ELEV8 BRANDS In/SH SH (OTCMKTS:VATE) announced recently that is has launched three new products of Elev8 Hemp Coffees and 300mg Zoe Tinctures and they will be made available on the market by the beginning of April 2018. The company specializes in the development and distributes hemp and CBD-based products that range from Hemp coffee, tea, and E-juices and CBD lotions and Tinctures that have high demand in both health and wellness markets. The company intends to increase its product brands to grow its market share.
The company is focusing on expanding its product line as part of its strategy to meet the growing demand of individualized markets. The firm has currently diversified its offerings and it will now offer a wide range of products in Espresso, Chocolate Rasberry Truffle, and Dark Roast and much more. The company distributes its products through various channels including the use of middlemen, online, and stores.
The company has continued to increase its revenues every year and recently it reported positive further quarter earnings with a huge increase in the sales of products particularly Hemp and CBD-based products. Also, the company has employed various marketing strategies that have enabled the firm to reach more customers such as the use of prime grocery locations to allow more users to easily access the products. Additionally, the firm has partnered with other companies to expand the distribution network.
At the same time, Elev8 brands announced recently that its management team is offering the retirement of more than 200 million shares of common stock. The firm has over the years maintained a constant growth of shares that has significantly increased the shareholder’s value, which the management team is issuing.
The company is renowned for producing high quality and sustainable hemp and CBD-based products that serve the health consumers. The company focuses on the provision of Hemp-based food-stuffs, beverages, and other health-related products.