AppYea, Inc. Signs Exclusive CBD Infused Beverage Licensing Agreement with Prouty Company, Inc
February 14, 2019 at 06:00 am EST
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AppYea, Inc. announced that is has entered into an exclusive CBD infused beverage licensing agreement with Prouty Company, Inc. The CBD infused beverage product line in development is based on four categories which are energy, focus, calm, and sleep. These are known as functional beverages and are a brand-new class of product. CBD-infused beverages are expected to become a $260 million market by 2022. The global soft drink market, in another study, is forecast to grow at a CAGR of 5.62% through to 2021. CBD-based beverages are garnering all of the attention due to the recent headlines of Coca-Cola potentially getting involved in the space, but the reality is there are a number of CBD-based products that are already generating consistent and strong revenues on a daily basis. The CBD product market is already a $1 billion market and has staying power and is not anticipated to experience slowed growth at any point in the near future.
AppYea, Inc. is a digital health company, which is focused on the development of accurate wearable monitoring solutions to treat sleep apnea and snoring and fundamentally improve quality of life. The Companyâs business plan focuses on two principal devices and an App in development: DreamIT and DreamIT PRO, and SleepX PRO. DreamIT is a biofeedback snoring treatment wristband, combined with the SleepX App and this wristband uses algorithms designed by SleepX combined with sensors to monitor physiological parameters during sleep. DreamIT PRO is a wristband for the treatment of sleep apnea using biofeedback in combination with the SleepX PRO app. The algorithms of SleepX PRO, combined with the wristband sensors, monitor sleep apnea events and additional physiological parameters during sleep, and when necessary. SleepX PRO is a medical application that is used to monitor breathing patterns in sleep and identify sleep apnea episodes without direct contact with the user.
APPYEA, INC. 
