STOCK TITAN

LTNC Announces Strategic Distribution Partnership with Legacy Distribution to Expand LOCKD'IN Beverage Reach

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Labor Smart (LTNC) has announced a strategic partnership between Legacy Distribution and Next Gen Beverages to distribute LOCKD'IN products. Legacy Distribution, a subsidiary of Illumination Holdings, serves approximately 5,000 locations across Colorado, Wyoming, and parts of South Dakota, including major retailers like Walmart and Target.

LOCKD'IN is committed to producing beverages with natural ingredients and essential nutrients, avoiding artificial additives. Mike Araghi, President of Next Gen Beverages, projects annual sales of $4 to $7 million starting in November, exclusively from Legacy's distribution center serving Colorado, South Dakota, and Wyoming.

Labor Smart (LTNC) ha annunciato una partnership strategica tra Legacy Distribution e Next Gen Beverages per distribuire i prodotti LOCKD'IN. Legacy Distribution, una filiale di Illumination Holdings, serve circa 5.000 punti vendita in Colorado, Wyoming e in alcune parti del Sud Dakota, inclusi grandi rivenditori come Walmart e Target.

LOCKD'IN è impegnata a produrre bevande con ingredienti naturali e nutrienti essenziali, evitando additivi artificiali. Mike Araghi, Presidente di Next Gen Beverages, prevede vendite annuali di $4 a $7 milioni a partire da novembre, esclusivamente dal centro di distribuzione di Legacy che serve Colorado, Sud Dakota e Wyoming.

Labor Smart (LTNC) ha anunciado una asociación estratégica entre Legacy Distribution y Next Gen Beverages para distribuir productos LOCKD'IN. Legacy Distribution, una subsidiaria de Illumination Holdings, sirve aproximadamente 5,000 ubicaciones en Colorado, Wyoming y partes de Dakota del Sur, incluyendo principales minoristas como Walmart y Target.

LOCKD'IN se compromete a producir bebidas con ingredientes naturales y nutrientes esenciales, evitando aditivos artificiales. Mike Araghi, Presidente de Next Gen Beverages, proyecta ventas anuales de $4 a $7 millones a partir de noviembre, exclusivamente del centro de distribución de Legacy que atiende Colorado, Dakota del Sur y Wyoming.

Labor Smart (LTNC)는 Legacy Distribution과 Next Gen Beverages 간의 전략적 파트너십을 발표하여 LOCKD'IN 제품을 유통합니다. Legacy Distribution은 Illumination Holdings의 자회사로, 콜로라도, 와이오밍, 그리고 남다코타의 일부 지역에 걸쳐 약 5,000개의 매장을 운영하며, Walmart와 Target과 같은 주요 소매업체를 포함합니다.

LOCKD'IN은 인공 첨가제를 피하고 자연 재료와 필수 영양소로 음료를 생산하는 데 전념하고 있습니다. Mike Araghi, Next Gen Beverages의 사장은 Legacy의 유통 센터에서 제공하는 콜로라도, 남다코타, 와이오밍에서 연간 $4에서 $7백만 달러의 매출을 예상하고 있습니다.

Labor Smart (LTNC) a annoncé un partenariat stratégique entre Legacy Distribution et Next Gen Beverages pour distribuer les produits LOCKD'IN. Legacy Distribution, une filiale d'Illumination Holdings, dessert environ 5 000 points de vente à travers le Colorado, le Wyoming et certaines parties du Dakota du Sud, y compris des grands détaillants comme Walmart et Target.

LOCKD'IN s'engage à produire des boissons avec des ingrédients naturels et des nutriments essentiels, en évitant les additifs artificiels. Mike Araghi, président de Next Gen Beverages, prévoit des ventes annuelles de 4 à 7 millions de dollars à partir de novembre, exclusivement à partir du centre de distribution de Legacy qui dessert le Colorado, le Dakota du Sud et le Wyoming.

Labor Smart (LTNC) hat eine strategische Partnerschaft zwischen Legacy Distribution und Next Gen Beverages angekündigt, um die Produkte von LOCKD'IN zu vertreiben. Legacy Distribution, eine Tochtergesellschaft von Illumination Holdings, bedient etwa 5.000 Standorte in Colorado, Wyoming und Teilen von South Dakota, darunter große Einzelhändler wie Walmart und Target.

LOCKD'IN hat sich verpflichtet, Getränke mit natürlichen Zutaten und essentiellen Nährstoffen herzustellen, während künstliche Zusatzstoffe vermieden werden. Mike Araghi, Präsident von Next Gen Beverages, prognostiziert einen Jahresumsatz von 4 bis 7 Millionen Dollar, beginnend im November, ausschließlich vom Vertriebszentrum von Legacy, das Colorado, South Dakota und Wyoming bedient.

Positive
  • Strategic partnership with Legacy Distribution to expand LOCKD'IN's market presence
  • Access to approximately 5,000 retail locations, including major chains
  • Projected annual sales of $4 to $7 million from the partnership
  • Expansion into Colorado, Wyoming, and parts of South Dakota
Negative
  • None.

JACKSON, WY / ACCESSWIRE / September 11, 2024 / (OTC PINK:LTNC) Labor Smart, Inc. ("LTNC"), a premier brand development, manufacturing, and distribution company, is excited to announce a new partnership between Legacy Distribution ("Legacy") and Next Gen Beverages to distribute LOCK'DIN products across Legacy's extensive network.

Legacy Distribution, a subsidiary of Illumination Holdings, is a leading direct store distribution company serving Colorado, Wyoming, and parts of South Dakota. With access to approximately 5,000 locations, including major retailers such as Walmart, Target, Kroger, and numerous convenience and liquor stores, Legacy is well-positioned to expand LOCKD'IN's market presence.

LOCKD'IN is committed to offering beverages crafted from natural ingredients and essential nutrients, with a firm dedication to avoiding artificial flavors, sweeteners, and preservatives.

Tom Zarro, co-CEO of LTNC, stated, "We are thrilled to partner with Legacy Distribution to enhance our reach and bring our high-quality LOCKD'IN beverages to a broader audience."

Mike Araghi, President of Next Gen Beverages, added, "We look forward to collaborating with Legacy to introduce LOCKD'IN's exceptional products to their extensive network of retailers and consumers. We have reached out to several key customers and have seen tremendous interest. We project an annual sales range of $4 to $7 million, commencing in November, generated exclusively from their distribution center which serves the regions of Colorado, South Dakota and Wyoming."

About Labor Smart, Inc.

Labor Smart, Inc. is a leading company in brand development, manufacturing, and distribution. Labor Smart, Inc. is traded on the OTC markets under ticker symbol LTNC. Its main subsidiaries include Illumination Holdings and Next Gen Beverages.

About Illumination Holdings

Illumination Holdings is a vertically integrated distribution and brand incubation company focusing on creating new point-of-sales for consumer products while acquiring, innovating, and incubating brands owned by our company and clients. Boasting a distribution network of over 5000 large and small format locations ranging from independent and chain stores to hundreds of on-premise and non-traditional points of sales including high schools, hotels, commercial and government businesses.

About LOCK'DIN Beverages

LOCK'DIN™, operated by Next Gen Beverages, delivers life-changing, science-driven products formulated to provide athletes, entrepreneurs and everyday achievers safe and effective natural products that help improve performance and recovery without compromising health. The brand offers four ready-to-drink beverages, including a best-in-class hydrogen water, and a Nootropic functional Coffee.

LOCK'DIN™ is a global brand endorsed by World Famous Boxing Champion Manny Pacquiao who uses the products daily in his training regimen and is also an investor, shareholder and member of the company's Board of Directors.

Visit www.lockdin.com to try our products and experience what it means to be LOCK'DIN!

Safe Harbor Statement

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: (i) potential failure to meet projected development and related targets; (ii) changes in applicable laws or regulations that may impact our products and business; and (iii) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with OTC Markets. These and other factors may cause our actual results to differ materially from any forward-looking statement. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Contact

Investor Relations: ir@laborsmartinc.com

SOURCE: Labor Smart, Inc.



View the original press release on accesswire.com

FAQ

What is the projected annual sales range for LTNC's LOCKD'IN products through the Legacy Distribution partnership?

LTNC projects an annual sales range of $4 to $7 million for LOCKD'IN products through the Legacy Distribution partnership, starting in November.

How many retail locations will LTNC's LOCKD'IN products potentially reach through Legacy Distribution?

Through Legacy Distribution, LTNC's LOCKD'IN products will potentially reach approximately 5,000 retail locations across Colorado, Wyoming, and parts of South Dakota.

When is LTNC expected to start generating sales from the Legacy Distribution partnership?

LTNC is expected to start generating sales from the Legacy Distribution partnership in November.

Which major retailers are included in Legacy Distribution's network for LTNC's LOCKD'IN products?

Legacy Distribution's network for LTNC's LOCKD'IN products includes major retailers such as Walmart, Target, Kroger, and numerous convenience and liquor stores.

LABOR SMART INC

OTC:LTNC

LTNC Rankings

LTNC Latest News

LTNC Stock Data

25.77M
0%
Staffing & Outsourcing Services
Services
Link
United States of America