$BOXS News out this week as BoxScore Brands Manage
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Las Vegas, NV, April 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- BoxScore Brands, Inc., (BOXS), announced a distribution deal with Pellequr LLC, a Beverly Hills, CA based spa and manufacturer of CBD related skin and wellness products.
Michael Flanagan, newly appointed CEO of BoxScore Brands, stated, “Pellequr makes the best products in each category they operate. When we looked at value added niche products in the skincare category, Pellequr’s array of products was our first choice to partner with as our initial offering.”
The US Skincare market is estimated at +$17 billion and growing annually. The integration of CBD into skin care and beauty products is also proving success through customer adoption. Flanagan stated, “We will be taking what Pellequr does so well in their Beverly Hills spa and introducing to the broader US market through existing relationships. Celebrities and influencers have flocked to Pellequr simply because the products are better than anything else in the market.”
Founded in 2018, Pellequr, LLC opened a spa to modernize age-old Korean traditions to launch the newest and ultimate experience in luxury skin care. The company uses innovative techniques and detoxification from its expert technicians using proprietary products that are infused with the transformative healing powers of CBD oil. The company has developed a series of products based around CBD oil. (Instagram @pellequr)
Founded in 2007, BoxScore Brands served +300 points of sale in California and Nevada through automated frozen vending machines and reach in freezers. In April 2019, the BoxScore Brands reposition its product offerings and focus on consumer products with Cannabidiol ("CBD" and other alternative wellness products.
BoxScore Brands, Inc. will market and distribute Pellequr products globally.
ABOUT BOXSCORE™ BRANDS, INC.
BoxScore ™ Brands, Inc, headquartered in Las Vegas, NV, is a consumer products and technology company that develops, distributes, and consumer products in the United States. For more information visit https://boxscore.com/ or call (855) 558-8363 or e-mail ir@boxscore.com.
Forward Looking Statements: This current press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any products sold or cash flow from operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
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