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Peak Pharma Sells Out of MaxCBD Canna-Biscuits in Under 72 Hours

Ryan Allway

April 13th, 2015

News, Top Story

[stockchart symbol=PKPH]

Peak Pharmaceuticals Inc. [stockquote symbol=PKPH], developer of non-prescription cannabinoid products for animals, announced today that its MaxCBD Canna-Biscuits sold out less than 72 hours after its recently announced trial launch. After producing a limited amount to test the market, management is now confident that it can scale up production and add the product as a regular part of its line-up.

“We felt a small production run was the best way to assess consumer interest, and given the response, we want to assure our customers that new product will be available as quickly as possible,” said Peak Pharmaceuticals Inc. CEO Soren Mogelsvang. “A quality product, such as these biscuits, requires a few short weeks to deliver” and also notes “Attention to quality is a hallmark at Peak Pharma, and an integral part of the process aimed at bringing new human products to market later this year.”

Manufacturing of additional inventory is already underway, according to the company’s press release. While the initial success of this new product is certainly bullish for business moving forward, earlier this month, the company also announced that that many of its products are now available on Amazon.com – the world’s largest online retailer. It is presumed that this latest product will shortly enjoy equal availability including online sales via the Canna-Pet website and through select retail locations.

MaxCBD Canna-Biscuits are made in the U.S. with 100% organic, non-GMO, human-grade food ingredients. With a formulation delivering the entire cannabinoid profile of hemp, including CBD, the bite-sized treats are easy to administer at home or on the go. The company now offers six different types of biscuits and seven different capsule products designed for pets.

The company’s goal is to leverage its experience in veterinary products to ultimately produce hemp-based CBD products for humans. Management believes that the MaxCBD launch and the success of its other product lines has positively impacted its timeline for testing and launching its first hemp-based product for humans before the end of the year – a move that could catalyze the stock moving forward.

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.

Disclaimer: Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

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About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

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