NetworkNewsBreaks – Phivida Holdings Inc. (CSE:
Post# of 29
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.”
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