2 Million Estimated Sales For Natural Cabana® Coconut Waters In Mainland China Cannabis Infusion Beverage Estimated Sales To Be Over $4 Million.
The Pulse Beverage Corporation (“Pulse”) (OTC PINK: PLSB) announced today that it has begun the development of a new cannabis infusion drink. It will start distributing in the coming weeks through their new USA based distribution partner, Better4U Food & Beverage, Inc.
Better4U has distribution in Taiwan and consumer demand for over 6,500 cases per month worth at least $200K per quarter in additional net revenues for Pulse. In this partnership, Better4U pays for the product up front which eliminates the credit risks for Pulse. At Pulse’s current revenue run rate, this provides a 95% improvement in annual sales which is in addition to the gains in sales estimated for Natural Cabana® Coconut Waters and the new cannabis infusion beverage.
Robert E. Yates, CEO of Pulse, said, “We are pleased to be able to offer our products in Taiwan where our partners are currently building retail storefronts that will offer our products for sale. Our partners have comprehensive consumer goods distribution relationships in the Republic of China and we are pleased to have be introduced to a population base of over 23.6 million new consumers that will have an opportunity to taste our Natural Cabana® Lemonades, Limeades & our new infuse cannabis beverage.
Source: Digital Journal