The beverage-related wellness space is one of the more interesting sectors at this point, and Health Advance Inc. (OTC: HADV) is one of the companies that could be tracked in that sector. The company was in the news cycle yesterday after it made a key new announcement, and in this feature, we will take a closer look into it.
The Announcement
In the news release from the company yesterday, it was announced that Health Advance and its strategic partner, SoEquity Corporation, had decided to commence the business planning process with Southern Glazers with regards to the development of hemp-based, CBD-laced, infused beverage products. In this context, it should be noted that Southern Glazers is a noted distributor of spirits, wine, beer, and non-alcoholic items in the United States.
Further Information
The company also noted that the business plans also included the possibility of national distribution from Total Wine, ABC Fine Wine & Spirits, and ABC Fine Wine & Spirits. The company also noted that it had earlier completed testing of its CBD-laced beverages in the market and had used the Courtship Wines banner. At this point, you may consider adding the Health Advance stock to your watch lists.
