MARION, N.C., March 14, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Greene Concepts, Inc. (OTC: INKW) recently announced its
entry into the specialty beverage market and the acquisition of wholly owned subsidiary Mammoth Ventures Inc., a holding company
which includes a 60,000 sq. ft. beverage and bottling facility.
As consumers continue to search for healthier alternatives to soda that also taste great, food and beverage companies are
quickly ramping up their product lines to meet these growing demands. This has resulted in significant modernization of the
beverage category and an influx of natural, functional, and often organic beverages hitting the grocery store shelves and online
shopping web sites.
Beverage companies are taking a page from food manufacturers, utilizing natural flavors as a common ingredient. Increased
consumer demand for functional, low-sugar options is now driving innovation as the market seeks to provide creative options for
impulse purchases and specialized options for modern athletes.
Natural and organic dominate today’s market as consumers skew away from artificial and processed ingredients. Cane sugar,
honey and stevia leaf, often used in combination, are the leading options. On the ingredient side, manufacturers are
embracing FDA’s definition of natural flavor as anything that adds flavor if it’s derived from a plant or animal. Adaptogenic
herbs like ashwaghanda, rhodiola and mushrooms are joining more common botanicals like lavender and ginger as popular ingredients,
while teas such as rooibos, matcha and yerba mate grow in popularity as the base for innovative products. Athletes are
gravitating to uniquely flavored waters containing electrolytes, including potassium, calcium and sodium.
“We look forward to developing and bringing to market new and exciting beverage options for consumers that are scientifically
formulated to provide enhanced life experiences for any lifestyle,” states Susan Hewlings, PhD, RD, and Director of Scientific
Formulations for Greene Concepts Inc.
About Greene Concepts, Inc. and Mammoth Ventures Inc.
Greene Concepts, Inc. (http://www.greeneconcepts.com/) is a publicly traded company and thru its newly acquired
wholly-owned subsidiary Mammoth Ventures Inc. has entered into the specialty beverage and bottling business.
Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and
expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's
current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks
and factors that may affect the company's business prospects and cause actual results to differ materially from those described in
the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and
Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Greene Concepts, Inc.
Investor Relations
info@mammothventuresinc.com
