Elev8 Brands, Inc. Announces Its Hemp Coffee is Now Available on Amazon Prime
Elev8's Revenues on Amazon up 500% over previous 30 Days
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ROCKLEDGE, Fla., Nov. 30, 2017 /PRNewswire/ -- Elev8 Brands, Inc. (OTC Pink: VATE), a holding company focused on the commercial development of hemp and CBD-based products including hemp coffee, tea, and E-juices, which target the health and wellness markets, is pleased to announce that Elev8's Hemp Coffee is now approved and available for customers with Amazon Prime accounts.
Elev8 Hemp Coffee is officially fulfilled by Amazon following Elev8 Hemp Tea from earlier this month. Fulfillment by Amazon will provide quicker and cheaper delivery times allowing for greater penetration in the online market.
Chief Executive Officer Ryan Medico commented, "We are excited to now have Elev8 Hemp Coffee available for Amazon Prime subscribers. With both coffee and tea on Amazon Prime we are able to reduce costs and at the same time help eliminate unwanted shipping costs to the consumer."
Keynote speakers at the Internet Retailers Conference and Exhibition had some amazing statistics about Amazon. Four out of every $10 spent online in the U.S. is with Amazon (43%). Eighty percent of online growth comes from Amazon sales. Currently, there are approximately 80 million Amazon Prime members – that's 64% of households in the U.S. Forbes.com
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