WASHINGTON, March 13, 2017 /PRNewswire/ -- Affinity Beverage Group, Inc. (OTC PINK: ABVG), subsidiary Village Tea Company, Inc. (here-in-after "the Company") announced that it has agreed to a 50/50 joint venture partnership ("new venture") with Green Roads Wellness, LLC to develop, distribute and market a line of co-branded functional teas and potentially other organic food and beverage products that are infused with Green Roads pharmaceutical grade Hemp Oil. Green Roads (www.greenroadsworld.com) is one of the world's leading suppliers of organic cannabidiol/hemp derived CBD oil, with over 5,000 wholesale clients and over one million end users. Green Roads distributes its world-class Hemp/CBD products throughout the USA and holds its product to the highest industry standards. Green Roads products are formulated by a compounding licensed pharmacist in an ISO6 clean room to ensure the highest quality finished products. Green Roads uses a pharmaceutical-grade 99% pure cannabidiol and rich full spectrum cannabidiol oil that is packed with the nutrients from the hemp plant that highlight the beneficial properties of the plant for consumers who are looking for an alternative, natural path towards health and healing.
Village Tea Company sources high-quality, unique teas that are blended to create distinct flavor combinations which are packaged in a variety of creative and environmentally friendly ways for wholesale and retail sales. The brand has been sold in major retailers, independent specialty and grocery stores across North America. Village Tea Company products are also available through e-commerce retailers such as Amazon and the company's own website, www.villageteaco.com.
The two parties intend to leverage their collective experiences to develop a line of products that can be sold through each company's existing channels of distribution, with an emphasis on specialty grocers/retailers, health and wellness and direct to consumer. The Companies are currently working on the initial product line which will consist of a functional loose leaf tea assortment in a variety of blends, formulated to target a few key areas; Focus, Sleep/Relaxation and Energy.
In fact, the Companies are also exploring several ideas that could combine all of these fantastic products to expand into the ready to drink performance and recovery teas and other categories featuring the benefits of Green Roads world-class products.
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About Affinity Beverage:
Affinity Beverage Group, Inc. (www.affinitybeverage.com) is a holding company that focuses on branded consumer product acquisition opportunities in the $3.4 trillion health and wellness sector. Affinity primarily targets lifestyle brands, companies, and/or exclusive product distribution rights focusing on traditional and non-traditional, healthy beverage options. Affinity will also seek opportunities involving uniquely positioned young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements and potential acquisition.
About Village Tea Company:
Village Tea Distribution Company, Inc. (www.villageteaco.com) sources high-quality, unique teas with distinct flavor combinations and packages them under its Village Tea Company brand name in a variety of creative and earth-friendly ways. The Village Tea Company brand is currently sold in many major retailers throughout North America. The Company is no longer just about tea, as it is also using its unique positioning in the marketplace to create a distribution platform to introduce other complimentary health and wellness lifestyle brands and products to the US market.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.
SOURCE Affinity Beverage Group, Inc.; Village Tea Company, Inc.