrands Limited has further strengthened and formalized its business relationship with Peerless Canna Processing, LLC.
Vancouver-based Peerless CannaBrands has identified Peerless Canna Processing, located in St. Louis Missouri, as a preferred supplier of key ingredients and intends to utilize Peerless Canna Processing’s unique technology, processes, formulations, knowledge and know-how relating to its hemp and cannabis extraction and infusion technology for its portfolio of consumer-packaged goods.
Bruce Leitch, President of Peerless CannaBrands, stated: “The two entities have been working jointly for approximately one year to better define and exploit the opportunities that currently exist in the functional beverage category and to develop for market introduction superior CBD infused product offerings. Peerless CannaBrands has an outstanding opportunity to build national CBD and THC brands selling in multiple consumer verticals. We believe that if we deliver an exceptional experience the rest will take care of itself.”
Peerless CannaBrands, formed to exploit significant emerging opportunities currently existing in the health and wellness market, particularly pertaining to CBD and THC infused ingestible and topical consumer products, will work in tandem with Peerless Canna Processing to develop a portfolio of consumer-packaged goods, with a particular emphasis on the beverage sector, to market throughout Canada and the United States along with several export markets.
In North America, the cannabis beverage market alone is forecast to grow from US$915 million in 2021 to US$19 billion by 2028, according to a report by Fortune Business Insights.
Peerless CannaBrands, with significant experience in the CBD/THC category and the necessary commercial relationships to drive distribution and sales of cannabinoid infused consumer packaged goods, plans to leverage the brand awareness created by the functional beverage’s superior ingredients, features and benefits to create a line of CBD, THC and hemp derived infused food and supplements, featuring a range of unique cannabinoid formulations, based on Peerless Canna Processing’s production processes.
Founded on the belief that “Better ingredients make for better products”, and a mission to be a trusted manufacturer by providing consumers with an exceptional experience through its portfolio of high-quality differentiated brands and innovative products, Peerless CannaBrands enters the functional beverage space focused on consumers curious about how the key benefits of CBD-dominant content, with a mild dose of THC, can deliver the ultimate health and wellness experience.
Jeff Koenigs, President and CEO of Peerless Canna Processing, added: “Craft processing of cannabis into unique and proprietary cannabinoid ingredients allows us to focus on development of a functionally superior product with features, attributes and services that are better or relevantly different from the competition. Setting a new standard for cannabinoid infused beverages that deliver an exceptional consumer experience will define our competitive advantage.”
Peerless Canna Processing uses proprietary extraction, refinement, purification, and separation technologies to produce unique and proprietary phytocannabinoid ingredients.
Peerless Canna Processing’s significant R&D work has identified the best technologies for infusing cannabinoids into beverages and utilizes their proprietary cannabinoid ingredients to formulate differentiated white label, private label, and branded consumer products that taste better and feel better.
Peerless defined as “Purity, Potency, and Quality second to none” has expertise in cannabinoid separation through chromatography, and a Management Team with more than 200 years of pharmaceutical processing industries experience, with a focus on purity, potency, efficacy, quality, safety, consistency, and lower production costs.
Peerless Canna’s trademarked slogan: “Nature perfected it. Our process delivers it.”
For more information about Peerless CannaBrands, please contact Bruce Leitch, President at 604-802-1102 or email bruceleitch@hotmail.com.
For more information about Peerless Canna Processing, please visit the company’s website www.peerlesscanna.com, contact Jeff Koenigs, President and CEO, by email at jkoenigs@peerlesscanna.com.
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