Alternative Wellness Health Inc. (OTC:EXMT) Stock In Focus After Latest News
The news about the successful signing of a new agreement is often seen as positive news by investors, and hence, it may be a good idea to keep an eye on Alternative Wellness Health Inc. (OTC:EXMT) this morning.
The company announced yesterday that it had entered into an agreement with Tonto Tribal Development for the purchase of all the flavors of Alternative Wellness Health’s CBD 15 mg Premium Water on a monthly basis. It was a significant new development for the company, and it would be interesting to see if the Alternative Wellness Health stock gets any action today or not.
It was noted in the press release that Tonto Tribal would deploy the power of its ‘C’ store connections across the Native American districts and help in the sales and distribution of the products. Initially, Tonto Tribal would work on the sales and distribution of Alternative Wellness Health’s Orange Mango and Pineapple Coconut CBD 15 mg Premium Beverages.
Tonto Tribal had already made the payment for the initial order and would place further monthly orders in due course. In the news release yesterday, it was revealed that the relationship would help in the creation of a new niche in the Native American markets, and initially it would include Tonto Tribal’s ‘C’ stores. However, Alternative Wellness also noted that there would also be a move to work on creating a market in the Native American gaming industry too.
In this context, it may be a good move to have more of an idea about Alternative Wellness as a company. The company is involved in the manufacturing and marketing of CBD health products, in addition to software applications. It also boasts a number of subsidiaries and looks out for possibilities of acquisitions as well as partnerships in the manufacturing and innovative technology sectors.