- PHVAF inks agreement with Acosta’s National Specialty Sales division to sell to 2,400 retailers across U.S., will later have access to 25,000 more supermarkets, such as Wal-Mart and Target
- Jim Bailey, PHVAF CEO and president, terms crossover distribution into mainstream national retailers a “significant milestone” for the CBD industry; market channel is valued at $4.1 billion
- OKI line to consist of CBD-infused beverages, such as iced tea and flavored infused waters, plus tinctures and capsules; it will be available to consumers in 3Q2018
Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) will launch its OKI brand of premium CBD products to consumers in 3Q2018 after gaining exposure to some 2,400 mainstream retail outlets across the U.S. when it signed an exclusive national agreement with National Specialty Sales (NSS), an Acosta company. Those stores include Whole Foods Market, Sprouts Farmers Market and National Coop Grocers. The total market channel is valued at greater than $4.1 billion in retail sales, PHVAF announced (http://nnw.fm/eJWZ9).
A video presentation of the announcement is available on the…
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