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Eurolife Brands, CA29876F1062

Eurolife Brands, CA29876F1062

26.11.2019 - 09:02:45

EuroLife to Launch Hemp Cigarette Brand 'HANF SWISS' for European Market

DGAP-News: Eurolife Brands

/ Key word(s): Miscellaneous

EuroLife to Launch Hemp Cigarette Brand 'HANF SWISS' for European Market

26.11.2019 / 09:00

The issuer is solely responsible for the content of this announcement.

and terpenes."

A recent industry report from Research and Markets suggests the global cigarette market will be valued at an estimated US $1,124 billion by 2024, and is expected to grow at a 4% CAGR over the next five years. With the recent marked increase in cases of health problems associated with electronic cigarette and vaporizer use, natural hemp cigarettes afford consumers another modality of ingestion from which to choose. Further, according to data from Brightfield Group, a survey of more than 5,000 CBD users found that 24% have used CBD to quit smoking and replace cigarettes with smoking hemp or vaping. Additionally, according to the same report, 41% of quitters have replaced tobacco entirely with hemp CBD. The growing availability of hemp cigarettes in cannabis friendly jurisdictions, like Germany and much of the European Union, will likely see the dried and smokable hemp flower market continue its impressive growth trajectory.

About EuroLife Brands Inc.

EuroLife Brands (CSE: EURO) (FSE: 3CMA) (OTC PINK: EURPF) is building a vertically integrated enterprise focused on the pan European hemp, cannabinoid, and health & wellness sector.

For additional information:

Contact: ir@eurolifebrands.com or visit EuroLifeBrands.com

No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Issuer's future plans, objectives or goals, including words to the effect that the Issuer or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. For a description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the Company's Management's Discussion and Analysis and other disclosure filings with Canadian securities regulators, which are posted on www.sedar.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50102

Click on, or paste the following link into your web browser,to view the associated documents

http://www.newsfilecorp.com/release/50102 News Source: Newsfile

26.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: Eurolife Brands

Canada ISIN: CA29876F1062 EQS News ID: 921637   End of News DGAP News Service

921637  26.11.2019 

@ dgap.de