Greene Concepts Inc (OTCMKTS:INKW) Stock Gains Momentum
Publicly traded company engaged in providing the world with high-quality and healthy beverage choices, Greene Concepts Inc (OTCMKTS:INKW) on May 3, 2023, announced securing the interest of a number of significant warehouse club retailers for its BE WATER™ brand.
Trading Data
On Wednesday, INKW stock soared 7.27% to $0.0059 with more than 2.06 million shares, compared to volume of 3 million shares. The stock moved within a range of $0.0053 – 0.0060 after opening trade at $0.0055.
Greene Concepts Captures Interest of Major Warehouse Club Retailers
The merchants have an average nationwide membership of more than 30 million consumers. Sales activity through the enterprises ameliorates the company’s financial positioning as well as its footprint within the beverage marketplace.
Lenny Greene, CEO of Greene Concepts said that the world is witnessing the company’s higher traction in the marketplace. Greene added that discussions with major club retailershave resulted in robust interest in BE WATER as well as faith in implementing BE WATER in their chain stores. The CEO further stated that the growth has led to the immediate hiring of full-time bottling plant staff, who will be reporting to an experienced warehouse manager Ken Porter.
Mr. Greene also said that consumers will be able to get large membership warehouse clubs and buy the product. The company’s footprint is growing across the U.S. and the CEO expressed delight about the current positioning of the firm and the growth plans. Green Concepts is looking to expand the bottling plant by 20,000 square feet (to a total of 80,000 sqft). The company’s beverage and bottling plant is in North Carolina and water is ethically sourced from seven spring and artesian wells.
