August 18, 2017 12:28 ET | Source: Elev8 Brands, Inc.
ROCKLEDGE, Fla., Aug. 18, 2017 (GLOBE NEWSWIRE) — Elev8 Brands, Inc. (OTC Pink:VATE), a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, and E-juices, which target the health and wellness markets, announces Toledo Hemp Center has placed a second order with wholly-owned subsidiary Elev8 Hemp LLC to contract roast and package their popular hemp coffee.
Toledo Hemp Center placed their first order in late June and quickly sold out. Founder & Owner Kevin Spitler commented, “Our hemp coffee is one of the most popular products in our store and customers keep coming back for it. Elev8 Hemp has helped us extensively with enhancing our logo and packaging. We now meet the most stringent quality requirements, including Fair Trade Certified, which are mandatory for the larger scale grocery chains we are currently pursing.”
According to PLMA (Private Label Manufacturers Association), the private label coffee business grew 8.5% to over $611M in 2016. Elev8 Hemp continues to expand its private label coffee business by offering customers complete turnkey solutions for coffee recipes, branding and packaging all with the lowest minimum runs offered on the market today. In addition to the Toledo Hemp Center account the company is in talks with one of the largest nationally recognized retail hemp brands to private label roast and package their hemp coffee.
CEO of Elev8 Brands Ryan Medico stated, “The expansion of our Elev8 Hemp Coffee brand online and in retail outlets has opened up significant opportunities in private label coffee roasting and packaging. As Elev8 Hemp Coffee penetrates larger retail chains such as Whole Foods and Kroger private label partnerships such as Toledo Hemp Center provide an attractive recurring revenue model which we are excited to capitalize on.”
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, hemp water, and hemp-based skin care products.
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.
Please visit, www.elev8hemp.com for more information.
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