Emerald Organic Products Completes Successful Hand Sanitizer Product Pilot

Emerald Organic Products to Continue Research and Development of its Innovative Hand Sanitizer to Disrupt $2.7 Billion Industry

Holbrook, NY, April 30, 2020 (GLOBE NEWSWIRE) -- Emerald Organic Products, Inc. (OTC: EMOR) (the “Company”, "Emerald", "Emerald Organic", or "Emerald Organic Products") a diversified health sciences and technology company, is pleased to announce that the Company has successfully completed its product pilot for NxGen Hand Sanitizer (the “Product Pilot”), selling out thousands of bottles within one week of launch. 

“The great reception we received from the market for our NxGen hand sanitizer Product Pilot tells us that we are in the right sector, with the right product,” commented Ian Parker, Chief Executive Officer of Emerald Organic Products. “We know now that Emerald will be aggressively pursuing this important and timely market opportunity.”

According to a recent report from Grand View Research (the “Grand View Research Report”), the global hand sanitizer market was valued at $2.7 billion USD in 2019, with certain segments of the market estimated to grow at a compound annual growth rate (“CAGR”) of over 20%.

“Given the current state of public health in the United States and around the world, sanitization products are rapidly becoming adopted as a new mainstay within the personal health and hygiene categories,” continued Ian Parker. “Building upon the Product Pilot, Emerald Organic Products intends to initiate further sanitizer research and development in efforts to disrupt an otherwise dormant product category.”

Alarming results cited within the Grand View Research Report showed that 23% of the population covered in a survey claim to not to use hand sanitizer products.

“The estimated 23% of people that do not use hand sanitizer products pose a potential risk to public health. As public health officials continue to deal with the COVID-19 pandemic, increased education and awareness surrounding proper hand hygiene is of the utmost importance,” added Ian Parker. “In trying to restrict the spread of coronavirus, hand hygiene is quickly becoming an increasingly important pillar of personal care for many people.”