Greene Concepts Inc (OTCMKTS:INKW) Stock In Focus After Recent News
Greene Concepts Inc (OTCMKTS:INKW) on May 18, 2023, announced that through the partnership with H2O Artesian, it is selling BE WATER™ brand of bottled water through KeHE Distributors. KeHE is the biggest distributor of organic, natural, specialty, and fresh products in North America with over 70,000 SKU’s supplied to 30,000 stores.
Trading Data
On Thursday, INKW stock increased 2.56% to $0.0060 with more than 4.31 million shares, compared to its average volume of 2.44 million shares. The stock moved within a range of $0.0057 – 0.0061 after opening trade at $0.0058.
Greene Concepts Confirms New Distribution Channels Through Large National Distributor KeHE Distributors
Mike McMurray and Brian Adkins, H2O Artesian’s principal partners, are managing the relationship of KeHE and have launched the sale of BE WATER six-packs through an initial reach of 150 stores.
Mike McMurray said that this is a huge achievement for H2O Artesian and Greene Concepts, connecting the firm with a mammoth distributor having industry expertise. Murray added that the initial locations serviced will include Colorado, Arizona, Florida, California,Indiana, Georgia,Massachusetts, Illinois,Ohio, Michigan,Pennsylvania, Oregon,South Carolina, Texas, and Virginia.
Brian Adkins, also Greene Concepts’ National Sales Director said that BE WATER is part of KeHE’s NEW@KeHE™ program and a team of over 300 KeHE sales team members will ensure BE WATER gets into shelves of even more retailers nationwide.
Lenny Greene, CEO of Greene Concepts said that partnership with a globally reputed distributor will enable the firm to reach its growth milestones through aggressive growth. Green expressed gratitude to KeHE and its staff for the wonderful opportunity and the new connection is one of the significant achievements for the firm.
