Marley Coffee CEO Brent Toevs on TheStreet.com Discussing Distribution
LOS ANGELES, May 6, 2013 /PRNewswire/ -- Marley Coffee (OTCBB:JAMN), (www.marleycoffee.com), a sustainably grown, ethically farmed and artisan roasted gourmet coffee, announced that their CEO, Brent Toevs, was interviewed on thestreet.com.
Toevs was asked how many stores the company's products are now in, and goals for the remainder of the year. "We are in almost 2,000 locations right now, and we set a goal at the beginning of the year to be in 6,000," Toevs explained. "But we think we'll be there by early fall, so we're a little ahead of schedule."
Thestreet.com's Gregg Greenberg asked about the family behind the company and whether growing ethically and organic coffee made it more expensive. "The family behind the company is very proud of what they do," Toevs stated. "We are at the premium level, but priced very competitively," he added. "Additionally, we give back to the community."
The Marley Coffee CEO also commented that the company's RealCups, their Keurig compatible product, is in the fastest growing segment of the coffee business, and that retailers are adding space to shelf these fast-moving skus.
Toevs also announced that the company has lined up a lot of new distribution deals both nationally and regionally. "Office Depot, we launched nationally. We just got our first order from Best Buy Canada. We're going into the Kroger system, which is the largest retailer in the country. Plus, we're going into a lot of really great regional retailers such as H-E-B, Shaw's and Market Basket."
"You not only have to have a great product, which we do, and a great brand name that resonates, but you have to have the distribution set up to support these sales," Toevs commented. He added that Marley Coffee is also adding international distribution and new specialty products. "We are also growing in the U.K, in Chile and Japan, and just added a Marley Coffee liquor."
"You really are jamming," host Gregg Greenberg exclaimed.
To view the interview, visit: http://www.thestreet.com/video/11912659/jammin-java-maximizing-marley.html
About Marley Coffee
Marley Coffee (corporate name Jammin Java Corp) is a US-based company that provides premium, artisan roasted coffee to the grocery, retail, online, service, hospitality, office coffee service and big box store industry. Under its exclusive licensing agreement with 56 Hope Road, the company continues to develop its coffee lines under the Marley Coffee brand. Marley Coffee is a fully reporting company quoted on the OTCBB under the symbol JAMN. Learn more at www.MarleyCoffee.com or visit the corporate website at www.JamminJavaCorp.com. Join us on Facebook at http://www.facebook.com/MarleyCoffee or follow us on Twitter at http://twitter.com/marleycoffee, where we post information that's material and non-material about the company.
This Press Release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Acts"). In particular, the words "believe," "may," "could," "should," "expect," "anticipate," "estimate," "project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements and are subject to the safe harbor created by these Acts. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. These risks and others are included from time to time in documents we file with the Securities and Exchange Commission ("SEC"), including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on our future results. Accordingly, you should not place undue reliance on these forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the Company. The Company's SEC filings are available at http://www.sec.gov
SOURCE Marley Coffee