Elev8 Brands, Inc. Expands Into
New Markets and Introduces Two New CBD Infused
Beverages
CBD Iced Tea and Iced Coffee Set to Make Record
Sales
ORLANDO, FL -- March
28, 2019 --
InvestorsHub NewsWire -- Elev8 Brands, Inc. (OTCQB:
VATE), a
holding company focused on commercial development of hemp and
cannabinoid infused beverages as well as an array of CBD topicals
and tinctures, announces the release of two new CBD infused drinks
and further expansion into the highly competitive United States
beverage market.
The
company's CBD products have made new forays into a variety of
marketplaces across the U.S. Recently, it has expanded its
influence to Vitamin Plus in Texas, 2
locations of Foodies Market in Massachusetts,
Seaside
Market in California, and 4-Way Market in Tennessee. As its
incredible sales team expands and grows revenues, Elev8 Hemp is
quickly entering new markets and increasing its brand recognition,
product awareness, and in-store demand.
Elev8
Hemp's first new product is a ready-to-drink CBD Infused Iced Tea
in a bottle. An initial run of 30,000 of the new
CBD Infused Iced
Tea will begin shipping out to retailers and customers by the
beginning of
April. The second new product is ready-to-drink CBD Infused Iced
Coffee in a can. An initial 30,000 unit run of Elev8 Hemp's CBD
Iced Coffee will start shipping in April. While preorders for the
CBD Iced Tea are currently available, CBD Iced Coffee preorders
will begin on April 5th.
Elev8 Hemp's CEO Ryan Medico
said, "We
are so excited to release these new products. We've had an
excellent reception from many distributors and customers who are
anxiously awaiting samples once the products are ready to ship.
Chex Finer Foods has already reached out from the CHEXPO
summer
selling event and plan to place their first purchase order by the
end of the month. We are expecting to have a record month in
sales."
Elev8 Hemp currently has orders
from 2 distributors and also has 4 other distributors
awaiting samples. On Elev8 Hemp's website, there was over
$1500 in revenue within the first 12 hours of availability,
showcasing the high demand that exists for these kinds of CBD
infused beverage products.
As the company undergoes its
year end audit, it can assure that revenues from 2018 exceeded $350,000. This
first quarter, the company is projecting over $100,000 before the
introduction of the highly anticipated ready-to-drink CBD infused
beverages.
Those interested in trying the
CBD Infused Iced Tea can preorder here. Those interested in learning
the benefits of hemp and hemp products a can learn more on Elev8
Hemp's website.
For further information about these two new products, contact Elev8
Hemp by calling (407) 377-6693 or emailing at Info@elev8hemp.com
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.
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.
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
our websites
for more
information.
www.elev8hemp.com
http://www.zoecbd.com
www.facebook.com/elev8hemp
www.instagram.com/elev8hemp
www.twitter.com/elev8hemp
www.02breathe.com
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.
Contact:
www.elev8hemp.com
(407) 377-6693
ir@elev8hemp.com