Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a premium food and beverage company, is preparing to launch its OKI brand of premium CBD products to consumers during the third quarter of 2018. The company recently gained exposure to roughly 2,400 mainstream retail outlets across the U.S. by signing an exclusive national agreement with National Specialty Sales (“NSS”), an Acosta company. An article discussing the agreement reads: “The partnership also provides the opportunity to access an additional 25,000 national grocery supermarkets such as Wal-Mart, Target, Kroger and others in Acosta’s national sales network. PHVAF and Acosta are working together to develop in-store merchandising, pricing, sampling and other promotions in order to ensure the success of the OKI line. They are also seeking to maintain direct client relationships and in-store inventory levels.”
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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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