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0.0579710144927535 0.130434782608696 0.27536231884058 0.188405797101449 0.159420289855072 0.136231884057971 0.115942028985507 0.101449275362319
Stock impact report

Coffee Holding Co., Inc. to Launch CBD-Infused Coffee and Functional Beverages

Coffee Holding Co, Inc (JVA)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: coffeeholding.com
PDF STATEN ISLAND, New York, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company” or “Coffee Holding”), a leading integrated wholesale coffee roaster and dealer in the United States, today announced that the Company has entered into binding agreements (the “Agreement”) to become a 49% owner in The Jordre Well, LLC (“The Jordre Well”), a cannabidiol (“CBD”) beverage company led by founders of Cannuka, a mainstream and highly recognized CBD skin care brand, available in approximately 2,500 retail locations. Under the terms of the Agreement, The Jordre Well will assist the Company in the development and commercialization of CBD-infused line extensions for the existing coffee brands within the Coffee Holding portfolio as well as launch new brands that are intended to serve consumer demand for non-coffee CBD-infused beverages and products. To expedite time to market, The Jordre Well intends to leverage the Company’s scalable network of manufacturing an [Read more]
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