Wanderport Corporation announced it is expanding its industry footprint with the addition of a quality line of hemp infused tea selections.
Wanderport Corporation (OTC:WDRP) announced it is expanding its industry footprint with the addition of a quality line of hemp infused tea selections.
As quoted in the press release:
Launching the product line with an initial two to three flavors, management plans to deliver top quality specialty hemp and CBD blends to the robust market of tea consumers.
As the second most widely consumed beverage worldwide, approximately 1.5 million pounds of tea is consumed in the US every day, creating a demand to import an average of 540 million pounds of tea to the US annually. This segment of the beverage industry is projected to reach $19 billion in the US by 2020.
“When combined with forecasts for CBD’s projected growth, it becomes evident that the premium infused tea sector of our operation has tremendous potential for significant growth, while single serving sized specialty coffee selections bring our distinct hemp and CBD coffee blends to a substantial convenience driven segment of the coffee industry,” stated Ty Cha, CEO of Wanderport Corporation.