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ELEV8 BRANDS In/SH SH (OTCMKTS:VATE) To Launch More Hemp Coffee Products Into The Market

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ELEV8 BRANDS In/SH SH (OTCMKTS:VATE) announced recently that it’s planning to release a decaffeinated Hemp Coffee and Sumatra Hemp Coffee in the next few weeks. Sumatra is popularly known for its low acidity levels and also has organic hemp protein. A decaf brand is appealing to all coffee lovers particularly those who would love to take coffee but can’t stand the side effects of caffeine components found in most coffee products.

According to Ryan Medico, CEO at Elev8 Brands, the decaf version received overwhelming requests when carrying out product samples. The company intends to bring numerous health benefits found in the natural Hemp components to accommodate more clients. Three flavors; Espresso, Dark Roast and Chocolate Raspberry were introduced in the market recently and their sales orders are already beyond the company’s predetermined expectations.

The Firm To Increase Its Hemp Coffee Blends

The company is determined to create more variations of its popular Hemp Coffee line. Due to the increasing demand for the firm’s Hemp Coffee products, the management team is determined to increase its coffee blends, which will significantly expand its market share. The firm has maintained distributing its products through brick and mortar stores in addition to its online stores.

The company focuses on developing hemp and CBD-based products such as hemp coffee, tea, CBD Lotions and Tinctures, E-juices and more targeting large health and wellness markets across the world. The firm also announced that all the six the flavors of Hemp Coffee available at Lucky’s Market in Clermont and Lucky’s Market at Neptune Beach.

Other Elev8 Developments

Recently, the company signed a contract with a distribution firm Terp Market and Lounge. The agreement will enable the company to expand its brick and mortar locations and restock its existing stores. Furthermore, Elev8 has retired more than two hundred million (200,000,000) Restricted Common Shares. The company has made a promise to continue improving its market share structure to increase its shareholder’s value.

Business

Valens Groworks Corp (OTCMKTS:VGWCF) Establishes Offices In Toronto In Expansion Efforts

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Valens Groworks Corp (OTCMKTS:VGWCF) seeks to engage in significant geographic expansion. It has set up offices in downtown Toronto which it terms part of its business evolution. This company prides itself in its state of the art operations and also its highly advanced product portfolio. Operating in the new and high-value markets around the globe, the technical expertise of the company is a progressive factor. It seeks to dominate the market and also fetch high revenues as it progresses with its business operations.

Company objectives

The establishment of the offices in Toronto will see the company easily grasp international business opportunities. Leaders in the company hope they succeed at retaining their topmost talent and also effectively manage their customer relationships.

Proper coordination of the company’s global operations is a significant ingredient of its business growth and expansion. Valens Groworks also seeks to increase access to theinstitutional investment community, which also supports businesses a huge deal.

Robson’s thoughts

The CEO of Valens, Tyler Robson, has spoken about the company developmental plans. The establishment of a top-notch operational platform in Kelowna has been termed a good thing by the official. He thinks of it as an important and rather exciting milestone as they continue advancing their business. He also spoke about the company’s plan to accelerate its business operations into new areas.

Valens Groworks is placing itself on the path towards success by the act of putting up a base in Toronto. The move will see the company gain easier access to the institutional investment community.

One of the most recent developments was the entry of Valens Groworks into the OTC Markets Group. The EVP of Corporate Services at OTC Markets Group Jason Paltrowitz welcomed the company outlining that it had arrived in the best market. The company graduated from the OTCQB Market to OTCQX Market. The top official added that the company would gain in terms of attaining more visibility. It would also build a great deal on its shareholder value in the ever dynamic public market. Paltrowitz congratulated the company wishing it the best in all its business endeavors.

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International Cannabrands Inc (OTCMKTS:GEATF) Announces Its First Distribution From Riotus SODO LLC

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International Cannabrands Inc (OTCMKTS:GEATF) has thanked an entity named Riotus SODO LLC. This is after the company received the first distribution from the leading entity. An official working with International Cannabrands said that currently, they have an investment of about (20.6% in the entity. That translates to about $12,990.

Latest business developments

In the company’s press release dated August 16 and 29, 2018, it was clear that it made an investment totaling to $500,000.Analysts said that this was a show of great confidence of the company in the fast-rising entity.

International Cannabrands wished for the best. It expected that by the start of July it would be receiving its first payment. The company expects to be receiving its monthly cash distributions on time.

In a statement, the company revealed that it would be giving clear reports on the aggregate distributions that it will be obtained from the entity. It will give the reports quarterly.

The company’s CEO Steve Gormley opines, “We are extremely pleased that RIOTUS continues to reach milestones on time and under budget, and that it has met its projected distribution date. We expect that this investment will continue to materially increase the company’s earnings.”

He added that their main point of focus would be to increase their cash flow in most of their business operations. According to him, RIOTUS serves them with an ideal platform that will see their product expand a huge deal.

The letter of intent (“LOI”) with Albert Einstone’s LLC

The other development is the entry of the business giant in a letter of intent (“LOI”) with Albert Einstone’s LLC. This is a cultivation and manufacturing company based in California that prides itself in having high-end indoor warehouses. Most of them are situated in downtown Los Angeles.

Gormley says that they are speaking with the same voice with his team in the company. All of them are pleased to strike the partnership with AE and seek to take advantage of the company’s highly sophisticated operations. They also believe that the pristine facility has more to offer than meets the eye. The official says the extension of the company’s brand distribution footprint will help them generate higher revenues.

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Namaste Technologies Inc (OTCMKTS:NXTTF) And Eroll Grow Tech Ltd Agree On Marketing And Distribution Deal

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Namaste Technologies Inc (OTCMKTS:NXTTF) announced on Thursday that it signed a marketing and distribution deal with Eroll Grow Tech Ltd, a subsidiary Seedo Corp (OTCMKTS:SEDO).

The marketing and distribution deal between the two companies will allow Eroll Grow Tech to market products that exist under the Seedo Home Grow brand through Namaste online marketplace.  The products include Seedo’s fully automated devices that are designed to help customers grow plants with ease in their homes and the two firms will target Namaste’s global clientele. The devices can facilitate the growth of a variety of plants including hemp, flowers, fresh herbs, and vegetables.

“This innovative and ground-breaking product is a great addition to Namaste’s marketplace,” stated Namaste Technologies’ interim CEO, Meni Morim.

 The CEO also added that the goal of the marketing and distribution agreement is to provide a personalized and unique experience for users that want innovative solutions. Morim also revealed that the Seedo home grow devices are ready for the European market and that they will also be launched on Namaste’s outlets in Canada very soon.

Zohar Levy, the CEO of Seedo revealed that his firm was excited about the partnership because Namaste has a lot of experience with distribution in the cannabis industry. Levy also noted that his company is currently targeting new market segments and that it is also on a global expansion mission. The Seedo products will be available on Namastevapes.ca and CannMart.com in Q3 2019, thus expanding their availability in more regions across the globe.

Namaste Technologies announces reshuffle in its board of directors

Namaste also announced a week ago that there were some changes to its board of directors.  The company announced the immediate exit of Kenneth Ngo, its current Chief Financial Officer from the board of directors.

Morim expressed gratitude to Kenneth for the service rendered to the company during his tenure as a board member since December 2018 the Namaste CEO also noted that Kenneth decided to relinquish his position as a Board member. Morim also noted that Andy Wilczynski and Ken Jones have been appointed as new members in Namaste’s board of directors.

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