Pet Age Staff//December 11, 2019//
Pet Age Staff //December 11, 2019//
Press release: Honest Paws
Honest Paws announces their new partnership with American Distribution and Manufacturing Company (ADMC).
“As we continue to expand our retail footprint, Honest Paws is very excited to announce this new relationship. We know that ADMC has a very solid reputation within our industry and is very capable of presenting our brand to their vast retail relationships,” said Min Lee, co-founder and president of brand development.
The Honest Paws brand has seen tremendous growth both in their direct-to-consumer and B2B partnerships within the past 12 months and was seeking a partnership that could help support the continued growth. Lee said, “CBD brands within the pet space continue to evolve, and aligning with the right distribution partners such as ADMC gives us a competitive advantage by affirming Honest Paws as one of the leaders in the space.”
Cannabidiol (CBD) provided by organic full-spectrum hemp oil is reported by many to help animals much in the same way that it helps humans — through the endocannabinoid system (ECS). This system is made up of receptors in the body that regulate stress, mood, pain and inflammation. CBD binds to and activates these receptors, which may support the reduction in discomfort, improvement in mood and promotes healthy joints and mobility. CBD pet products are the fastest growing category within the pet space and represents a compound annual growth rate (CAGR) of 57 percent over the next five years.