NEW YORK, Feb. 27, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE– Life On Earth, Inc. (OTCQB: LFER) (or the “Company”) today announced that it has signed an exclusive distribution agreement (the “Agreement”) with Hemp2O, LLC, a San Francisco, CA based brand and one of the premier brands in the Hemp Beverage Category. The Agreement covers certain Northern California counties as well as the lucrative market of New York City.
This Agreement will enhance Life On Earth’s portfolio into the growing market of alternative and functional beverage category using its own Direct Store Delivery (“DSD”) systems in California and New York.
“We’re excited to join forces with one of the premier brands in the Hemp Functional Beverage Categories. Hemp2O’s social media following with founders like Bay Area native, Rapper Berner, and brand ambassadors like MMA fighting legend, Nick Diaz, are a welcome bonus when working with the seasoned executives at Hemp2O”, said the Company’s Chairman and Chief Executive Officer, Mr. Fernando Oswaldo Leonzo.
Distribution has already begun in LFER’s West Coast operations and delivery for the New York City DSD operations are expected to start by next week.
“We are pleased to expand our relationship with Life On Earth. We think that this could be something more meaningful in a relatively short period of time since there are a lot of synergies between both our companies.” concluded Mr. Joel Kleinfeld, President of Hemp2O.
About Life On Earth, Inc.
Life on Earth, Inc. (LFER) a “Naturally Better Way” consumer based Brand Accelerator Company is a dynamic and innovative all-natural consumables products company focused but not limited to the beverage and snack industry. At LFER, we have established a unique business model focused on building brands within the alternative beverage and snack space. Our brand model is complimented by our strong distribution subsidiaries. Energy Source Distributors, Inc. (“ESD”) in California and The Giant Beverage Company, Inc. in New York (“Giant”). The growth of “game changing” marketing applications, human capital resources and follow-on investments will help us deliver more fully integrated brand offerings that are good for our consumers and the environment.
About Hemp2O, LLC
Because of its many health benefits, people call hemp a “superfood.” This was the primary reason Hemp2o was created. Made from hemp seed oil, Hemp2o is fortified with a number of B Vitamins, Vitamin C, Omega-3s, and other nutrients. Omega-3 is essential to the brain, impacting behavior and cognitive function. It improves mental health by helping to insulate nerve cells, and enhances bone health by positively impacting the body’s calcium levels. Of course, the most recognized benefit of Omega-3 fatty acids is as a protector against heart disease and strokes by lowering cholesterol triglyceride levels.
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Forward-Looking Statements: This 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 Life on Earth, Inc. 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 including those relating to the Company’s financing being adequate for the Company to close this acquisition, being able to place its products in the retail stores, to launch its growth and expansion plans among others, are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Life on Earth, Inc.’s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. No information in this press release should be construed in any way whatsoever as an indication of Life on Earth, Inc.’s future revenues, financial performance or stock price. More information about the potential factors that could affect the business and financial results is and will be included in Life on Earth, Inc.’s filings with the Securities and Exchange Commission at www.sec.gov.
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