ORLANDO, Fla., Nov. 08, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PRESS RELEASE -- Elev8 Brands, Inc., a holding company focused on the commercial cannabis industry, has announced the first purchase from a new distributor, YP Natural Inc.
YP Natural Inc. is a distribution company that has been servicing the Metro NY area since 2004. Its network currently services over 400 retail stores.
Elev8 Brands CEO Ryan Medico stated, “We are very excited to be working with YP Natural Inc. We are looking forward to expanding our relationship and helping them market our products to their network.”
The company is currently working with two co-packers in order to bottle its new CBD Iced Tea and to can its new CBD Iced Coffee. Formulations are finished, and the company is working diligently on finishing label design and scheduling production.
Medico said, “Entering the CBD ready-to-drink market is very important to us and we are ahead of schedule on our production. I am very pleased with our team and their efforts to expedite these products to market. The market is demanding CBD coffees and CBD iced teas and we will bring it to them.”
The company has officially gone international with product currently on Amazon Prime in Canada. Elev8 Hemp has been Amazon's Choice in the United States for over a year and plans to have the same prestigious recognition in Canada.
Medico added, “Canada is a huge step for the company and we will soon double our Amazon revenues. We continue to work with a marketing organization that manages our brand on Amazon which allowed us to instantly receive sales once product went live. This fourth quarter has already been an amazing start with record revenues, new distribution, new stores, the right sales team in place and most of all, the launching of our CBD Iced Coffee and CBD Iced Tea. It's going to be an amazing year."