Company CBD Products in Test Run with Wholesaler
Rockledge, FL (GLOBE NEWSWIRE) -- Elev8 Brands, Inc. (OTC Pink:VATE), a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, and E-juices, which target the health and wellness markets, announces it has placed an order with its roasting and packaging partner for the first ever single-serve CBD infused coffee packets.
Chief Executive Officer Ryan Medico stated, “Our participation in this month’s international Coffee Fest Trade Show not only re-affirmed demand for our hemp coffee, but also the demand for CBD-infused coffee. We intend to leverage the commercial scale of our roasting and packaging capabilities to be the leader in CBD coffee production both in the Elev8 Hemp brand and private label.”
CBD is one of the 85 known cannabinoids found in the cannabis plant. Cannabinoids have been clinically proven to aide with pain relief, anxiety, inflammation, psoriasis, PTSD and a number of other physical and mental ailments. Elev8 Hemp’s CBD is extracted from Colorado-grown hemp, is 100% THC-free, non-psychoactive, and legal in all 50 states.
The company will be the first to launch CBD coffee in exactly dosed single-serve packets which will enable the consumer measure the exact amount of CBD per serving. Medico continued, “Over half the country drinks at least one cup of coffee per day. Adding your daily dose of CBD in our coffee makes it easy to get your exact preferred daily dosage.”
Elev8 Brands, Inc. is currently testing its hemp coffee and CBD products in two brick and mortar vape stores for evaluation by a wholesaler that serves over 70 locations. Medico stated, “We have received excellent feedback from customers at our test locations and are working towards a longer term higher volume contract. We look forward to updating shareholders on our progress and secured contracts.”
About Elev8 Brands, Inc.:
Elev8 Brands, Inc. specializes in the development and marketing of products for the fitness and wellness markets. The company is founded based on creating high-quality, sustainable, products for health-conscious consumers.
About Elev8 Hemp LLC:
Elev8 Hemp LLC is a wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on the development and marketing of hemp-based food, beverage, and health care products including hemp coffee, hemp water, and hemp-based skin care products.
About 02 Breathe LLC:
02 Breathe is a wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on their oxygen bar while bringing in an array of CBD products. 02 Breathe carries CBD tinctures, CBD vape, CBD lotions and message products. 02 Breathe is currently looking to offer CBD at their oxygen bar.
About Hemp Founders LLC:
Hemp Founders is a wholly owned subsidiary of Elev8 Brands, Inc. which focuses on reselling and white labeling of existing hemp and CBD product. Elev8 Hemp access to some of the best extractors and manufacturers in the industry resulting in a plug and play experience for those wanting to create their own brand.
Please visit, www.elev8hemp.com for more information.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
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SOURCE: Elev8 Brands, Inc.