CBD Processing License Awarded to Courtship Wines Division of Health Advance, Inc

Rhea-AI Summary

Health Advance, Inc. (OTC PINK:HADV) has received licensing approval from New York State for its CBD infused beverages through its joint venture, Courtship Wines. This marks a significant milestone in the company's strategic development since 2021, enabling them to launch their CBD product line. The management indicates that adequate funding is secured, and initial orders are already in place. Upcoming announcements will detail product offerings, including flavor and packaging, as the company activates its manufacturing processes.

Positive

• Received New York State license for CBD beverage production.
• Initial orders for products have already been secured.
• Adequate funding is in place for product launch.

Negative

• None.

Proprietary Infusion Techniques for a Burgeoning Market

NEW YORK, NY / ACCESSWIRE / May 12, 2022 / Health Advance, Inc (OTC PINK:HADV) www.HealthAdvanceGroup.com is able to now begin production of its CBD infused beverages, thanks to New York State granting the appropriate License to Courtship Wines, a joint venture division of HADV, under the state's Cannabinoid Hemp Program.

Health Advance's Courtship Wines initiative was introduced to Health Advance shareholders in June of 2021. Management of Health Advance and Courtship Wines had been developing CBD project variations, behind-the-scenes, in response to consumer feedback of pre-production elements. These included product name options, packaging alternatives, flavor direction, pricing strategy, distribution channels, etc. Obtaining formal government regulatory consent to proceed has been a major aspect of this preparatory phase for the new project and is a significant milestone.

Health Advance will be unveiling further details on all these subjects in coming weeks as the manufacturing process is activated, and sales begin. During this period, an initial product website will go live, and new social media accounts will be activated. Health Advance has secured adequate funding to carry out the tasks required of it to take the launch of its CBD product line through its stages of growth.

President of Health Advance, Larry McLachlin, remarks, "There are many people to thank for this huge development. As we ramp-up our public communications, more background will be given. The most important thing for shareholders to know is that this is definitely happening. There is nothing left to stop us. Best of all, we already know that our CBD products will sell - because we already have orders!"

ABOUT HEALTH ADVANCE INC

In 2021, Health Advance committed, via new management, to innovate service to its markets. Health Advance is now a Current Information tier filer with OTC Markets in the Alternative Reporting Guideline category. Through a joint venture subsidiary, Courtship Wines, Health Advance Inc will be launching CBD infused beverages and other products. Additional joint ventures have been announced and are under development. Health Advance Inc is organizing these initiatives in part with external organizations, including Winning Brands Corporation, in a strategic consulting role.

Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

CONTACT:
Larry McLachlin, President
Health Advance, Inc
9131 Keele Street, Suite A4
Vaughan, Ontario L4K 0G7
(705) 733-7098
President@HealthAdvanceGroup.com
www.Twitter.com/HADVPresident

SOURCE: Health Advance, Inc

View source version on accesswire.com:
https://www.accesswire.com/701087/CBD-Processing-License-Awarded-to-Courtship-Wines-Division-of-Health-Advance-Inc

FAQ

What new product line is Health Advance launching?

Health Advance is launching a line of CBD infused beverages through its joint venture, Courtship Wines.

When did Health Advance receive licensing approval?

Health Advance received licensing approval from New York State for its CBD infused beverages on May 12, 2022.

What is the stock symbol for Health Advance?

The stock symbol for Health Advance is HADV.

What does the licensing approval mean for Health Advance?

The licensing approval allows Health Advance to begin production and sales of their CBD infused beverages.

How has Health Advance prepared for the product launch?

Health Advance has developed various project elements and secured funding to support the launch of their CBD product line.