Greene Concepts Inc. (OTCMKTS:INKW) on August 23, 2022, inked a distribution agreement with Lunchbox Distribution, LLC to distribute Happy Mellow.
Trading Data
On Tuesday, INKW stock gained 2.61% to $0.0157 with more than 25.34 million shares, compared to its average volume of 11.50 million shares. The stock moved within a range of $0.0149 – 0.0164 after opening trade at $0.0158.
Greene Concepts Announces Agreement with Lunchbox Distribution, LLC to Distribute its Happy Mellow CBD Immune Support Beverage to Over 1,500 U.S. Retail Locations
It is the first immune support CBD enhanced beverage of its kind, to be distributed to more than 1,500 retail locations across the U.S. It includes CBD shops along with small, medium, and large retail stores. Lunchbox Distribution specializes in the distribution of hemp-based products throughout the U.S.
Lenny Greene, CEO of Greene Concepts, has commented that the rising demand for CBD wellness products has prompted them to collaborate with Lunchbox, so that Happy Mellow, the premier CBD immune support beverage in the industry, can reach more shelves and better support the growing demand.
Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer
On August 18, 2022, the company announced that its Florida distributor H2O Artesian, Inc. has finalized an agreement with a major retailer with over 200 grocery stores in the Southeast United States. Now more consumers can get access to BE WATER – Greene Concepts’ flagship bottled artesian spring water. This product is part of a growing trend that offers immense health benefits and proper hydration to consumers. This new deal not only gives the company a bigger stake in the bottled water market but also helps them ensure the well-being of customers.
Technical Data
INKW stock is trading above the 20-Day and 50-Day Moving averages of $0.0118 and $0. 0065 respectively. Moreover, the stock is trading above the 200-Day moving average of $0. 0078. The company has a total market capitalization of $33.31 million. The stock is up 336% over the past month.
