Veritas Farms Announces Partnership With Limelight Kiosks

Rhea-AI Summary

Veritas Farms, Inc. (OTCQB: VFRM) has announced a retail distribution partnership test with Limelight Kiosks, focusing on full spectrum hemp extracts. This innovative concept allows consumers to shop for hemp/CBD products while providing valuable information. Limelight Kiosks will be placed in three major retailers in agreement with leading West Coast chains. Veritas Farms aims to enhance the shopping experience and provide retailers with a lower risk solution. The company's operations include a 140-acre farm in Colorado and a range of third-party tested products.

Positive

• Retail distribution partnership test with Limelight Kiosks to enhance consumer shopping experience.
• Products to be featured in three major retailers, increasing brand visibility.
• Retailers benefit from a lower risk, turn-key solution.

Negative

• None.

Fort Lauderdale, Florida, May 18, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Veritas Farms, Inc. (OTCQB: VFRM), a vertically-integrated agribusiness focused on the production of full spectrum hemp extracts with naturally occurring cannabinoids, is proud to announce a retail distribution partnership test with Limelight Kiosks.

Veritas Farms products will be one of a handful of feature hemp/CBD brands in this new and innovative concept. Limelight’s in-store delivery vehicle will enable consumers to shop for their favorite hemp/CBD products while obtaining valuable product and category information. Retailers will also benefit from a lower risk/turn-key solution as part of this test.

Limelight has agreements with several leading West Coast chains and the initial distribution will place these kiosks in 3 major retailers.

Mike Krouskos, Chief Revenue Officer for Veritas Farms, commented, “Limelight’s innovative system is a tremendous break-through. This test program will provide shoppers a different way of shopping for hemp and CBD products in their favorite stores. Retailers have the opportunity to benefit from the test by merchandising the products in a different way with more control and less risk.”

For additional information regarding Veritas Farms, Inc. and to purchase product online, visit www.theveritasfarms.com.

About Veritas Farms, Inc.

Veritas Farms, Inc. (OTCQB: VFRM) is a vertically integrated agribusiness focused on producing superior quality, whole plant, full spectrum hemp oils and extracts containing naturally occurring cannabinoids.  The Company currently operates a 140-acre farm and production facilities in Pueblo, Colorado, and is registered with the Colorado Department of Agriculture to grow industrial hemp.  The Company markets and sells products under its Veritas Farms™ brand and manufactures private label products for a number of leading distributors and retailers. 

Veritas Farms™ brand full spectrum hemp oil products include vegan capsules, tinctures, formulations for sublingual applications and infused edibles, lotions, salves, and oral syringes in a variety of size formats and flavors.  All Veritas Farms™ brand products are third-party laboratory tested for strength and purity.  The Company files periodic reports with the Securities and Exchange Commission, which can be viewed at www.sec.gov.

For additional information and online product purchase, visit www.theveritasfarms.com.

Veritas Farms, Inc. - Investor Contact

Toll-Free: (888) 549-7888

E-mail: ir@theveritasfarms.com

Veritas Farms, Inc. - Social Media

Instagram:  www.instagram.com/veritasfarmsofficial/ 

Facebook: www.facebook.com/VeritasFarmsOfficial/  

LinkedIn: www.linkedin.com/company/veritasfarms/

Twitter: www.twitter.com/theveritasfarms  

Cautionary Language Concerning Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  All statements, other than statements of historical fact, including those with respect to the Company’s mission statement and growth strategy, are “forward-looking statements.”  Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct.  These forward-looking statements involve many risks and uncertainties, which could cause the Company’s future results to differ materially from those anticipated.  Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all.  Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company’s filings with the Securities and Exchange Commission.  The Company assumes no obligation to update any of the information contained or referenced in this press release.

FAQ

What is the retail distribution partnership test announced by Veritas Farms?

Veritas Farms is testing a retail distribution partnership with Limelight Kiosks to enhance consumer shopping for hemp/CBD products.

When was the retail distribution partnership test with Limelight Kiosks announced?

The partnership test was announced on May 18, 2021.

Where will the Limelight Kiosks featuring Veritas Farms products be located?

The kiosks will initially be placed in three major retailers on the West Coast.

What type of products does Veritas Farms offer?

Veritas Farms offers a range of full spectrum hemp oil products, including tinctures, capsules, and lotions.

What is the stock symbol for Veritas Farms?

The stock symbol for Veritas Farms is VFRM.