Greene Concepts Stock Price, News & Analysis

Greene Concepts (OTC Pink: INKW) has acquired Stay Hemp 4 Life LLC as a wholly owned subsidiary, enhancing its presence in the sports drink market. Stay Hemp specializes in all-natural hemp-infused sports beverages. Each 20 FL OZ drink contains 20 MG of a proprietary hemp extract combined with essential vitamins. The acquisition expands Greene's product line by 600% and taps into the growing $22.37 billion sports drink industry. The drinks are free from THC, ensuring compliance with the 2018 Farm Bill.

Greene Concepts, Inc. (OTC Pink: INKW) has delivered 15,000 bottles of its Be Water to California residents affected by a severe water shortage and the Dixie Fire, the second largest wildfire in state history. Collaborating with organizations like the California Voluntary Organizations Active in Disaster, the company aims to support those without access to potable water, particularly in rural areas. CEO Lenny Greene emphasizes the importance of providing this essential resource to California communities in need.

Greene Concepts, Inc. (OTC Pink: INKW) is in discussions to acquire a sports hemp beverage company, aiming to enhance its product offerings. This strategic move targets the growing sports drink market, valued at $22.37 billion, with a CAGR of 7.8%. Approximately 60% of U.S. males and 40% of females consume sports drinks, equating to over 165 million potential customers. The acquisition could expand Greene's SKU portfolio and sales significantly, incorporating a range of hemp-infused beverages that support hydration and energy for athletes and casual users alike.

Greene Concepts, Inc. (OTC Pink: INKW) has announced a new distribution agreement with H2O Artesian, Inc. to expand BE WATER^TM sales in Florida. H2O Artesian aims to target national food and beverage retailers, with initial orders totaling five truckloads based on strong pre-sale interest. The team's combined 50 years of sales experience is expected to enhance brand recognition. CEO Lenny Greene anticipates significant revenue growth as H2O Artesian becomes the exclusive distributor in Florida and collaborates with other local distributors.

Greene Concepts, Inc. (OTC Pink: INKW) reports a significant increase in sales of its BE WATER bottled water through Amazon, facilitated by the expansion of Fulfillment by Amazon distribution centers from 19 to 23. This growth enables faster delivery to consumers nationwide, enhancing the product's accessibility via Amazon Prime. CEO Lenny Greene highlights the transition to new product labeling and the health benefits of BE WATER, aiming for broader distribution and recognition as Amazon's Choice in multiple markets.

Greene Concepts, Inc. (OTC Pink: INKW) announced a significant partnership with Camping World to distribute its premium artesian BE WATER in over 175 retail locations across 38 states. The company has secured a purchase order for two million bottles, initiating increased production schedules. Shipments are already on their way to three distribution centers in Bakersfield, CA, Lebanon, IN, and Franklin, KY. This deal highlights Greene Concepts' manufacturing capacity and taps into the growing bottled water market, projected to reach $505.19 billion by 2028 with a CAGR of 11.1%.

Greene Concepts Inc. (OTC Pink: INKW) has released a recap of its achievements from 2019 to February 2021, highlighting significant developments since acquiring a bottling plant. Key accomplishments include a $2.875 million funding transaction without dilution, a joint venture with Lucky Soul Inc., and partnerships to enhance distribution. The company paid off all debts and increased inventory distribution via Amazon. Greene Concepts also plans to apply for OTCQB placement and aims to rise through OTC Market Tiers towards NASDAQ. Notably, the company reported a 2020 revenue of $51,425 against assets of $4,837,830.

Greene Concepts Inc. (OTC Pink: INKW) announced the production of 6,000 cases of BE WATER™, ready for pickup and delivery to Amazon distribution centers. The company’s inventory is reportedly selling out quickly. CEO Lenny Greene confirmed the availability of 2,000 white labeled and 4,000 blue labeled BE WATER cases, totaling 144,000 bottles. An additional production run is planned for 12,540 cases due to high demand. Greene stated that although Amazon limits initial inventory, sales are expected to increase, enhancing the company’s market footprint.

Greene Concepts Inc. (OTC Pink: INKW) has launched a joint venture with Lucky Soul Inc. to produce and market SOULTOX, a line of wellness beverages including artesian water. This partnership aims to reach audiences in the entertainment and sports sectors, enhancing visibility for both brands. Greene Concepts will leverage existing distribution channels to broaden its customer base. The venture also emphasizes social responsibility, with a commitment to donate a portion of sales to support underprivileged communities. Both companies are focused on promoting health awareness and combating unhealthy beverage consumption.