Report: $1 Billion Potential Revenue with Green High-Tech Wearables

Proving once again that green tech is a magnet for green paper, OLIVEDA International, Inc. sees a big market for eco-friendly wearables.

The company has just announced it’s projection which calls for a potential global market for its unique green-tech wearables products of up to 10 million users and potential revenues up to $1 billion.

The wearable market is just one of the revenue streams derived from OLIVEDA’s olive tree based products, the company says.

Based on the potential worldwide homeopathy market of over 150 million users, a modest 2%, or 3 million people, purchasing OLIVEDA’s wearables — wristbands called “Olives” — would result in potential annual revenues topping $1 billion. Projected wearables revenues are based upon the purchase of additional olive trees, which the company has previously announced its intention to do.

As highlighted in a recent article in Olive Oil Times, the international publication of record for the sector, olive oil and leaf extract are the main ingredients in the OLIVEDA products.

“OLIVEDA’s olive trees also produce extra virgin olive oil which is sold for approximately $48 per liter. The company expects to continue expanding its olive tree holding with the purchase of additional groves in the 2017 calendar year,” the report summary notes.

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