Business
Elev8 Brands, Inc.’s Hemp Coffees and Teas Surpass 93% Growth In Brick and Mortar Sales
Elev8 Brands, Inc.’s Hemp Coffees and Teas Surpass 93% Growth In Brick and Mortar Sales.
About this update from Branded Legacy Inc.
[{"type":"text","content":"ORLANDO, Fla., July 24, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on commercial development of hemp and cannabinoid-infused beverages along with an array of CBD topicals and tinctures, announces over 93% growth in brick and mortar sales with its hemp coffees and teas as well as new distribution partnerships with OneLove Distributing, LLC, Legacy Distribution, and Sunshine State Distributing.Elev8 Hemp is reporting that its new ready-to drink beverages have brought in over $64,000 in revenue in the first 45 days. This incredible growth will only be enhanced by a new Groupon offer, which launched on Monday, July 22, 2019. Groupon is a popular platform for online retailers that offer limited-time discounts to users, resulting in not only increased revenue but also brand recognition and availability outside of brick and mortar locations.The Company’s unprecedented growth means greater earning potential for Elev8 Hemp’s entire line of products, including its newest product Pumpkin Spiced Hemp Coffee that will be launching in August. Poised to sell big during the upcoming fall and winter seasons, the Pumpkin Spiced Hemp Coffee is just the newest flavor in a full line of flavored coffees from Elev8 Hemp.Elev8 Hemp is proud to call central Florida home and even prouder to be signing contracts with local, homegrown distribution companies that share similar values. Sunshine State Distributing has headquarters in Orlando, Florida and prides itself on bringing new, burgeoning craft beer, spirits, and CBD brands to the greater Orlando area through a combination of education, individualized promotions, and innovation.“We’re very excited to announce our partnership with Elev8 Hemp’s brands in Central Florida. The signing of the 2018 Farm Bill into law, and the legalization of hemp products in Florida, is an enormous step forward for the hemp industry,” said Chris Larue, President and founder of Sunshine State Distributing. “It’s gaining momentum in the health and wellness world, and we’re positioning ourselves to be at the forefront of the CBD movement in the state. With Elev8 being a Central FL-based brand, this falls in line with our vision of partnering with the best local brands in Florida.”Sunshine State Distributing delivers to retailers in Central Flo...