Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning
announced that it has signed an exclusive national agreement with Natural
Specialty Sales (“NSS”), an Acosta company. NSS is well known in the
natural/specialty market with a retail channel across America, providing
Phivida access to over 2,400 retail locations in a $4.1 billion market. The
national network includes major retailers including Whole Foods Market, Sprouts
Farmers Market, and National Coop Grocers. The company’s OKI brand of premium
CBD products, anticipated to launch in Q3 2018, will be the exclusive
CBD-infused beverage brand and health supplements products represented by NSS.
“There is no better partner than NSS to launch Phivida’s new OKI branded
premium lifestyle range of products across the USA. With the collective
experience NSS has in launching brands in the Natural/Specialty market we are
now poised for success, and we couldn’t be more excited to partner with them.
The product and marketing launch will begin within the Natural/Specialty
channel, but we expect that conventional retailers, such as major national
grocery stores, will soon follow,” Phivida Chief Commercial Officer Doug
Campbell stated in the news release.
To view the full press release, visit http://ibn.fm/VAi8f
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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