Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) earlier this week signed an exclusive national agreement with Natural Specialty Sales (“NSS”), an Acosta company. Per the agreement, Phivida’s OKI brand of premium CBD products will be the exclusive CBD-infused beverage brand and health supplements products represented by NSS, giving the company access to over 2,400 retail locations in a $4.1 billion market. The OKI line is anticipated to launch during the third quarter of 2018. “Obviously, there’s been a lot of hard work behind the scenes. We’ve been working on this agreement for months, and to see it come to fruition today is very exciting for us,” Phivida president and CEO Jim Bailey stated in the corporate video.
To view the corporate video, visit http://cnw.fm/Kn3Pq
About Phivida Holdings Inc.
Celebrating Health and Wellness, In Harmony™, Phivida’s mission is to lead the alternative health care sector as the benchmark standard in premium cannabinoid infused foods, beverages and clinical products. Using encapsulation technology, Phivida converts phytocannabinoids into water soluble delivery format, enhancing bioavailability, and timed released within the body. Phivida’s encapsulated cannabinoids are infused into functional beverages, foods and supplements containing a proprietary blend of phytonutraceuticals studied to target a range of health conditions, from chronic pain to terminal diseases. The World Anti-Doping Association’s recent decision to lift its ban of CBD from hemp oil and the World Health Organization’s recent statement supports the clinical benefits of CBD worldwide. Phivida is traded on the Canadian Securities Exchange as “VIDA” and on the OTCQX Markets as “PHVAF”. For more information, visit the company’s website at www.Phivida.com.
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