Dutch Gold Enters Bottled Beverage Market
Plans to Introduce Hemp Flavored Teas Infused with
Cannabidiols
ATLANTA, GA July 15, 2014--
Dutch Gold Resources, Inc. (DGRI.OTC) (the “Company”)
(
http://dutchgoldinc.com) today announced that it has
formed a subsidiary, Ascendant Beverages, Inc. (ABI), to produce
hemp flavored teas, with and without Cannabidiols (CBD), and
bottled waters. The Company has secured the rights to the
flavoring/ingredient profiles of over a dozen beverages and will
begin manufacturing product during August of 2014.
CBD-infused water will have all the advantages of traditional pure
spring water plus the added health and wellness benefits of CBD.
The beverages will be marketed throughout similar distribution
channels as bottled drinking water at retail and grocery outlets,
and will leverage the MMJ distribution network that is building for
its’ Potency Testing Kit.
CBD has shown positive as described in the United States Health
Department Patent # 6,630,507 results with Parkinson's disease,
HIV, Down's Syndrome, Crohn's disease, Rheumatoid Arthritis,
Diabetes, Post Heart Operation and Heart patients, including high
blood pressure, Alzheimer's and many other conditions. CBD has been
shown to be a natural T-cell enhancer. For further information on
CBD see
http://en.wikipedia.org/wiki/Cannabidiol.
In 2010, sales of tea and ready-to-drink (RTD) tea increased 5.1
percent, reaching $4.3 billion in food, drug, convenience stores
and mass merchandisers, excluding Walmart, according to Mintel’s
July 2011 “Tea and RTD Teas – U.S.” report. Canned and bottled tea
as well as refrigerated RTD tea drove growth in the category, the
Chicago-based market research firm reported. According to
www.BottledWater.org, sales of bottled waters exceeded
$11 billion for the same period.
The formation of Ascendant Beverages, Inc. signals the Company’s
intention to build an additional revenue line that can be grown
organically, where the Company has also identified multiple
opportunities for expansion through acquisition. “As we
have looked at business plans for companies that are seeking growth
capital, we continue to find business niches inside the MMJ sector
that are potentially positioned for significant growth. We
think the beverage sector demographics are quite favorable.
Further, the data on CBD continues to generate interest from both
established marketers and the scientific community,” said Daniel
Hollis, CEO of Dutch Gold Resources, Inc.
The near term focus of the Company is to introduce quality products
offerings into the MMJ sector that can drive value for retailers,
consumers, while generating revenue and potential earnings for
shareholders. The Company plans to complete the development
of its initial two hemp-flavored teas and begin shipping product
during Q3 2014.
Forward-Looking Statements
This press release contains forward-looking statements that reflect
the Company's current expectation regarding future events. Actual
events could differ materially and substantially from those
projected herein and depend on a number of factors. Certain
statements in this release, and other written or oral statements
made by Dutch Gold Resources, Inc. are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. You should not
place undue reliance on forward-looking statements since they
involve known and unknown risks, uncertainties and other factors,
which are, in some cases, beyond the Company's control and which
could, and likely will, materially affect actual results, levels of
activity, performance or achievements. The Company assumes no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. Important factors that could cause actual
results to differ materially from the company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the company from time to time with the United States Securities
and Exchange Commission and other regulatory authorities.
For further information, please see
www.DutchGoldInc.com or please contact Daniel Hollis,
CEO of Dutch Gold Resources, Inc. at 404-981-7424.