NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Secures US Retail Partnership for Oki Beverages

March 14, 2019 11:05:19

Premium functional food and beverage company Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced that leading supermarket chain Safeway will begin selling the company’s Oki beverages in over 100 stores located across Colorado. Per the update, this is the first major retailer in the U.S. to offer the Oki line of iced teas and waters, which now come infused with 20mg of active hemp extracts. Albertsons Companies LLC, the parent of Safeway, has over 2,200 stores nationwide and is the second-largest supermarket chain in North America. “We are extremely excited to be associated with the Safeway brand and appreciate their confidence in us and their desire to align with a trusted brand and product such as Oki,” Jim Bailey, president and CEO of Phivida, stated in the news release. “Our clear differentiator was the quality of our product and the mutual respect for the high QA/QC standards we both uphold. Our team is committed to working closely with Safeway to launch the Oki brand to ensure we have a holistic marketing approach.”

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About Phivida Holdings Inc.

Phivida Holdings Inc. is headquartered in Vancouver, BC with operations in San Diego, CA. Phivida is a premium functional food and beverage company focused on whole plant nutrition and natural ingredients that help best maintain overall health and balance in the human body. The company infuses organic active hemp extract into a variety of premium beverages and clinical products for everyday health. Phivida embraces and celebrates a return to organic, natural, plant-based foods and beverages, and a focus on holistic health and wellness. The mission is to help reduce the world’s dependence on pharmaceuticals and provide food and beverage choices that allow customers to live a balanced healthy lifestyle. For more information, visit the company’s website at www.Phivida.com

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