Greene Concepts Stock Price, News & Analysis

Greene Concepts, Inc. (OTC Pink: INKW) has expanded its BE WATER distribution into Massachusetts through a partnership with Horizon Beverage, the second-largest liquor distributor in New England. H2O Artesian has commenced deliveries, including an initial truckload to service 1,600 independent retailers in the state. The collaboration aims to enhance product awareness and sales training across various retail channels. Greene Concepts emphasizes its commitment to consumer health and accessibility with its premium artesian water sourced from the Blue Ridge Mountains, anticipating growth in New England markets.

Greene Concepts, Inc. (OTC Pink: INKW) announced a significant purchase order from its distribution partner, H20 Artesian, for three truckloads of BE WATER, totaling over 119,000 bottles. This order aims to boost sales in Florida, marking a pivotal growth phase for the brand. Brian Adkins, H20 Artesian’s principal, highlighted interest from major retailers, suggesting a promising expansion. CEO Lenny Greene expressed optimism for future orders and the crucial role of distributors in achieving success. The company is also enhancing production capabilities at its Marion, North Carolina facility.

Greene Concepts, Inc. (OTC Pink: INKW) is set to launch its new Happy Mellow beverage line in early 2022. The product lineup includes three flavors: Blood Orange Acai, Lemon Lime, and Plum Punch, each infused with 20 MG of proprietary hemp extract and various vitamins. CEO Lenny Greene expressed enthusiasm for offering healthy, enjoyable options that promote wellness and stress management. The company aims to resonate with consumers seeking better beverage choices. Greene Concepts also operates a beverage plant in Marion, North Carolina, focusing on high-quality hydration products.

Greene Concepts, Inc. (OTC Pink: INKW) has extended its sponsorship of Dawson "DK" Cram for the NASCAR Camping World Truck Series, covering the upcoming Martinsville Speedway and Phoenix Raceway races on October 30 and November 5. This partnership aims to leverage NASCAR's broad visibility, enhancing brand awareness for Be Water, the company's flagship product. CEO Lenny Greene emphasized the potential market value of their continued collaboration with Cram Racing, highlighting the brand loyalty among NASCAR viewers.

Greene Concepts, Inc. (OTC Pink: INKW) is preparing to launch its hemp-infused beverage, Happy Mellow Immune Support, by the end of 2021. The hemp beverage market is projected to reach $216.8 billion by 2028, highlighting significant growth potential. The beverage features key ingredients like Vitamin C, D3, Zinc, and Selenium, and a high-water soluble hemp extract for improved absorption. CEO Lenny Greene emphasized the careful product development in compliance with FDA regulations and plans for an updated label to enhance consumer awareness.

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.