GenTech Prepares for Q1 Launch of Nespresso ® Compatible CBD-Infused Coffee Product
2020年1月28日 - 10:30PM
InvestorsHub NewsWire
GenTech
Prepares for Q1 Launch of
Nespresso ® Compatible
CBD-Infused Coffee Product
NEW YORK, NY --
January 28, 2020 -- InvestorsHub NewsWire
-- GenTech Holdings, Inc. (OTC
PINK:
GTEH) ("GenTech" or the "Company"), an
emerging leader in the high-end CBD food and drinks
marketplace, Nespresso® compatible
CBD-infused
& non-CBD-infused premium
coffees, which will augment and
complement the Company's existing
"Secret
Javas" subscription package
offering.
"This is a potentially
game-changing product," commented David
Lovatt, CEO of GenTech. "There's really nothing out
there that can compete with our upcoming offering in terms of the
consumer experience. We are responding to our research in this
space – and we think we understand infused premium coffees as well
as or better than just about anyone else out there.
We
plan on rolling out
some spectacular flavor themes, including seasonal flavor specials.
Imagine 'Pumpkin Coffee Blend' at Halloween, or Summer Fruit Teas
during the summertime."
As recently announced,
GenTech
is augmenting
its new
"Secret Javas" high-end subscription package, with
a
Nespresso®
compatible version
that will include a promotional campaign in which
the first 500
customers to sign up and pay for an annual subscription plan
for GenTech's Secret Javas
Nespresso®
package will each
receive a free Nespresso® compatible coffee
machine.
The overall plan for this
version is the same as the Company originally announced: The
"Secret
Javas" high-end coffee subscription package comes in both CBD and non-CBD versions of
each delicious flavor. Otherwise, the package
includes a supply
of three (3) pounds of coffee each month. Two of the coffees will be
selected by the customer, who is invited to mix and match blends
from a menu of top-quality roasts, including standard roast, dark
roast, CBD, and non-CBD types. In addition to these, the Company
will select and ship a third coffee variety for the customer each
month from its "Secret Javas" list.
"We are positioned at the
intersection of two very significant trends with this package
offering," continued Lovatt. "The CBD market is still booming, with experts
predicting another year of triple digit expansion. And
the Global Coffee
Pod and Capsule itself is projected to double
over coming years according to the research we
receive. We
are talking about two different but highly compatible multi-billion
dollar markets with very little competitive overlap. And these are
both markets where we feel we have in-house knowledge capital that
represents a strong competitive edge."
The Company currently plans to
fully launch this product offering in early March 2020.
About GenTech Holdings,
Inc.
GenTech Holdings, Inc. is a publicly
traded company under the symbol
GTEH. The company is creating a national chain of Hemp Centric
Coffee Shop Retail Spaces where patrons can relax, drink CBD
infused Teas and Coffees, try various own-brand products and
experience holistic education and classes. The company
is also building an extensive outreach program working with medical
practitioners across the country in their own locations to educate
their patients and increase awareness of the benefits of THC free
CBD Products. All of this is offered under the brand 'The Healthy
Leaf'.
Forward-Looking Statements
This press release
may contain forward-looking statements, including information about
management's view of GenTech, Inc.'s future expectations,
plans and prospects. In particular, when used in the preceding
discussion, the words "believes," "expects," "intends," "plans,"
"anticipates," or "may," and similar conditional expressions are
intended to identify forward-looking statements. Any statements
made in this news release other than those of historical fact,
about an action, event or development, are forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors, which may cause the results
of GenTech, its subsidiaries and concepts
to be materially different than those expressed or implied in such
statements. Unknown or unpredictable factors also could have
material adverse effects on GenTech's future results. The
forward-looking statements included in this press release are made
only as of the date hereof. GenTech cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, GenTech undertakes no obligation to
update these statements after the date of this release, except as
required by law, and also takes no obligation to update or correct
information prepared by third parties that are not paid for
by GenTech.
Corporate Contact:
invest@gentech.group
www.gentechholdings.com
Press & Media Inquiries:
EHC Branding Agency
Info@EHCBrandingAgency.Com
(626) MJ-BRAND
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