Elev8 Brands, Inc. Announces Release of New Hemp and CBD Products
February 09 2018 - 8:30AM
InvestorsHub NewsWire
Fourth quarter Sales from
Elev8 Hemp and Zoe CBD Up Over 30%
Orlando, FL -- February 5, 2018 -- InvestorsHub 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, E-juices, CBD Lotions and CBD Tinctures that target the health
and wellness markets, is pleased to announce three new Elev8 Hemp
Coffees and 300mg Zoe CBD Tinctures will be available by Friday of
next week.
Elev8 Brands is pleased to bring more variations from its popular
Hemp Coffee line. The Company will now be offering its coffee in a
Dark Roast, Espresso, and Chocolate Raspberry Truffle. The
Company’s Hemp Coffee line has been consistently selling out of
brick and mortar stores as well as online. Due to the high demand
for Elev8’s Hemp Coffee products, the Company’s management team
decided to increase the number of blends offered to allow Elev8
Brands to further grow its market share.
Zoe CBD sales have exceeded original expectations since its recent
product release. To provide a price point that’s appealing to all,
Zoe CBD has officially created their own 300mg Tincture to go along
with their 500mg and 1000mg. The 300mg tincture was created as an
entry level product to reach a wider variety of consumers. This
allows the company to introduce CBD products to consumers who
aren’t as familiar with the benefits and value of CBD.
Ryan Medico, CEO of Elev8 Brands, Inc., stated, “It is such an
exciting time introducing new products to market. As our sales
continue to increase at an accelerated rate, launching these new
products will be like adding fuel to the fire. We are all looking
forward to a fantastic year.”
Elev8 Brands has steadily increased their revenues over the year,
announcing an amazing fourth quarter with a thirty percent increase
in sales from hemp and CBD products. Both online sales as well as
brick and mortar sales have increased. To meet these increasing
sales The Company implemented marketing endcaps for approved
grocery locations, which has created additional product placement
as well as larger orders from the stores. Elev8 Brands has hired a
marketing company who will be doing samplings and promotions for
Hemp Coffee and Hemp Tea at all brick and mortar locations in
Florida throughout the year. The next promotion will be in its
Orlando location from 11am until 3pm on Saturday February 10,
2018.
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 and hemp
tea.
Please visit www.elev8hemp.com for more
information.
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. O2 Breathe carries CBD tinctures, CBD vape, CBD lotions
and massage products. 02 Breathe is currently looking to offer CBD
at their oxygen bar.
Please visit www.02breathe.com for more
information.
About Zoe CBD
LLC:
Zoe CBD is a wholly-owned subsidiary of Elev8 Brands, Inc. which
focuses on the development and marketing of CBD-based products such
as CBD Tinctures, CBD E-Juice, CBD Lotion and CBD
Salve.
Please visit, http://www.zoecbd.com for more information
www.facebook.com/elev8hemp
www.instagram.com/elev8hemp
www.twitter.com/elev8hemp
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.