Koios Beverage Corp (OTCMKTS: KBEVF) saw a spectacular rise last year in Septeber before coming right back down again in October along with the rest of the sector.
The Company has made a number of exciting appointments to management and to its advisory board in recent months; In December Koios Beverage Corp. announced the appointment of Andrew Fulton to the Company’s Advisory Board. Mr. Fulton has created and designed more than 30 award-winning products, the most recent of which is Colorado’s Best Drinks, a full line of sparkling CBD sodas. Before that he co-founded Lifted Libations, a line of organic canned cocktails, and Rocky Mountain Soda in 2009, where he created and designed all 12 flavours and continues running the company today.
Koios Beverage is an emerging functional beverage company which has an available distribution network of more than 2,000 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well. Koios is also the sole owner of Cannavated Beverage Co., a subsidiary that develops beverage products and formulas for the growing cannabis market. Through its agreement with Keef Brands, the largest producer of cannabis beverages in North America, Cannavated enjoys distribution throughout the State of Colorado and is preparing for distribution in additional US states where cannabis use is legal.
In September Koios announced it was launching a new beverage infused with cannabidiol (CBD), a cannabinoid derived from hemp plants, along with Koios’ proprietary nootropic stack. CBD is commonly used in medical practice to deal with inflammation, pain, anxiety, and epileptic seizures. Unlike THC, which is also produced in the cannabis plant, CBD is not a psychoactive cannabinoid and does not cause the sensation of ‘getting high’ which is often associated with marijuana.
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Koios has purchased the first of what will be a fleet of branded delivery vans that will soon be seen travelling the streets and highways of Colorado. The first Koios direct delivery van is already rolling on the streets of Denver today and the Company has also introduced an improved Direct to Customer experience on its online portal at koiosbeveragecorp.com. The Company is seeing growing success with its Direct to Consumer online sales, which doubled this month over last month.
On December 11 Koios Beverage signed a vendor agreement with GNC Holdings, Inc. (GNC), a leading global health and wellness brand with thousands of retail stores across the U.S. and Canada. Pittsburgh-based GNC has more than 6,400 retail locations throughout the United States and Canada and franchise operations in approximately 50 international markets. GNC Canada is based in Mississauga, Ontario and operates as a subsidiary of GNC. It is well known as a go-to source for health, wellness and sports nutrition. GNC sets the standard in the nutritional supplement industry—demanding truth in labeling, ingredient safety and product potency, all while remaining on the cutting-edge of nutritional science. As the company has grown over the years, so has its commitment to living well.
“We are incredibly pleased to be working with GNC on a national rollout of our ready-to-drink line,” said CEO Chris Miller. “Improving the quality of peoples’ lives is a shared principle between us and we look forward to eventually adding value to GNC customers across the globe. The added revenue growth could be substantial and a catalyst for hitting our projected growth targets in the coming years.”
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Currently running up the charts Koios has $2.2 million in restricted cash, virtually no debt and no revenues to date. Koios is an exciting Company that is quickly attracting the attention of investors; the Company uses a proprietary blend of nootropics and natural organic compounds in their beverage lines and is launching a new beverage infused with cannabidiol (CBD), as well as a beverage line infused with THC. The Company recently began production of a new line of functional beverages under the brand ‘Fit Soda.’ We will be updating on Koios when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with Koios.
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Disclosure: we hold no position in Koios either long or short and we have not been compensated for this article.