GenTech Announces Location for Second CBD Infusion Café in Trendy Jersey Shore Hotspot
July 17 2019 - 8:30AM
InvestorsHub NewsWire
GenTech Announces
Location for Second
CBD Infusion Café
in Trendy Jersey
Shore Hotspot
NEW YORK, NY -- July 17, 2019
-- InvestorsHub NewsWire -- GenTech Holdings, Inc. (OTCMKTS:
GTEH) ("GenTech" or the "Company"), an
emerging leader in the high-end CBD food and drinks marketplace,
is excited to announce plans for the establishment of its
second
CBD-infusion Café location in Red Bank, NJ. Located along the bank of the
Navesink River in Monmouth County, Red Bank is a vibrant tourist
destination with a demographic profile that mirrors the Company's
overall strategy of focusing on trendy, progressive, and affluent
areas with high regional foot traffic.
"Red Bank fits our strategy to
a 'T'," commented David Lovatt, CEO of GenTech. "We have been aggressively
hunting for a perfect spot to nail down our second location, and
Red Bank offers us a perfect solution. Montclair – the location of
our first Café – and Red Bank share much in common. And all of it
works to our advantage as we effectively invent a new approach to
this booming cultural trend. This is about providing consumers with
an experience that taps into their readiness to adopt and celebrate
a progressive attitude toward their own well-being."
The New York Times described Red Bank
as a "Jersey Town with an Urban Vibe" in a recent
article,
highlighting its unique chemistry of rustic charm, independent
merchants, and trendy dining establishments.
Management notes
that its own due
diligence on Red Bank left the Company with
a strong impression
of a wealthy suburban haven for progressive professionals supported
by 21st century industries along with a
strong regional and interstate tourism dynamic. The upshot is
robust foot traffic and consumer patterns that line up extremely
well with the Company's core strategy. GenTech plans to stage a grand opening
in Q4 2019.
"We are more confident every
day that we have tapped into a theme that will change the game for
the CBD boom," continued Mr. Lovatt. "This isn't just about a
molecule. This is about a lifestyle. It's the idea that you can
enjoy treating yourself well and do it with friends at a public
place with live music and interesting food and
drinks. It's
about sharing wellness. We are very happy to bring this revolution
first to Montclair, next to Red Bank, and then to the rest of the
country, from coast to coast."
About
GenTech Holdings, Inc.
GenTech Holdings, Inc. is a publicly
traded company under the symbol
GTEH. The company is creating a national chain of Hemp Centric
Coffee Shop Retail Spaces where patrons can relax, drink CBD
infused Teas and Coffees, try various own-brand products and
experience holistic education and classes. The company
is also building an extensive outreach program working with medical
practitioners across the country in their own locations to educate
their patients and increase awareness of the benefits of THC free
CBD Products. All of this is offered under the brand 'The Healthy
Leaf'.
Forward-Looking Statements
This press release
may contain forward-looking statements, including information about
management's view of GenTech, Inc.'s future expectations,
plans and prospects. In particular, when used in the preceding
discussion, the words "believes," "expects," "intends," "plans,"
"anticipates," or "may," and similar conditional expressions are
intended to identify forward-looking statements. Any statements
made in this news release other than those of historical fact,
about an action, event or development, are forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors, which may cause the results
of GenTech, its subsidiaries and concepts
to be materially different than those expressed or implied in such
statements. Unknown or unpredictable factors also could have
material adverse
effects on GenTech's future results. The
forward-looking statements included in this press release are made
only as of the date hereof. GenTech cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, GenTech undertakes no obligation to
update these statements after the date of this release, except as
required by law, and also takes no obligation to update or correct
information prepared by third parties that are not paid for
by GenTech.
Corporate
Contact:
invest@gentech.group
www.gentechholdings.com
Press &
Media Inquiries:
EHC Branding Agency
Info@EHCBrandingAgency.Com
(626) MJ-BRAND
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