Business
GenTech Expands Key Suppliers and Full Product List Ahead of Upcoming CBD Infusion Café and E-Commerce Launch
GenTech Expands Key Suppliers and Full Product List Ahead of Upcoming CBD Infusion Café and E-Commerce Launch.
About this update from Gentech Holdings Inc.
[{"type":"text","content":"\nNEW YORK, July 01, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- 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 approaching core supplier deals and an expanded product offering as the Company prepares for a full launch of CBD product sales through both its e-commerce and CBD-infusion café models under the “Healthy Leaf” brand designation.\n\n \n \n \n \n \n \n \n \n \n \n \n GTEH July 1\n \n \n \n \n \n \n \n \n\n “With both CBD white label and infusion suppliers now in advanced negotiations, we are finalizing supportive product suppliers and we are happy to provide some details for shareholders,” commented GenTech CEO, David Lovatt. “Most importantly, the process has been highly successful in terms of our top priority at this stage: to gear our approach from the ground up to target the high-end CBD niche. That mission puts a premium on strong deals for truly best-of-breed accompanying products on our site and in our Healthy Leaf Cafés.” Arte de Brasil has been selected as a key supplier already. They offer a range of super-premium coffee and tea blends, with an emphasis on a premium mild coffee variety. Management notes that the Company will be bringing their coffee in bulk to its US-based CBD-infusion center for final quality testing to ensure a premium grade CBD-infused final product. To complement this, the Company is also in final negotiations with a different coffee and tea supplier based in Columbia that offers a very strong espresso-type bean. This secondary supplier also offers flavoring and CBD-infusion on site in Columbia, and they have agreed to ship a range of top-tier flavored coffees both with and without CBD, granting GenTech a welcome degree of optionality. The Company is also nearing a finalized agreement with a premier cacao grower based in Brazil who will supply the roasted cacao beans, fine cacao powder, and cacao butter that will serve as the basis for the Company’s premium chocolates and chocolate flavoring in both CBD-infused and non-CBD products offered both on the Healthy Leaf e-commerce hub and at Healthy Leaf Cafés across the US. Click here for a snapshot of the growing list of high-end “Healthy Leaf Well...