In a new press release, Elev8 Brands, Inc. which is a company that focuses on commercial development of beverages infused with cannabinoids, and other CBD products such as topicals and tinctures, announced a new product line. The company will be releasing new hemp-infused single serve coffee, and it will also be venturing into CBD whole bean coffee.
The company’s CEO, Ryan Medico, shared in the press release, “This was always our plan to expand into the single serve market. As exciting as this is, we are also very pleased to be creating a CBD infused whole bean coffee. We plan to enter as many areas with coffee and tea as possible and this was an integral piece that we were missing. We plan to have this product available by November.”
Further, the press release indicates that Blessed Bean LLC, which has entered the single serve private label market, has experienced some substantial growth this year.
Robie Leavitt, President of Blessed Bean Coffee, also shared in the press release, ”we launched our private label drop shipping program back in July and have since obtained several new private label customers along with a secured, large two-year contract. The plan in the fourth quarter is to purchase a larger roaster to keep up with this growth leading into 2020.”
Medico also added,
“In the third quarter we made some significant changes to our brand across the board. We took the time to do this now so we will be prepared for the next several years of growth. Its is very exciting to see multiple new products coming out of Elev8 Hemp in the upcoming months as we will see all our hard work come to fruition.”