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.”
To view the full press release, visit http://ibn.fm/oGivL
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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