Elev8 Brands, Inc. and 1 OAK Wholesale Come to Terms on Vape and Smoke Shop National Distribution Agreement
August 29 2017 - 9:42AM
InvestorsHub NewsWire
1
OAK Wholesale places first order of E-Juices and Tinctures to sell
nationally.
ROCKLEDGE, Fla., August 29th, 2017 (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 the company has come to distribution terms with 1 OAK
Wholesale for CBD-infused E-Juices and
Tinctures.
1 OAK Wholesale, found at www.1oakwholesale.com,
is one of the largest wholesale distributors for vape and smoke
shops serving over 1,000+ vape and smoke shops nationally. 1
OAK Wholesale provides turnkey products including electronic
cigarettes (E-Cigs), E-Liquid, vaporizers and glass
accessories.
Starting from a small location in Addison, IL, 1
OAK Wholesale recently expanded to a new 15,000 sq. ft.
warehouse. Just this month, the company attended Vape World
Expo in Miami, FL to support its’ national growth
initiatives. 1 OAK Wholesale boasts such competitive benefits
as first order discounts, price matching and free shipping for over
$500 orders.
The majority of 1 OAK Wholesale’s customers are
vape and smoke shop owners located in the Greater Midwest where the
Addison, IL showroom and warehouse is strategically located close
to expressways. Vape store owners can network and mingle with
other owners while stocking up on supplies for their
stores.
Elev8 Hemp LLC, which is a wholly-owned
subsidiary of Elev8 Brands, Inc. will provide the full line of CBD
E-Juices and Tinctures to 1 OAK Wholesale for sale at vape and
smoke shops across the country. Elev8 Hemp LLC products will be
available onsite for sale at competitive prices and of the highest
quality, Colorado grown, hemp-derived CBD. This is the first
major order from 1 OAK Wholesale and the companies are working on
expanded supplier agreements as the partnership
launches.
In addition to expanding CBD products into
national distribution with 1 OAK Wholesale the company believes
product expansion will ideally suit distribution for Elev8 Hemp
Coffee, CBD Coffee and the soon to be launch Elev8 Hemp Green and
Black teas.
Elev8 Brands, Inc. Chief Executive Officer Ryan
Medico stated, “This is a monumental step for our company that will
significantly expand our product reach, distribution, sales and
profits. Elev8 Brands is excited about taking the next step
in our aggressive growth phase. I am also very excited for our
sister company, Kona Gold Solutions (OTC Pink: KGKG), who has
locked in their first order through 1 Oak Wholesaler as well. Our
strategic alliance with Kona Gold has greatly increased our
opportunities. By utilizing each other’s resources, both companies
benefited and secured distribution.”
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. O2 Breathe carries CBD tinctures, CBD vape,
CBD lotions and message products. 02 Breathe is currently looking
to offer CBD at their oxygen bar.
www.02breathe.com
Please visit, www.elev8hemp.com for more information.
www.facebook.com/elev8hemp
www.instagram.com/elev8hemp
www.twitter.com/elev8hemp
Contact:
Ryan Medico
info@elev8hemp.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.
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