Metatron Inc (OTCMKTS:MRNJ) announced that it made a new online retail platform called Smoke Shop and Gifts which will sell cannabidiol (CBD) products.
The new Smoke Shop and Gifts online store can be accessed through https://www.smokeshopandgifts.com/ and Metatron also plan to launch app versions for both iOS and Android. The apps will be made available on Google Play and iTunes sometime soon. The company will also offer a 10% discount to customers for their first time purchase. Customers can access this discount using the code “SSG10” in the checkout section.
The Smoke Shop and Gifts store is in line with the rapidly growing CBD market which analysts estimate will be worth $22 Billion in the next three or four years. They believe that by then it will perform even better than marijuana which has also been gaining traction fast due to legalization in various regions.
Legalization paved the way for hemp and CBD to gain popularity and traction
The U.S Farm bill was amended in 2018 allowing hemp to be declassified as part of the Controlled Substances Act. This newfound legal status allowed it to be legalized and this meant that consumers in the U.S could legally buy CBD products. Very many CBD-infused products have since then been developed, including oils, beverages, and even edible products. There are even medical products infused with CBD to tap into its medicinal properties.
Meanwhile, Metatron has been hard at work trying to tap into the digital market to make CBD easily available to customers. The company was the first to launch a CBD app on iTunes, and now it is planning to launch another app for the Smoke Shop and Gifts online store.
Smoke Shop and Gifts has been in existence since 2016, and its main goal is to provide the highest quality CBD and Hemp flower to customers for daily use. It has also worked hard to secure its hemp from specific farms that share a similar vision. The partnership between the company and the farms has allowed them to secure high-grade legal hemp.