LOS ANGELES--(BUSINESS WIRE)--Tech Central (OTC:TCHC) ("TCHC") today announced it is developing an APP, “CBD Affiliate Marketer,” dedicated to the CBD Industry.
CBD products are among the hottest on the market right now. The passage of the 2018 Farm Bill has helped to pave the way for the CBD industry to grow in anticipation of full legalization of the cannabis plant. CBD sales have been soaring. Hemp-derived CBD alone was a $390 million market in 2018 and is expected to reach $1.3 billion by 2022 and that doesn't even include all the CBD products derived from other forms of cannabis.
A problem the CBD industry is facing is that it can be a difficult product to market due to outdated advertising restrictions in place by Facebook and Google. TCHC sees potential in providing affiliate marketers the knowledge needed to market CBD products the correct way to capitalize on the industry.
The CBD Affiliate Marketer APP will be useful both for seasoned and new affiliate marketers. It will feature training for all of the top social media platforms and provide members with the tools needed to increase the odds of running a successful campaign. Members will benefit from training and high commissions, CBD sellers will benefit from having exposure of their products, and TCHC will benefit from a fee CBD sellers will provide to have access to the APP. It is important to note that the affiliate program is NOT “MLM,” or Multi-level Marketing.
Company President Joseph Lewis stated, “We are excited to enter the CBD sector with this APP. Our official Beta Version will be announced shortly. We feel that by building a presence now that the Company can provide much needed content to the CBD / cannabis sector and position itself for potential acquisitions in the CBD / cannabis sector.”
About Tech Central
Tech
Central, Inc. (TCHC) was formed as a Media Company engaging in
online video and photography content development and distribution; and
website and mobile app technology integration design and development.
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. Tech Central Inc (TCHC) is under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
