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Fast-growing HERBAN PLANET Looks to Buy 10 Cannabis Companies in 2019

Fast-growing HERBAN PLANET Looks to Buy 10 Cannabis Companies in 2019

Herban Planet starts 2019 with major acquisition plans

PR Newswire

PHOENIX, Jan. 08, 2019 /PRNewswire-PRWeb/ — Thanks to strong organic growth in 2018, HERBAN PLANET has become a guiding force for retailers, consumers and even just those eager to learn more about cannabis online. Now the company is poised to expand exponentially, with plans to add ten new web-based, content-driven companies to its portfolio in the coming year.

After partnering with Voice Media Group (VMG) in 2018, HERBAN PLANET realized the growth benefits of joining forces with likeminded companies. This planted the seed for what is now a unique opportunity for ready-to-boom cannabis brands.

“It is a very exciting time right now in the cannabis industry and as the market continues to expand we will be there covering every move,” said HERBAN PLANET founder and chief executive officer Babak Motamedi.

An October 2018 Gallup Poll revealed that support for cannabis in the U.S. is at an all-time high, with 66% of Americans in favor of legalization. Thirty-three states and Washington, D.C. have some form of medical marijuana laws on the books and ten states plus D.C. allow for the recreational use of cannabis for adults ages 21 and up. Now that Canada has also legalized recreational use, an unprecedented number of new consumers are expected to flood the market in 2019.

HERBAN PLANET entered what was already a crowded cannabis sector in 2016 but quickly ascended to become an authoritative source for shopping, education, and event planning in the industry. The company’s cost-effective platform allows cannabis businesses to organically grow their reach and efficiently engage with customers.

Now powered by one of the nation’s most well-respected media organizations in VMG, HerbanPlanet.com has seen rapid growth in its dedicated userbase as well as its impressive database of dispensaries, medical professionals, and other industry contacts. That means companies who merge with HERBAN PLANET can expect to see significantly more exposure for their brands.

Motamedi said he’s eager to hear from companies who want to become part of the HERBAN PLANET family. “Finding intriguing companies won’t be a problem,” he added, “but narrowing them down to just ten may be a challenge.”

Brands featuring compelling digital content that are interested in acquisition are asked to provide a one-page executive summary of the business for consideration via email to info@herbanplanet.com


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