CBD food and beverage market value in the United States in 2025. By 2025, the CBD food and beverage market in the United States is expected to be valued at 2.65 billion U.S. dollars. CBD-infused beverages are projected to make up 64 percent of that market, at a value of 1.7 billion dollars.

West Coast Ventures Group Corp. (OTCMKTS: WCVC) From company filings - https://bit.ly/34z0QvK --

CARES Act

The Coronavirus Aid, Relief and Economic Security Act (the "CARES Act") was enacted on March 27, 2020. There are several different provisions with the CARES Act that impact income taxes for corporations. While we continue to evaluate the tax implications, we believe these provisions will not have a material impact to the financial statements. https://bit.ly/34z0QvK

Additionally, the Company has applied for, and in April, 2020 received, funds under the Paycheck Protection Program (the "PPP Loan") after the period covered in these financial statements in the amount of $298,700. The receipt of these funds, and the forgiveness of the loan attendant to these funds, is dependent on our having initially qualified for the loan and qualifying for the forgiveness of such loan based on our future adherence to the forgiveness criteria. https://bit.ly/34z0QvK

The PPP Loan has a two-year term and bears interest at a rate of 1.0% per annum. Monthly principal and interest payments are deferred for six months after the date of disbursement. The PPP Loan may be prepaid at any time prior to maturity with no prepayment penalties. The promissory note issued in connection with the PPP Loan contains events of default and other provisions customary for a loan of this type. The PPP Loan is being used to retain our employees, as well as for other permitted uses under the terms and conditions of the PPP Loan. https://bit.ly/34z0QvK

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