NextEvo Naturals Offers 2022 Operational Highlights; On Track to Achieve Over 300% Sales Growth in 2023
Conshohocken, PA - (NewMediaWire) - December 19, 2022 - NextEvo Naturals (“NextEvo™” or the "Company”), a premium supplement brand focused on revolutionizing the delivery of nutritional compounds, announced today its company growth, expansion highlights and impactful CBD research findings in 2022.
With NextEvo Naturals seeing an increase in sales, subscriptions and presence in new US markets, the Company looks forward to the opportunity to expand both their e-commerce business as well as their presence in new US markets as demand for safe, high-quality CBD products increases. NextEvo Naturals has seen a 32% increase in sales month over month in 2022 as well as a significant increase in new subscriptions and 35%+ rate of repeat customers.
NextEvo has also seen great success in their research and development programs through their most recent pharmacokinetics study that was conducted in conjunction with Colorado State University’s Department of Health & Exercise Science, where NextEvo’s novel water soluble cannabidiol (CBD) ingredient showed significantly increased bioavailability in humans when compared to CBD isolate and oil-based formulations.
“We saw a large amount of revenue growth in 2022, primarily in our e-commerce sales and investment in high quality new products where there is growing demand for high-quality CBD products that are easily absorbed by the body,” said John McDonagh, President and Chief Executive Officer of NextEvo Naturals. “The company was also proud to review the results of its CBD absorption study with Colorado State University, and to have increased our new subscriptions and repeat customers. This is just the beginning for NextEvo; we have laid the groundwork for a very successful, growing business in one of the fast-growing US industries – and the future is looking very bright.”
The Company also increased their e-commerce business in their two largest markets, New York and Texas, setting up strong momentum, where the company is poised to grow sales YOY by over 300% in 2023.
Operating Highlights for 2022 Included:
- To kick off 2022, NextEvo Naturals launched their nutritional supplement delivery platform and line of optimized CBD products
- The brand announced the launch of their premium pure cannabidiol (CBD) gummies with hemp extract in March 2022
- NextEvo acquired the Caliper CBD dissolvable powder brand and rolled it into their extensive product portfolio
- NextEvo partnered with Amazon to launch their Ashwagandha Stress Reset gummies, establishing brand presence on one of the largest online retailers in the world
- NextEvo launched CBD Stress Complex gummies, combining their SmartSorb CBD with a potent form of Ashwagandha which quickly became a best seller for the company
- NextEvo shared the results of a CBD study conducted in partnership with Colorado State University showing increased bioavailability and no negative liver function effects.
- The company announced the launch of their Revive CBD Complex, combining a highly absorbed curcumin with the company’s proprietary Smartsorb delivery technology and made with 100% US grown hemp
- Had a record sales month in November with its first Black Friday and Cyber Monday promotional event
Key Press Highlights for 2022 Included:
- Daily Advent - NextEvo Naturals Uses Technology to Increase CBD Bioavailability by 400%
- Nutritional Outlook - Former Johnson & Johnson scientists launch highly bioavailable CBD delivery system
- Benzinga - Does CBD Have To Be Water Soluble? One Group Of Scientists Say Yes For Better Absorption
- Haute Living - 10 Up & Coming Companies To Know & Follow In 2022
- NutraIngredients NutraCast - NutraCast: Improving CBD bioavailability with SmartSorb delivery technology
- Cannabis Wealth - How two former heads at Johnson & Johnson are bringing a science-based approach to CBD
- The Zoe Report - Need To Boost Your Mood? Try One Of These Supplements
- Pain News Network - Nearly Half of CBD Oils are Mislabeled
- Forbes - New Study Suggests Water-Soluble Cannabidiol Products Provide Best CBD Absorption
- Yahoo! - NextEvo Naturals Introduces New CBD-Ashwagandha Gummy To Reduce Stress
- NutraIngredients USA - NextEvo launches Revive CBD Complex Curcumin and Hemp Extract
- Healthcare Business Today - NextEvo Naturals CBD Formulations Show Increased Bioavailability and no Negative Liver Function Effects in PK Study Results Conducted in Partnership With CSU
- Leaf Retailer - New Study Reveals Key Benefits in Water Soluble CBD
- Cannabis Health - What is water-soluble CBD, and why is it more effective?
- WestWord - CSU Study Shows CBD Is More Effective in Water-Soluble Form
Looking ahead into 2023, NextEvo Naturals will be further expanding their research and development programs as well as their product offerings based on their evidence backed CBD research.
About NextEvo Naturals
NextEvo Naturals is a premium supplement brand that has found a new way to revolutionize the delivery of cannabidiol (CBD) and other nutritional compounds by creating formulations that increase the compound’s potential benefits and consumer value. Led by medical professionals and former scientists from large reputable companies such as Johnson & Johnson, GlaxoSmithKline, and Schiff Nutrition, NextEvo Naturals aims to bridge the gap between the many current low-quality CBD offerings on the market and the future of CBD supplements with proprietary technology and evidence-based data.
FOOD AND DRUG ADMINISTRATION (FDA) DISCLOSURE
These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.
PUBLIC RELATIONS CONTACT
Cassandra Dowell, CMW Media