Code Green Apparel Explores Development of Hemp-Based Textiles to Broaden Its Sustainable Apparel Product Line
April 25 2017 - 9:00AM
Access Wire
LAGUNA BEACH, CA / ACCESSWIRE / April 25, 2017
/ Code Green Apparel Corp. (OTC PINK: CGAC) announces the
completion of the initial phases of the exploration of its newest
product line, hemp-based textiles. After months of exploration,
research and corporate customer dialogue, Code Green will begin
development of a hemp-based product line immediately in an effort
to broaden the assortment of sustainable fabrics it has to offer
customers.
Code Green is strategically positioning itself to build on its
already impressive portfolio of sustainable apparel products. The
company will incorporate the new Hemp Code line into the portfolio,
both horizontally and vertically. Management views the growth of
the newest hemp-based lineup is twofold: 1) by tactically
developing "product" in house while 2) strategically evaluating
business relationships such as partnerships and Joint Ventures with
other established companies in targeted, vertical markets.
Code Green has had many discussions with hemp suppliers,
companies and experts and will combine each potential partner's
respective expertise into a single venture. The current development
stage will commence immediately and include fabric, design and
product development in order to meet specific requests from
customers.
"Code Green is excited about this new hemp-based opportunity,
and we believe Hemp Code will provide continued growth into
selected markets. The addition of the Hemp Code product line is a
natural complement to our existing eco-friendly product lineup,"
stated George Powell, CEO of Code Green Apparel. "It is not
sufficient to offer our customers only recycled products. We strive
to create products from many sources of recycled and sustainable
textile products. We will move quickly and efficiently, yet
responsibly, to make our vision a reality. While we expect the
hemp-based product line to provide new customers, the addition Hemp
Code will not take any effort or capital away from our existing
products nor order fulfillment. We will keep you informed of
developments and opportunities as they develop."
About Code Green Apparel
Code Green Apparel Corp is dedicated to becoming an industry
leader in Sustainable Textiles through its Process of creating
Eco-friendly clothing providing corporations with Corporate Logo
Wear, Uniforms and other Eco-Friendly Sustainable Textile products.
Management boasts over 75 years of textile experience in the
apparel industry and intends to be disruptive in the market. Code
Green intends to launch a wide range of products that meet the
needs of today's consumers using upcycled textiles.
www.codegreenapparel.com
Legal Disclaimer
This press release may contain forward-looking statements
including words such as "may," "can," "could," "should," "predict,"
"aim," "potential," "continue," "opportunity," "intend," "goal,"
"estimate," "expect," "expectations," "project," "projections,"
"plans," "anticipates," "believe," "think," "confident,"
"scheduled," or similar expressions, as well as information about
management's view of Code Green Apparel's future expectations,
plans and prospects. These statements involve known and unknown
risks, uncertainties and other factors which may cause the results
of Code Green Apparel, its divisions and concepts to be materially
different than those expressed or implied in such statements. These
risk factors and others are included from time to time in documents
Code Green Apparel files with the Securities and Exchange
Commission, including, but not limited to, its Form 10-Ks, Form
10-Qs and Form 8-Ks. Other unknown or unpredictable factors also
could have material adverse effects on Code Green Apparel's future
results. Code Green Apparel cannot guarantee future results, levels
of activity, performance or achievements. Accordingly, you should
not place undue reliance on these forward-looking statements. Such
forward-looking statements should not be relied upon as indicative
of current value or as a guarantee of future results, herein, and
shall not be relied upon as a promise or representation.
In this release, we may rely on and refer to information
regarding our industry and the market for our products in general
from market research reports, analyst reports and other publicly
available information. Although we believe that this information is
reliable, we cannot guarantee the accuracy and completeness of this
information, and we have not independently verified any of it. Some
data is also based on our good faith estimates.
SOURCE: Code Green Apparel
Code Green Apparel (PK) (USOTC:CGAC)
Historical Stock Chart
From Nov 2024 to Dec 2024
Code Green Apparel (PK) (USOTC:CGAC)
Historical Stock Chart
From Dec 2023 to Dec 2024