Source: Code Green Apparel Corp.

Code Green Apparel Corp. Forms Strategic Joint Venture to Produce Uniforms for Nationally Recognized Fast Food Restaurant Chain

LAGUNA BEACH, CA, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Code Green Apparel Corp. (OTC PINK: CGAC), is pleased to announce that it has executed a Joint Venture Agreement with 3R Apparel, LLC to purchase, manufacture, and sell certain apparel and uniform items to various owners of a nationally recognized fast food restaurant chain across the United States utilizing the Company’s sourcing and manufacturing capabilities. 

Pursuant to the Joint Venture Agreement, the Company has created CGAC Direct, LLC in which to operate and manage these specific business activities. 

“Our focus since the very beginning has always been to provide uniforms made from sustainable textiles and fabrics to both small and large size companies and to have been able to attract the attention of this very large, well respected nationally recognized chain of fast food restaurants is quite an achievement,” commented George J. Powell, President and CEO of Code Green Apparel Corp. “We have been working with 3R, whose members are comprised of these various franchise owners and operators, on securing and creating a structure over the past several months and are extremely pleased and excited to have been able to come to an agreement to create this joint venture.”

As an integral part of the joint venture, 3R will be assisting in the initial product development, marketing and selling of the restaurant branded uniforms to the approximate 2,000+ restaurant owners located across the United States and abroad. 3R has made a financial commitment to invest up to $600,000 to finance the operation, which includes initial uniform design, development and production.    

About Code Green Apparel Corporation:

The Company-stated corporate strategy is to lead a market revolution that brings environmentally superior products to market at cost-neutral price points. Code Green Apparel Corp is dedicated to becoming an industry leader in Sustainable Textiles through its Process of creating Eco-friendly clothing providing corporations with corporate Logo Wear, Uniforms and other Eco-Friendly Sustainable Textile products. Management boasts more than 75 years of textile experience in the apparel industry and intends to be disruptive in the market. Visit Code Green Apparel on the web at www.codegreenapparel.com.

Legal Disclaimer

This  press  release  may  contain  forward-looking  statements  including  words  such  as  "may,"  "can," "could," "should," "predict," "aim," "potential," "continue," "opportunity," "intend," "goal," "estimate," "expect," "expectations," "project," "projections," "plans," "anticipates," "believe," "think," "confident," "scheduled," or similar expressions, as well as information about management's view of Code Green Apparel's future expectations, plans and prospects. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Code Green Apparel, its divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Code Green Apparel files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Code Green Apparel's future results. Code Green Apparel cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Such forward-looking statements should not be relied upon as indicative of current value or as a guarantee of future results, herein, and shall not be relied upon as a promise or representation.

In this release, we may rely on and refer to information regarding our industry and the market for our products in general from market research reports, analyst reports and other publicly available information. Although we believe that this information is reliable, we cannot guarantee the accuracy and completeness of this information, and we have not independently verified any of it. Some data is also based on our good faith estimates.


Contact: 

Paul Knopick
9402623584
pknopick@eandecommunications.com