Hemp-cultivated cannabinoid innovator Phivida Holdings Inc.
(CSE: VIDA) (OTCQX: PHVAF) this morning provided a corporate update that
reviewed completed milestones and ongoing strategic initiatives. Key highlights
of the update include the company’s progress on retailer roll-out, new
beverages, marketing materials and rebranded websites. Based on Phivida’s
progress toward finalizing supply contracts with several national retailers,
management is confident in an Oki product line retail launch across more than
1,000 outlets in early Q2 2019. In addition, a new Oki beverages production run
is slated for March 2019 to support expected demand. The company also provided
marketing and social initiatives for California and Hawaii, including updates
on its new Feel-Oki campaign and completed and pending appearances at photo
shoots and events. The release further included an update on the rebranding of
the Oki and Vida+ websites. The newly-designed Oki e-store is expected to go
live by the end of Q1 and offer a full product assortment of beverages and
capsules, available for sale to consumers through direct distribution online.
According to the update, the Vida+ B2B and e-commerce business continues to see
increases in monthly revenue growth, and re-design of the Vida+ website is
underway, with the intention to enhance site layout and search engine
optimization for improved traffic and sales.
To view the full press release, visit http://ibn.fm/aLRtU
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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