NOHO Inc (OTCMKTS:DRNK) has made a lot of progress with the distribution of its Hangover Defense shot. The company recently announced that the product is now available in over 500 7-eleven stores across Hong Kong. Additionally, NOHO is also working with Miracle Smoke Inc to manufacture, market and distribute CBD based beverages in the US. However, the transaction would be executed once the two companies complete their due diligence, to be done before June 30.
Jay Grdina, CEO of NOHO Inc, stated that the ever growing prescence of the NOHO recovery shot in Asia is credited to the company’s marketing team in Asia. He said that they have been quite busy in building a brand presence in the region. The last year has proven to be quite fruitful in acquiring a partnership with the 7-eleven chain of stores. He also revealed that the sell rates of the product in Asia have been above expectations and the company is expecting to receive another order soon.
The distribution rights for the drink are currently held by Telford International, in Hong Kong and Macau. Telford is a company that tries to bring the latest trends from around the world to its consumers. Its latest endorsement of NOHO shows just how popular the recovery shot is. Analysts are, however, giving credit to Mr. Grdina for attracting significant media attention towards the NOHO hangover defense shot. The Hangover Defense has quickly become the no.1 selling hangover prevention shot in the market and is set to change the lifestyle of its users.
The key behind NOHO’s defense recovery shot is the boost of vitamins and minerals it gives the human body. Needless to say it is completely safe and healthy, as compared to its competitors. Additionally, it uses the body’s natural metabolism to quickly break the alcohol in your system.
NOHO Inc (OTCMKTS:DRNK) experienced trading of 49.09 million shares during the June 23 session. The stock closed at a share price of $0.0016, after gaining 6.67% during the session.