NOHO Inc (OTCMKTS:DRNK) closed the week on a high after announcing plans to partner Miracle Smoke for the manufacture and distribution of Cannabidiol beverages across the country. NOHO CEO, Jay Grdina on confirming the letter of intent also confirmed they were looking forward to developing a far much superior Cannabidiol product than what is currently available in the market.
Growing Demand for NOHO Products
The two companies are planning to develop CBD pain relieving beverage products that are to be added to NOHO Inc (OTCMKTS:DRNK)’s retail distribution network. The idea behind the partnership is to dominate the category by accessing a wider marketplace across the US and emerging marketplaces across the globe.
NOHO Inc (OTCMKTS:DRNK) has been expanding rapidly, thanks to the growing consumer demand for its oz. shot. The company’s new product NOHO Gold also continues to receive positive reviews as a premium lifestyle beverage that has seen it lit up some nightclubs, bars, and restaurants.
Being energy and caffeine-free, NOHO’s product popularity continues to grow appealing to socially active people as well as people with physically fit lifestyles. Miracle Smoke CEO, David Zeuner believes their partnership with NOHO will enhance their ability to exploit the opportunities in the CBD space that have been growing with the opening up of marketplaces in the US.
Reliable Distribution Network
NOHO Inc (OTCMKTS:DRNK) has already enhanced its national and international distribution network at the back of a partnership with the likes of Bonanza Beverage, Glazers and Core mark. The company is currently distributing its products in all the 50 states across the US as well as in Spain, Mexico and Sweden among many countries
A few months back, NOHO Inc (OTCMKTS:DRNK) announced the signing of a distribution agreement with A.R Artemis that will see the company’s product being distributed in Israel.