Human Brands Announces Distillery Expansion
Henderson, Nevada--(Newsfile Corp. - October 22, 2020) - Fresh Promise Foods, Inc., a publicly traded company under the ticker symbol (OTC Pink: FPFI) (hereinafter "FPFI") announced that its wholly owned subsidiary Human Brands International, Inc (hereinafter the "Company") and its tequila production partner Hacienda Capellania are currently expanding their distillery production capacity to meet increasing demand from existing customers and new customers seeking to enter into supply agreements. In fact, the Company's principal customer has recently tripled its requested monthly supply volume. From the inception of Q-3 2020, in the emergent production phase, the Company has produced and sold an average of 50,000 Liters of Tequila per month. The equipment investment will double the distillery's production capacity to 200,000 liters per month.
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Based on current and pending contracts as well as the production of Company owned brands, such as Armero Tequila, the Company projects that the distillery will require additional production capacity expansion in the near future, in addition to the Company's long term plans of developing a destination distillery, which would include Company owned retail and hospitality concepts as well as other amenities on the 91 Acre property located in the highly regarded Highland region of Jalisco, Mexico. The Company intends to provide further updates on future expansion plans in the coming months.
About Fresh Promise:
Fresh Promise Foods, Inc is a holding company that focuses on acquisition opportunities primarily targeting companies, with brand ownership, exclusive production, distribution and supply and licensing agreements. FPFI will also seek opportunities involving uniquely positioned, specialized companies and brands that will be supported by our underlying business activities.
About Human Brands:
Human Brands International, Inc. (www.humanbrandsinc.com) is a diversified holding company in the spirit and hospitality sectors with a primary focus on the tequila industry. The Company was established in late 2014 to capitalize on the growing alcohol beverage market and changing consumer habits in the industry. The Company currently has several wholly owned subsidiaries that focus on five key areas of business: Agave, Bulk Tequila Production, Brand Development, Import/Export and Hospitality.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.
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