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://ibn.fm/34hO6
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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