NOHO INKS DEAL FOR NATIONWIDE DISTRIBUTION
April 19 2017 - 9:30AM
InvestorsHub NewsWire
Phoenix, Arizona -- April 19, 2017 -- InvestorsHub NewsWire --
NOHO, Inc. (OTC
PINK: DRNK), a Wyoming corporation (the
Company), announced the following:
The Company is pleased to announce the signing of a national
sales and distribution agreement with BNG Enterprises, Inc. (BNG),
located in Tempe, Arizona (www.bngprodx.com). The agreement
provides BNG the exclusive rights to sell the NOHO 2oz Shot
throughout its nationwide retail stores as well as online sales
through Amazon.
BNG has been a leading manufacturer in the natural foods and
supplements industry for over 20 years. BNGs products can be found
in thousands of retailers across the country. Our NOHO 2oz Shot
will now be placed into the BNG sales engine, with the ability to
be sold in national chains such as GNC and Vitamin Shoppe, in
addition to independent smoke shops, vape shops and health stores.
BNGs sales force will be putting the Shot into its national
distribution in all major markets with concentration in California,
New York and Florida.
David Mersky, NOHO's CEO stated, "NOHO is proud to announce this
deal with BNG Enterprises and is excited to begin moving product
into retail stores across the country. In addition to its core
strength in selling to retail smoke shops and vape stores, where
NOHO is a natural fit, BNG also has established relationships with
big box retailers, convenience stores and the supermarket space.
This deal brings NOHO the ability to manufacture, warehouse and
ship product through a well-established sales and distribution
partner with a stellar reputation. This is just the beginning of
what we envision to be a long-term relationship."
The Company is in the process of moving inventory to BNG for
immediate distribution. BNG will also be managing all online sales
of NOHO products through Amazon, taking advantage of a streamlined
delivery system with all of the Amazon Prime and related
benefits.
We are really excited to enter this relationship with BNG. Not
only does this put in place a solid structure to handle both retail
and online sales, but it offers NOHO a logistical solution to be
able to move the product into stores that we did not have before,
said Mersky. In terms of the near future, we are currently in talks
with a producer of cutting edge cannabis products to bring into
NOHO through acquisition. BNGs targeted distribution in the smoke
and vape shop arenas has essentially set the table for us to be
able to bring these products to market. I look forward to providing
an update on this very soon.
For additional information on NOHO please visit www.nohodrink.com and our full product site at
www.imbutek.com and at www.instagram.com/nohodrink,
as well as at www.twitter.com/nohodrink
Cautionary Note Regarding Forward-Looking Statements.
This press release contains statements that constitute
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. These statements
appear in a number of places in this release and include all
statements that are not statements of historical fact regarding the
intent, belief or current expectations of the Noho, Inc. (the
Company), its directors or its officers with respect to, among
other things: (i) financing plans; (ii) trends affecting its
financial condition or results of operations; (iii) growth
strategy and operating strategy. The words may, would, will,
expect, estimate, can, believe, potential and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are
beyond the Companys ability to control, and actual results may
differ materially from those projected in the forward
looking statements as a result of various factors. You should
not place undue reliance on forward-looking statements since they
involve known and unknown risks, uncertainties and other factors,
which are, in some cases, beyond the Company's control and which
could, and likely will, materially affect actual results, levels of
activity, performance or achievements. The Company assumes no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future. Important factors that could cause actual
results to differ materially from the company's expectations
include, but are not limited to, those factors that are disclosed
under the heading "Risk Factors" and elsewhere in documents filed
by the company from time to time with the United States Securities
and Exchange Commission and other regulatory authorities.
Investor/Media Contact:
info@nohodrink.com
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