Welcome to our dedicated page for Grand Havana news (Ticker: GHAV), a resource for investors and traders seeking the latest updates and insights on Grand Havana stock.
Grand Havana Inc. (GHAV) delivers premium coffee products through direct sales and strategic partnerships, serving both B2B and B2C markets. This news hub provides investors and industry followers with official updates on the company’s financial performance, international expansion, and sustainability initiatives.
Access timely press releases covering earnings reports, new distribution agreements, and certifications like Rainforest Alliance and Fairtrade. Track Grand Havana’s growth in Nicaragua through its partnership with SOLCAFE, S.A., and monitor its expanding presence on platforms including Amazon and Sysco.
Bookmark this page for verified updates on coffee industry trends, product innovations, and corporate developments. All content is sourced directly from company communications to ensure accuracy and relevance for stakeholders.
Grand Havana, Inc. (GHAV) announced a strategic distribution agreement with Ambassador Foods, enhancing its coffee product reach in retail, wholesale, and B2B markets. This partnership follows an initial agreement earlier this year and will streamline Grand Havana's SYSCO coffee program portfolio. Ambassador Foods, a multimillion-dollar distributor, aims to strengthen Grand Havana's sales capabilities, particularly in South Florida. Tanya Bredemeier, President, expressed enthusiasm for the expanded partnership, highlighting Ambassador Foods' reputation for reliability and quality.
Grand Havana, Inc (OTC PINK:GHAV) has announced negotiations to acquire AM:PM City Market Corp's portfolio in Puerto Rico, which includes locations in Isla Verde and San Juan. This move aims to expand Grand Havana's presence in Latin American markets by converting these stores into Grand Havana Cafes. The acquisition may contribute over $1.25 million in sales but lacks assurance of completion. City Market Corp already features Grand Havana Coffee, indicating a strong local brand presence.
Grand Havana (OTC PINK:GHAV) has signed a license agreement with Caraf Oil to operate a Grand Havana Cafe inside the Fort Pierce Amoco Station in Florida. This new cafe will serve a variety of Grand Havana coffee products and food items. The partnership builds on a previous business relationship between the two companies. The cafe aims to expand Grand Havana's footprint, following the successful launch of other locations, including a mobile cafe and another in Key West. The company is also exploring a national license model for future growth.
Grand Havana (OTC PINK:GHAV) announced its participation at the 2021 NACS Show in Chicago from October 6-8, 2021. The company will showcase its new Grand Havana Cafe concept, featuring coffee products, sandwiches, and pastries. The NACS Show is a significant event for convenience store buyers, averaging over 23,000 attendees annually. CEO Robert Rico highlighted the company's growth in the convenience sector and its future focus on expanding this channel in 2022.
Grand Havana Inc. (OTC PINK:GHAV) recently announced an interview with CEO Robert Rico, focusing on the company’s expansion plans and collaboration with Half Moon Empanadas. Grand Havana specializes in gourmet coffee, sold through various channels including retail and food service. Rico emphasized their ambition to grow their café footprint beyond existing locations in Miami and pursue nationwide franchising opportunities. The interview hints at upcoming deals aimed at enhancing their market presence and overall growth.
Grand Havana announces a strategic collaboration with Half Moon Empanadas to enhance national brand reach. This partnership will allow Half Moon to sell Grand Havana coffee in 10 locations across Florida, including universities and supermarkets. Additionally, Grand Havana will serve Half Moon's empanadas in its cafes, creating a unique combo for customers. This agreement aims to strengthen market presence, offering an expanded product lineup and focusing on growth within established and international markets.
Grand Havana, Inc. (OTC PINK:GHAV) reported strong financial results for the second quarter of 2021, highlighting a 103% increase in total revenue and a 69% rise in product sales from its flagship Grand Havana Cafes. The gross profit margin also improved to 69%, up from 65% in Q1 2021. The company has completed all OTC Markets filing requirements and plans to announce a third cafe location soon. CEO Robert Rico expressed commitment to focusing on revenue growth moving forward.
Grand Havana, Inc. (OTC PINK:GHAV) has launched its first owned restaurant, Grand Havana Cafe, located at 1075 Duval St., Key West, Florida. This cafe offers authentic Cuban cuisine and a variety of coffee products, aiming to enhance customer experience with outdoor seating and an extended operational schedule. Key plans include increasing revenue to approximately $60K monthly through extended hours, introducing beer and wine, and featuring live entertainment. The company is also committed to a national franchise model, enhancing its growth strategy.
Grand Havana, Inc (OTC PINK:GHAV) announces the launch of a mobile coffee truck to serve gourmet Cuban-style coffee and snacks in South Florida starting April 15, 2021. This initiative aims to enhance customer accessibility by bringing high-quality coffee directly to consumers. The mobile café will move between various locations, promoting convenience and expanding market reach. The company plans to develop a franchise model for future nationwide expansion. Customers can track the truck's location via Instagram using #GrandHavanaMobile.
