Elev8 Brands, Inc. Begins Production of New CBD Bottled and Canned Beverages
January 04 2019 - 8:30AM
InvestorsHub NewsWire
Elev8
Brands, Inc. Begins Production of New CBD Bottled and Canned
Beverages
The
Company hires full time sales executive
ORLANDO, FL -- January
04, 2019 -- InvestorsHub NewsWire -- Elev8 Brands, Inc. (OTCQB:
VATE), a holding company focused on the commercial development
of hemp and CBD-based products, is pleased to announce its
manufacturing of its new CBD Iced Tea and CBD Iced Coffee is
underway.
The Company worked diligently in developing formulas as well as
labeling for its new product lines. Elev8 Brands all new CBD Iced
Tea and CBD Iced Coffee ready to drink beverages are primed to be a
leader in this Ready to Drink market sector. According to Beverage
Industry, U.S. tea and RTD tea category retail sales totaled
$7.8 billion in 2017, up almost 4 percent compared to the previous
year. Refrigerated RTD teas accounted for about 75 percent of
category sales, it added. (Link to article) . 52 percent of
those who identify themselves as tea drinkers also drink coffee and
43 percent of self-identified coffee drinkers also drink tea.
Within the workplace, 44 percent of tea drinkers choose the
beverage to “break up the day.” (Link to article) .
CEO of Elev8 Brands, Ryan Medico, stated, “We are so pleased to
have these products moving into production. This couldn’t have been
finalized at a better time. The labels look amazing and we will be
placing them on social media very soon. For the last few months,
our team, vendors, and partners have been working hard to bring the
vision of CBD Iced tea and CBD Iced Coffee, to market and we have
created an amazing product that will be the leader in this market
sector”
The Company is also pleased to fill its full-time sales position at
its home office in Orlando, FL. The addition of Darcie Ham to the
sales team brings fifteen years of experience in the beverage
industry. Darcie has extensive knowledge and experience with
obtaining new business, new product expansion, product placement
and merchandising. She is seasoned in the grocery space and has fit
in great with the Company.
Medico concluded, “Darcie has been an amazing addition to our team.
We have already seen an increase in sales over the few short weeks
she has been working with us. With her connections that she brings
to the table, Darcie has scheduled meetings with four new
distributors so far. With new laws in place as of January 1, 2019,
we are experiencing very positive changes in the perception of CBD
and can’t wait to provide all of our current and future customers
with our new CBD beverage line. We now have our bank providing
online merchant processing for CBD, which is a huge change for our
industry. Elev8 is perfectly positioned going into 2019.”
About Elev8 Brands, Inc.:out 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, 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.