SIGNS AGREEMENT WITH INNOVATIVE ONLINE RETAILER
New Age Brands Inc. (NF.C) has entered into a drop ship agreement with the Grown Depot with respect to its two fully owned subsidiaries, We Are Kured LLC and Drink Fresh Water LLC. Under the terms of the agreement, The Grown Depot will sell the Company's products through their website ( www.TheGrownDepot.com ) while the Company will facilitate the shipment of orders through their Denver, Colorado warehouse.
Benjamin Martch, New Age Brand's Chief Marketing Officer and founder and Chief Executive Officer of Kured stated: "The Grown Depot has been nothing but impressive in our newly formed relationship. We are excited to see what comes out of this new sales strategy!"
About New Age Brands
New Age Brands is an agricultural services company offering unique turnkey growing infrastructure and services for licensed growers and processors of luxury marijuana crops at its agri-campuses in Washington State. In November 2012, the Washington State Liquor and Cannabis Board ("WSLCB") passed Initiative 502 ("I-502"). I-502 authorized the WSLCB to regulate and tax recreational marijuana products for persons over twenty-one years of age and thereby created a new industry for the growing, processing and selling of Washington State-regulated recreational marijuana products. New Age Brands provides innovative solutions for growers and processors in this burgeoning industry.
About We Are Kured, LLC
Kured is a wholly owned subsidiary of New Age Brands, acquired in December 2017. Kured is building an innovative online CBD and lifestyle company. Kured has partnered with best in class hemp cultivators, edible manufacturers, cutting edge product formulators to develop, market and distribute multiple lines of CBD products including, but not limited to, CBD vaporizer pens, topicals, gel capsules and more. All of Kured's products are 100% THC free and will be available for purchase internationally. THC, or tetrahydrocannabinol, is the primary active ingredient in cannabis.