Greene Concepts' Subsidiary, Water Club, Signs Joint Venture Deal with New World Health and Wellness to Market New Hemp Line Products to 300 Million Amazon Customers
Marion, North Carolina--(Newsfile Corp. - September 29, 2020) - Greene Concepts Inc. (OTC Pink: INKW) is pleased to announce it has finalized and signed a joint venture agreement between its' wholly owned subsidiary the Water Club and New World Health and Wellness whereby New World Health and Wellness will produce a new line of hemp-based products for the Water Club. These new products are aptly named "Be Hemp" and Greene Concepts will sell these to the 300 Million Amazon Customers through its Water Club subsidiary.
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As announced in the May 22, 2020 press release, the Water Club is Greene Concepts' wholly owned subsidiary and is a subscription service for multiple products so consumers may directly order and receive these goods at their chosen location. The manufacturer New World Health and Wellness, a Washington-based manufacturer, is a brick and mortar retailor and online distributor of hemp-based wellness products having previously established an alliance with Greene Concepts this past June (see June 9, 2020 press release).
NWH & Wellness
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David Day, CEO of New World Health and Wellness shares, "We are happy and excited about this joint venture with Greene Concepts and by creating a product line for them that connects to their new Amazon.com strategy. The Water Club will have customers who may directly purchase or subscribe to the recurring purchase of their new hemp-based line "Be Hemp". Our goods, made out of the purest natural hemp, help the masses with numerous physical ailments to include chronic pain, stress, inflammation, anxiety, sleep and heart health and are legalized for distribution throughout the country in all 50 states. We are excited to partner with Greene Concepts in this manner, I believe this initiative coupled with the recently announced Amazon deal will greatly increase Greene Concepts' revenues and price per share."
Mr. Day continues, "The Greene Concepts Water Club exponentially increases our footprint in the Hemp industry as we offer healthy solutions for people and pets (from our canine Hemp line). One of my prized vendors, Stay Cool, is also participating in the Water Club and will offer Kava and Hemp beverage lines to present healthy alternatives to the public. Our products, derived from the purest natural Hemp, are developed with a centric based focus on assisting the body's own natural healing properties. I am personally committed to the Water Club's success."
Lenny Greene, CEO of Greene Concepts states, "Our new Amazon.com strategy is offering 300 million Amazon customers "Be-Hemp" products in addition to our "BE Water" artesian water line. We have on the drawing board and plan on partnering with New World Health and Wellness to develop multiple consumer products. We are extremely pleased to announce these new products available under the Greene Concepts product line and thank New World Health and Wellness for producing them for us. Each of our customers can purchase these new products and have complete confidence that the ingredients are natural, tested and highly beneficial. The creams and roll-on provide fast-acting relief to skin, joints, bones and muscles plus they have a refreshing scent. The results thus far have been outstanding and we anticipate fast-paced sales and revenue growth through our association with Amazon.com as more and more consumers become aware of the superb health benefits offered with the new "Be Hemp" line of products."
Lenny Greene, CEO of Greene Concepts continues, "According to Grandview Research, the global Hemp market was valued at USD 4.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 22.2% from 2019 to 2025. The demand for Hemp Products for medical and wellness purposes is high due to its healing properties, which is the key factor driving the growth of the market." (see here).
About New World Health and Wellness
Founded by David and Julie Day, the New World Health and Wellness CBD retail store opened its doors in 2019 as the only Hemp retailor in the Marysville, WA area near Seattle. The store offers numerous Hemp whole-body wellness products to include pain relief, oils and tinctures, pet care, edibles, and skin care. With a company goal of educating the community on the healing properties of Hemp to help others achieve better health, New World Health and Wellness develops brands to better enable and strengthen both the mind and body.
Amazon is a titan of e-commerce and is the go-to site for online shoppers and merchants alike. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit https://www.aboutamazon.com/ and follow @AmazonNews. (Source: https://ir.aboutamazon.com/overview/default.aspx).
About Greene Concepts, Inc., Mammoth Ventures, Inc. and Water Club, Inc.:
Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company. Through its recently acquired wholly owned subsidiary, Mammoth Ventures Inc., the Company has entered the specialty beverage and bottling business and is an emerging leader in the global scientifically formulated beverage industry. Through its subsidiary Water Club, Inc. we intend to pursue subscription-based delivery of water and scientifically formulated beverages directly to the consumers home and market the convenience of this service thru social media affiliate marketing partners.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Greene Concepts, Inc.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64844