Canbiola Inc. Expands its Product Distribution
HICKSVILLE, NY, Oct. 22, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Canbiola, Inc. (OTC PINK: CANB), a manufacturer of proprietary CBD non-psychoactive cannabinoid products extracted from the hemp plant, is pleased to announce it has signed a manufacturing and supply agreement with Elev8 Brands, Inc. (OTCQB: VATE), a holding company focused on the commercial development of hemp and CBD-based products for the manufacturing of its new Zoe CBD CryoGel.
This all-new CryoGel is an all-natural gel that not only helps to relieve pain, but is also Vegan, Non-GMO, Non-GE, and made with all-natural and organic components. CryoGel is a fast-acting all-natural infused product that is 99.9% pure CBD.
Marco Alfonsi, CEO of Canbiola, said, “Canbiola is a company that is passionate about improving people’s lives through bringing the highest quality lab tested products to market with all-natural ingredients. With Elev8 Brands, Inc. and Canbiola having many synergies, it makes sense to work together for the expansion of our products and respective brands.”
Elev8 Brands, Inc.’s CEO, Ryan Medico, stated, “I have had some great conversations with Canbiola CEO, Marco Alfonsi. We share in the same passions and look forward to developing a deeper working relationship.”
Alfonsi concluded, “This is a very exciting time in the world of hemp and CBD. Finding opportunities to make a difference in people’s lives with all-natural organic products that provide healthy treatment alternatives.”
About Canbiola, Inc.:
Canbiola, Inc. is a public company trading under symbol CANB.
Canbiola, Inc. is a US Company embarking in the sale of a variety of Cannabidiol (CBD) based products. Canbiola has developed its own line of proprietary products as well as seeking synergistic value through acquisitions in the CBD and the medical cannabis industry. Cannabis is currently federally illegal and has legalized for medical purposes in some form in a limited number of states, but pure CBD products are legal in all 50 states. The company has already launched several products found at www.canbiola.com.
About Elev8 Brands, Inc.:
Elev8 Brands, Inc. specializes in the development and marketing of products for the fitness and wellness markets. The company is founded based on creating high-quality, sustainable, products for health-conscious consumers.
About Zoe CBD LLC:
Zoe CBD is a wholly-owned subsidiary of Elev8 Brands, Inc. which focuses on the development and marketing of CBD-based products such as CBD Tinctures, CBD E-Juice, CBD Lotion and CBD Salve. Please visit, http://www.zoecbd.com for more information.
CONTACT INFORMATION:
Canbiola Investor Relations
Email: IR@canbiola.com
Phone: (516) 595-9544
Website: http://www.canbiola.com