Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer

Rhea-AI Summary

Greene Concepts Inc. (OTC Pink: INKW) announced a significant distribution agreement with H2O Artesian, Inc., enhancing the availability of its flagship product, BE WATER^TM, in over 200 grocery stores across the Southeastern U.S. This partnership aims to expand the consumer base significantly, as highlighted by Brian Adkins and Amy McNally from H2O Artesian. The deal positions BE WATER^TM favorably in a growing bottled water market, where consumption rose 4.7% in 2021, reflecting a strong trend towards healthy beverage choices.

Positive

• New distribution agreement increases BE WATER availability to 200 additional retail locations.
• Partnership with experienced distributor H2O Artesian enhances market reach and brand visibility.
• Bottled water market trends indicate strong consumer demand and growth.

Negative

• None.

Marion, North Carolina, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Greene Concepts Inc. (OTC Pink: INKW) is pleased to announce 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.  With this deal, H2O Artesian will vastly increase the number of consumers able to purchase and enjoy BE WATER^TM, Greene Concepts’ flagship bottled artesian spring water.   

As previously captured in Greene Concepts’ July 20, 2021 press release, Brian Adkins and Mike McMurray, H20 Artesian’s principal partners, lead the effort to extend the distribution and sales of BE WATER^TM in the Southeastern United States. 

Brian Adkins highlights, “H2O Artesian is extremely pleased to have captured the interest of such a well-known national retailer to carry BE WATER^TM.  The deal has been realized and we are completing final details before the retailer’s public disclosure.  I would like to thank the retailer for their exceptional service during our discussions and wish to offer our great thanks for carrying BE WATER in your stores.”

“This step will significantly expand our retail presence making the BE WATER^TM brand more accessible to our growing consumer base,” expresses Amy McNally, VP of Sales and Marketing. “I am delighted to have such a wonderful partnership with H2O Artesian, whose 30-years of beverage industry experience is creating incredible opportunities for BE WATER. We are fortunate to have this new partnership with a large regional retailer that will carry our USA-proud, North Carolina-sourced bottled spring water in their stores.”

Lenny Greene, CEO of Greene Concepts, states, “Great thanks to Brian and Mike for their strong efforts in closing a deal that magnifies the reach of our product to an additional 200 retail stores. I would like to offer my personal thanks to the retailer’s executive team for partnering with H2O Artesian to increase the availability of BE WATER^TM.” 

Mr. Greene concludes, “BE WATER^TM is part of a surging trend that offers significant health benefits and healthy hydration to consumers.  This new deal offers us a larger stake in the bottled water market to assist the well-being of our customers while bringing us closer than ever to realizing our goal of having BE WATER^TM available for purchase across the U.S.”  

Bottled water is a demanded and favored product in lieu of less-healthy beverages because of its healthiness, convenience, safety, and value according to a June 3, 2022 Supermarket News article.  U.S. bottled water consumption rose 4.7% in 2021 while its bottled water’s retail dollar sales increased by 11.2% to $40.2 billion.  Bottled water has outsold soft drinks every year since 2016. 

About H2O Artesian, Inc.

H2O Artesian, Inc. is a Satellite Beach and Melbourne, Florida based distributor that services the entire state of Florida and distributes all of Greene Concepts brands.  The company was established by Mike McMurray and Brian Adkins, who combined have over 50 years of sales and promotion expertise to retailers and consumers.

About Greene Concepts, Inc.

Greene Concepts, Inc. (http://www.greeneconcepts.com) is a publicly traded company whose purpose is to provide the world with high-quality, healthy and enhanced beverage choices that meet the nutritional needs of its consumers while refreshing their mind, body and spirit. The Company’s flagship product, BE WATER, is a premium artesian bottled water that supports total body health and wellness.  Greene Concepts’ beverage and bottling plant is located in Marion, North Carolina, and their water is ethically sourced from seven spring and artesian wells that are fed from a natural aquifer located deep beneath the Blue Ridge Mountains.  Greene Concepts continues to develop and market premium beverage brands designed to enhance the daily lives of consumers.

Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a few uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events or otherwise.

CONTACT:

Greene Concepts, Inc.

Investor Relations
IR@greeneconcepts.com

Attachments

• $INKW - Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer
• $INKW - Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer
• $INKW - Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer
• $INKW - Greene Concepts Distributor H2O Artesian Finalizes Deal With 200 Store Grocery Retailer

FAQ

What is the recent announcement by Greene Concepts (INKW)?

Greene Concepts announced a distribution agreement with H2O Artesian to sell BE WATER in over 200 grocery stores in the Southeastern U.S.

How will the new agreement impact Greene Concepts (INKW)?

The agreement is expected to significantly expand the customer base for BE WATER, making it more accessible to consumers.

What is BE WATER from Greene Concepts (INKW)?

BE WATER is the flagship bottled artesian spring water product of Greene Concepts, sourced from North Carolina.

What market trends are affecting Greene Concepts (INKW)?

The bottled water market is experiencing growth, with a reported 4.7% increase in consumption in 2021.