Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) recently announced the launch of its new beverage division. Per the update, Redfund Capital is filling a key gap in the market for lifestyle-driven infused beverages as demand for upscale hospitality and health-wellness sectors start to boom. This foray of products is part of Redfund’s global expansion plan, and the company’s first beverage product group will consist of powdered flavored hemp seed and hemp infused teas to target a growing market where hemp based protein powders have gained popularity as nutritional supplements. “The launch of our own proprietary beverage product-line has been in the works for almost a year,” Redfund CEO Meris Kott stated in the news release. “This division will provide the go forward business development advisory services as an added benefit to portfolio clients.”
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About Redfund Capital Inc.
Redfund intends to provide debt and equity funding in the mid- to late-stages of a target company’s development or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis, hemp and CBD-related and healthcare-related companies. For further information, visit the company’s website at www.RedfundCapital.com.
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