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GREENE CONCEPTS INC NEW - INKW STOCK NEWS

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Greene Concepts Inc. (OTC Pink: INKW) is a publicly traded company focused on providing high-quality, healthy, and enhanced beverage options to consumers. The company's flagship product, BE WATER, is a premium artesian bottled water sourced from spring and artesian wells in Marion, North Carolina. Greene Concepts has recently expanded its market reach through partnerships with Tocca Life Holdings, Inc., a health and wellness company.

With a commitment to promoting health and wellness, Greene Concepts aims to meet the nutritional needs of its customers while refreshing their mind, body, and spirit. The company has made significant strides in the $4.5 trillion U.S. healthcare industry by enhancing opportunities for mental and physical clarity through its products.

By focusing on well-being and consumer marketing, Greene Concepts and its partners, including Be Climbing Inc. and Aiguille Rock Climbing Center, are at the forefront of promoting healthy lifestyle choices. The recent expansion into Walmart stores and online marketplaces has enabled Greene Concepts to reach a wider audience and increase sales of its premium beverage brands.

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Greene Concepts is working to enhance the retail presence, awareness, and sales of its BE WATER brand in Walmart stores. The company's brand ambassador, Pancho Alvarez, is focused on positioning and promoting BE WATER to ensure it meets customer needs. He aims to visit stores, confirming adequate stock and optimal display, while leveraging social media for broader outreach. CEO Lenny Greene emphasizes Pancho's role in bolstering brand perception, customer relationships, and sales growth, aligning with the company's strategic objectives for 2024 and beyond. The initiative aims for national recognition of BE WATER.

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Greene Concepts (INKW) reports significant growth in sales of its BE WATER™ brand on Walmart Marketplace. Since launching on Walmart.com on September 21, 2023, the company has seen an increase in online sales and positive customer reviews. CEO Lenny Greene highlights that Walmart Marketplace's rapid growth and efficiency have driven their sales and expanded their national reach. The company's Q3 financial report for April 30, 2024, shows improvements: sales up by 2.6%, inventory up by 4.9%, accounts receivable up by 130.2%, and accounts payable down by 65.8% compared to Q2. BE WATER is sourced and bottled in Marion, North Carolina.

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On June 7, 2024, Greene Concepts (OTC Pink: INKW) and Tocca Life Holdings (OTC Pink: TLIF) announced their feature on New to the Street, a business show with a broad reach of 224 million households weekly. The interview with Greene Concepts CEO Lenny Greene highlighted significant milestones such as Walmart shelf placement for BE WATER™, continuous Walmart purchase orders, and the expansion of Tocca Life's rock climbing centers. The broadcast, aired on Bloomberg TV, emphasized the companies' growth and market presence. Greene expressed enthusiasm about the exposure, while Tocca Life's CEO Stephen Carnes noted the importance of their partnership and future growth initiatives.

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Greene Concepts' BE WATER premium artesian spring water is now available at Walmart stores in North and South Carolina. The product has notable shelf and display placements, secured during Walmart's 2023 Open Call Event. Weekly shipments from their Marion, NC bottling plant will continue throughout the year. CEO Lenny Greene expressed gratitude for the support and noted the significant step in increasing awareness and sales. Consumers are encouraged to share their BE WATER purchases on social media.

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Greene Concepts (OTC Pink: INKW) will begin fulfilling large-scale orders for gallon-sized artesian spring water starting in June at its Marion, NC bottling plant. The company has received multiple pre-orders which will result in monthly truckloads of gallon-sized bottles. Production capacity meets current and future demands, offering sales opportunities. The company purchased two Hess Machine Ozone Generators to ensure water purity without removing natural electrolytes or minerals. The new gallon assembly line is operational, aiming to meet high demand efficiently. Greene Concepts emphasizes reliability, sustainability, and product quality, bottling water sourced from North Carolina's Blue Ridge Mountains.

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Greene Concepts Inc. (INKW) and Tocca Life Holdings partner to enhance health and wellness, focusing on fitness and hydration within the $4.5 trillion U.S. healthcare industry. Tocca Life's rock climbing centers and Greene Concepts' BE WATER brand aim to promote physical and mental well-being. With plans to expand nationally, the companies anticipate growth from increased interest in rock climbing and healthy beverage choices. The partnership signifies a synergistic approach to cater to the growing fitness market, with opportunities for consumer marketing and branding.

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Greene Concepts Inc. (OTC PINK:INKW) has received blanket purchase orders from Walmart for its BE WATER™ artesian spring bottled water brand (six-pack configuration). Orders will be shipped weekly throughout 2024 and beyond, with the first order set for pickup today or tomorrow. This development follows the recent announcement of BE WATER's shelf placement in Walmart stores and highlights a promising year ahead for Greene Concepts. With the U.S. bottled water market valued at $44.6 billion in 2023, the company is well-positioned for growth and expansion. CEO Lenny Greene expresses confidence in the long-term partnership with Walmart, emphasizing the company's commitment to meeting consumer demand and maximizing this opportunity.

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Greene Concepts Inc. (INKW) releases a corporate update letter to shareholders, highlighting the upcoming rollout of Be Water with Walmart and the positive impact it will have on the company. The gallon line business is also nearing launch, promising increased revenues. The response to the Be Water 6-pack availability has been exceptional, with continued long-term growth anticipated.
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Greene Concepts Inc. (INKW) partners with SPS Commerce, a retail cloud services leader, to enhance order management and streamline electronic ordering processes. SPS offers EDI connections to Walmart, enabling quick automation of production orders. This strategic partnership aims to expedite order fulfillment and optimize invoicing for products sold, positioning Greene Concepts to meet Walmart's requirements efficiently.
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Greene Concepts Inc. (INKW) announces the upcoming shipment of its BE WATER artesian bottled water to Walmart's distribution center, with plans for shelf placement in Walmart stores by May 17, 2024. The company has worked closely with Walmart to ensure smooth logistics and supplier standards, integrating Walmart's practices into its operations.
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FAQ

What is the current stock price of GREENE CONCEPTS NEW (INKW)?

The current stock price of GREENE CONCEPTS NEW (INKW) is $0.001 as of December 20, 2024.

What is the market cap of GREENE CONCEPTS NEW (INKW)?

The market cap of GREENE CONCEPTS NEW (INKW) is approximately 3.3M.

What is Greene Concepts Inc. known for?

Greene Concepts Inc. is known for providing high-quality, healthy, and enhanced beverage choices to consumers, with a focus on promoting health and wellness.

Where is BE WATER sourced from?

BE WATER, the flagship product of Greene Concepts, is sourced from spring and artesian wells located in Marion, North Carolina.

What recent partnership has Greene Concepts announced?

Greene Concepts recently announced a partnership with Tocca Life Holdings, Inc., a health and wellness company, to expand opportunities for mental and physical well-being.

How has Greene Concepts expanded its market reach?

Greene Concepts has expanded its market reach by securing shelf placement in Walmart stores and offering its products on Walmart Marketplace, achieving significant online sales growth.

What financial improvements has Greene Concepts experienced?

Greene Concepts has experienced increases in sales, inventory, and accounts receivable, along with a decrease in accounts payable, as noted in its recent quarterly reports.

GREENE CONCEPTS INC NEW

OTC:INKW

INKW Rankings

INKW Stock Data

3.32M
2.89B
Beverages - Non-Alcoholic
Consumer Defensive
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United States of America
Clovis