Elev8 Brands, Inc. Acquires One Utopia, LLC
September 14 2018 - 8:30AM
InvestorsHub NewsWire
The
Company expands to three new locations
Orlando, FL -- September 14, 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, hemp tea,
hemp Cold Brew, CBD salve, CBD Lotions and CBD Tinctures that
target the health and wellness markets, is pleased to announce the
acquisition of newly formed One Utopia, LLC.
One Utopia, LLC will be the new name
for brick and mortar locations to sell products that 02 Breathe
currently sells such as essential oils, CBD products, salt lamps
and massage products to name a few. The company has recently signed
a one-year lease for a store location at 409 Delannoy Avenue, Cocoa
Village, FL. Cocoa village is a historic village that holds events,
shopping, dining and entertainment.
One Utopia is pleased to announce it
has purchased a brand-new mobile coffee trailer. This trailer will
be showcased in many of the events that 02 Breathe is currently in
around the Orlando, FL area. The Company plans to make specialty
hemp coffee drinks, matcha lattes, mushroom coffee and tea and an
array of beverages that offer additional health benefits. This new
mobile coffee trailer gives Elev8 Brands a presence its never had
before.
In addition, the Company has also
signed a three-year lease as a tenant of the Montrose Street Market
located at 793 West Montrose Street, Clermont, FL 34711. One Utopia
will be one of a few companies with its presence in this location
allowing for a lot of foot traffic.
L&P Cold Brew, LLC has officially
signed a lease with its roaster, Blessed Bean Coffee, LLC. This
location is over 6,000 square feet and will house L&P Cold Brew
and its assets. The new space gives L&P Cold Brew the ability
to handle distribution, a location for future equipment and
extensive storage capacity.
Elev8 Brands, Inc.’s CEO, Ryan Medico
stated, “We have a lot of moving parts right now and are very
excited about the growth. Getting product delivered up to Amazon
facilities in Canada and finishing up our audit is our highest
priority.”
In order to capitalize in on this
expansion, Elev8 Brands has officially hired a full time National
Sales Manager to handle account management as well as all new
accounts. The Company has plans to aggressively pursue trade shows
this year and now they have the staff to accomplish this
goal.
Medico concluded, “This new position
will allow the Company to grow at an exponential rate. We are very
pleased to have filled this role with an individual who is very
competent and carries an extensive sales background.”
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:Z
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
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:
Ryan Medico
info@elev8hemp.com