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ELEV8 BRANDS (OTCMKTS:VATE) Expands Its Product Offerings, Finalizes New Distribution Partner, Repackage CBD-Based Iced Tea

ELEV8 BRANDS (OTCMKTS:VATE) reported that its subsidiary Elev8 Hemp, LLC has taken next step towards growth by expanding its product offerings and finalizing a new distribution partner. The company has also repackaged its ready-to-drink CBD-based iced tea. It intends to differentiate its brand by making an identity that showcases eight main benefits of their product. The latest branding helps the company to mark its strong presence in the hemp- and CBD- infused beverage market, and quickly expand market share. This newly redesigned packaging will be first introduced on all iced tea flavors.

The highlights

Ryan Medico, the CEO of Elev8 Hemp, expressed that CBD comes with many benefits, which include promoting natural energy, lowering blood pressure, and improving blood circulation. When there are so many benefits of a product, there is no reason why a company should stay back and not expand its product offerings. They want to bring in the products that can bring in a positive, healthy change in people’s lives.

Elev8 Hemp reported that they would launch the hibiscus green iced, peach, and raspberry teas later this year. There has been an increased demand for additional flavors of green iced tea for quite some time. The launch of new flavors will help the company beat the competitors in the competitive CBD-infused beverage industry. It will also meet the growing demand for additional flavors of its popular product.

Medico stated that the new flavors were decided depending on many factors including innovation, consumer demand, and industry trends. Many consumers demanded raspberry and peach flavors, as seen from the research data. The hibiscus green tea, another flavor that will also be launched this year, capitalizes on a growing trend among beverage and food products.

Elev8 Hemp has partnered with Green Acres Organic Pharms to launch the new products in the market of Alabama. Anthony Carmelo, the Founder-CEO of Green Acres Organic Pharms, expressed that they are thrilled to launch CBD products they love to their home state. The people will significantly benefit from these products. In the month of September, Elev8 Brand reported that they are looking to expand their coffee products into the single-serve market.

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Marijuana

Elev8 Brands Inc. (OTCMKTS:VATE) To Roll Out Pumpkin Spike and House Blend Coffees In October

Elev8 Brands Inc. (OTCMKTS:VATE) has announced a rollout of its latest hemp-infused single-serve coffee and expansion into the CBD whole bean coffee. 

Introduction of new coffees

The company which is popular for commercial development if hemp and CBD infused beverages indicates that it is eager to expand into the single-serve coffee market. Over the past year, the company has received numerous requests on the same, and they are delighted to roll out the latest products. Elev8 Hemp expects to roll out the products from October and will begin with the Pumpkin Spice and House Blend hemp coffees. The rest of the flavors will hit the market in the middle of the fourth quarter.

Statista indicates that single-serving coffee making machines like Keurig are among the most popular brewing machines alongside the standard drip coffee machines. Reports indicated that in 2018, 26% of coffee drinkers in America were using single-serve coffee machines.

Expanding into single-serve market

Elev8 Hemp CEO, Ryan Medico, stated that they are always having a plan of expanding into the single-serve market. He added that this is an exciting prospect and they are delighted to create CBD infused Whole bean coffee. Medico said the plan is to venture into as many areas as possible with tea and coffee, which the company was missing. He added the product would most likely be available by November.

In 2019, Blessed Bean Coffee LLC has experienced exponential growth. The company is into the single-serve private label market. To meet demand, the company acquired an automated single serve machine with a production capacity of up to 1200 cups per hour.

The president of Blessed Bean Coffee, Robie Leavitt, indicated that they are expecting growth in revenues with the latest single-serve machine. Back in July, when the company launched its private label drop shipping program, it also witnessed an increase in revenue. Since then, the company has attracted numerous private label customers as well as secured a huge two-year deal.

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Marijuana

Elev8 Brands Inc. (OTCMKTS:VATE) Places A Reorder Of 100K Iced Tea Bottles

Elev8 Brands Inc. (OTCMKTS:VATE) has announced a reorder of 100,000 units of its ready to drink CBD-Infused tea along with a spectacular new look as it gains national traction.

New design around Elev8 Hemp logo

The new order will showcase the creative new design around the upgraded Elev8 Hemp logo. The new design will feature across all the company products, thus creating continuity which is an essential element for emerging brands. Eleve8 has gained a grip on the market in just a few months of selling through the initial run of the ready to drink products.

Elev8 believes that having an easily recognizable logo is an important part in the establishment of a national brand. The spectacular new design makes the company distinct and easily legible to new customers as well as those familiar with the brand.

In the meantime, Elev8 has placed a small reorder of ready to drink CBD-infused coffee and tea with the current labels. In line with the small run, the company placed an order of 100k ready-to-drink iced tea bottles. The bottles are already in hand and are waiting for the newly designed labels before shipping. Elev8 is encouraging consumers and investors to watch out for the official new flavors expected in the coming weeks.

Collaboration with Bright Rain Collaborative

Elev8 is partnering with Bright Rain Collaborative (BRC) for all its marketing and branding. The company will benefit from the leadership experience of BRC in marketing and advertising. BRC has marketed and advertised for some of the well-known brands such as Olive Garden, Cheribundi Tart Cherry Juices, Barnies, BlockStrong, Coffee & Tea Company as well as Lennar. Equally, over the years, they have brought several emerging brands and startup to the national scene.

Bob Sitter, the CEO of BRC, said that Elev8 Hemp and its product line are ready to take a leadership role in the CBD space. He added that they have over 30 years of experience in developing emerging brands.

The redesign comes at a time when Elev8 Hemp’s presence in the CBD market continues to grow.

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Marijuana

Elev8 Brands Inc.’s (OTCMKTS:VATE) Latest Hemp Teas And Coffee Sales Hit 93% In 45 Days

Elev8 Brands Inc. (OTCMKTS:VATE) has announced more than 93% growth in sales of its hemp teas and coffees in physical locations and a new distribution partnerships with Sunshine State Distributing, Legacy Distributing and OneLove Distributing.

Ready-to-drink beverages generated $64,000

The company has indicated that its ready-to-drink beverages have generated revenue of more than $64,000 in the first one and half months. The exceptional growth has been enhanced by the launch of the new Groupon offer. Groupo9n is a renowned online retailing platform that provides limited-time discount offers to customers and this has resulted in increase in revenue as well as promotion of the brand and its availability outside the physical locations.

Elev8 Hemp’s exceptional growth is an indication that there is much potential for the company’s entire product line which includes its latest drink the Pumpkin Spiced Hemp Coffee that is expected to be launched later in August.  The Pumpkin Spiced Hemp Coffee which is the latest flavour in the company’s flavoured coffees is expected to sell big in the winter and fall seasons.

Partnerships with distributors

The Florida based hemp and CBD infused drinks maker has signed several contracts with home-grown and local distribution companies of similar values. For instance Sunshine State Distributing which is located in Orland shares the same vision as Elev8 Hemp and it prides itself for distributing a new budding craft beer, CBD brand and sprits in Florida through individual promotions, innovations as well as education.

Chris Larue the founder and President of Sunshine State Distributing stated that they were excited to partner with Elev8 Hemp in central Florida. He added that following the enactment of the 2018 Farm Bill the hemp market in Florida has grown tremendously. Larue said that the hemp products in the health and wellness space are gaining momentum and the company is well positions to leverage the market.

Elev8 Hemp CEO stated that the addition of Sunshine Staten was a significant milestone to the company and their well-established network in Florida will help the company to expand quickly. The company has also partnered with OneLove Distributing to supply Oklahoma

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Marijuana

ELEV8 BRANDS IN/SH SH (OTCMKTS:VATE) Executes Growth Opportunities And Acquires Blessed Bean Coffee, LLC

ELEV8 BRANDS IN/SH SH (OTCMKTS:VATE) has acquired Blessed Bean Coffee, LLC, and its wholly-owned subsidiary. The latter is a private label roaster based out of Longwood. The acquisition will cost Elev8 Brands, Inc. 3,541,228 restricted common shares. According to CEO of Blessed Bean Coffee Robie Leavitt, the move will benefit each of the two companies; thanks to their operational expertise. Elev8 Hemp LLC concentration is on the development and marketing of hemp-based food. Its counterpart Elev8 Brands deals with products for the fitness and wellness markets.

Elev8 Brands, Inc. continues to explore opportunities for potential growth

There is much growth in the cannabis industry with the rising demand for hemp and CBD-based products. It is for this reason that Elev8 Brands, Inc. continues to pursue any possible opportunity for growth. The acquisition of its subsidiary is well-timed given that Blessed Bean Coffee has experienced massive growth over the last twelve months.

The growth is likely to accelerate according to the CEO of the Company, Ryan Medico. He affirms, “This acquisition creates potential to do all of these things and ensure that production can keep up with our expansion, cutting costs and significantly increasing the bottom line.”

The company’s primary goal step in the right direction, build a great working relationship while expanding distribution channels. To achieve this, the company recently brought on board a full-time National Sales Manager to help in pursuing new accounts. Medico outlines that the company has a lot of moving parts, and it is essential that they are together.

Elev8 Brands, Inc. has a new distributor

Synergy Distributors has joined the distribution network for Elev8 Brands, Inc. which accommodates over 20 distributors. It has come in with much passion for expansion and execution of goals. One of its main goals is becoming the chief distributor of hemp and CBD products in Southeastern Wisconsin.

The new distributor has also already placed a couple of orders and according to Medico this expresses the interest it has. It has a keen focus on the new CBD Infused Ready to Drink Iced Tea and Iced Coffee.

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Marijuana

ELEV8 BRANDS (OTCMKTS:VATE) Brings Onboard A Beverage Expert

ELEV8 BRANDS (OTCMKTS:VATE) happens to be one of the major players in the fitness and wellness markets. The company pays quite a huge deal of focus to product development and marketing. It has quite a significant number of customers and works to ensure they obtain high quality health and wellness products. The business guru today brought onboard a beverage expert.

Current state of affairs

ELEV8 BRANDS seeks to expand its sales team to ensure efficiency in the undertaking of the company’s business operations. The business believes in Chris Risi’s competence and effectives towards helping it achieve most of its set business objectives.

Risi moves into the company with so much in terms of experience and professionalisms. To begin, with, this official has worked for quite a long as a sales professional. The leader worked in restaurant and retail businesses and has helped in the establishment of strong teams.

These teams have turned out effective in the l execution of a wide range of the marketing activities. They helped spark about high levels of growth for businesses and that is more reason why the company needs the leader.

A closer look

Ryan Medico, the current Chief Executive Officer supports the latest move saying that they needed the services of competent officials. According to him, only competent official could help the company succeed in a market characterized by high levels of competition.

Medico opined, “We are excited that Mr. Risi has joined our team. His vast industry experiences will be a tremendous asset to Elev8 Brands in continuing to expand our brand nationally, with a focus on ready-to-drink CBD beverages.”

Chris will be remembered for playing a lead role towards the unveiling of the first ever frozen beverage platform. The leader also oversaw the unveiling of a wide variety of juices, iced teas and above all carbonated beverages.

Canbiola, Inc has also gotten in the signing of a supply deal with this company. It says the move will help boost its revenues significantly. These two business gurus seek to engage in the manufacture of the new Zoe CBD CryoGel. Sources indicate that the product will help a huge deal when it comes to relieving pain.

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