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OPENING THE CANNABIS FLOODGATES: Corey Mangold Explains the Unbelievable Potential of This Transitioning Market
Not everyone is aware of it yet, but we’re all living in a historical tipping point: the transition between a world where cannabis is taboo and one where people are free to experience its medical and recreational benefits. Society and investors can both prosper – and when you learn the facts surrounding cannabis legalization, you’ll be astonished to discover just how big this movement has grown.
There are swift and sweeping changes ahead of us, and Wealth Research Group interviewed a well-regarded expert for more insights into this fascinating market: Corey Mangold, a veritable encyclopedia of the cannabis industry and the co-founder of premier CBD and THC vaping product provider Orchid Ventures, Inc. (CSE: ORCD).
Orchid Ventures is headquartered in Irvine, California and owns Orchid Essentials, an award-winning cannabis brand with THC and CBD product lines that are currently sold in more than 250 dispensaries across California and Oregon. The company plans to expand the Orchid Essentials brand into new regions, such as Nevada, New York, Puerto Rico, Canada, and other global markets.
Courtesy: Corey Mangold
A highly successful serial entrepreneur, Mr. Mangold brings over 20 years of experience designing and developing compelling customer experiences across a wide variety of industries. His deep understanding of technology and design – and, of course, the emerging legalized cannabis market – allows him to provide a unique perspective to the Orchid Essentials brand.
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To get the full picture of what’s ahead of us in the cannabis market, Wealth Research Group asked Mr. Mangold about his vision for the future as America moves quickly towards full legalization. According to Corey Mangold, once cannabis is removed from the Schedule I (federally illegal) classification, this will open the doors to full-scale medical studies and clinical trials to unlock the full potential of this misunderstood plant.
When that happens, we’ll learn a whole lot more about what cannabis can do, including medical applications we’re not even aware of yet. There will also be an explosion in adult recreational cannabis consumers – especially those who want premium-quality cannabis products and accessories, as today’s consumers are more mindful and quality-oriented.
Courtesy: Corey Mangold
Interestingly, according to Corey Mangold, the biggest demographics for this market are actually baby boomers. This generation of consumers is increasingly choosing to relax with cannabis products instead of a glass of wine; they’ve had enough of hangovers and kidney/liver problems and prefer the health benefits associated with legal and regulated cannabis products.
As Mr. Mangold sees it, America will need to adopt full federal decriminalization of cannabis in the near future if it is to remain competitive in this industry. Other countries are getting aboard the cannabis revolution, and America’s economy cannot afford to lag behind other nations in the race to capitalize on the potential revenue stream from legal cannabis sales.
We can certainly say that Corey Mangold is doing his part to help put America on the map as a leader in the cannabis product trade. Looking at the state of the cannabis vaporizer market, Corey knew that the baby boomer generation wanted better, cleaner, more efficient vaping products – no more using a messy bong like people did 20 years ago.
Courtesy: Corey Mangold
According to Corey Mangold, he built the Orchid brand to be the best on the market. Indeed, he won four advertising awards for Orchid Essentials within the first year. The sales of Orchid’s vaporizers were so intense that he knew it was time to take the company to the next level with a public offering on the Canadian Securities Exchange.
It’s a very bullish sign for this company: brand loyalty is strong and the reorder rates are constantly growing for Orchid products. Plus, the number of stores carrying Orchid products is increasing – there are more than 300 stores already, and that number is projected to grow very soon.
I assure you that Mr. Mangold pulled absolutely no punches during our conversation – you’ll be amazed at the raw truths and valuable information in Wealth Research Group’s full interview. Along with the interview, you’ll definitely want to visit OrchidEssentials.com to learn even more about this outstanding company and their best-selling premium cannabis product offerings.
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Legal Notice: This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
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