Relevium Launches 30 New Bioganix® Gold Brand Products in
Walmart.com
MONTREAL, QUEBEC -- December 12, 2018 -- InvestorsHub
NewsWire -- Relevium
Technologies Inc. (TSX.V:“RLV”, OTCQB:“RLLVF” and
Frankfurt: “6BX”)
(the “Company” or “Relevium”)
is pleased to announce that it has launched 30 new exclusive
products under its Bioganix® Gold Brand in Walmart.com
On October 11, 2018, the Company
announced it was targeting to launch 30 new
products under its Bioganix® Gold Brand, which sell
exclusively in Walmart.com. The Company has launched 14 out of the
30 new products and the balance is currently under the normal
compliance review process and are expected to be live
on Walmart.com and available to
Walmart Shoppers over the next two weeks.
In addition to exclusive supplements such as
Raspberry Ketone, Acai Berry and Maqui Berry, the Company has also
launched a new line of skincare products including Vitamin C Serum,
Contour Body Cream and Polar Minerals.
“We are very excited about the addition of
30 new products to our Bioganix® Gold Line of nutraceuticals and
skin care products sold exclusively through Walmart.com. Our focus
this coming year is on creating new revenue
streams, diversifying the product offering and continuing
to elevate Bioganix® as a trusted health and wellness
brand,” stated Aurelio Useche, CEO.
“We believe that the brands that are
already established and trusted in the
Health and Wellness space will be the best positioned to win the
race to secure an important market share in hemp derived CBD
over-the-counter business. The approval of the farm bill in the US
and the imminent removal of hemp from the federal list of
controlled substances creates an amazing opportunity for
Relevium and its brand portfolio including Bioganix® and LeefyLyfe™
and our team is ready to win in this space,” stated Abis
Hussain, Chief Marketing Officer.
About Relevium Technologies
Relevium is a publicly-traded company that
operates in the health and wellness industry, including legal
cannabis, with a primary focus on online distribution. The
principal business of the Company is the identification,
evaluation, acquisition and operations of brands and businesses in
the Health and Wellness markets and medical cannabis. The Company
pursues its business strategy through an acquisition and
partnership model in a holistic approach to encompass a wide range
of health and wellness consumer products.
Relevium operates through two wholly-owned
subsidiaries:
BGX E-Health LLC
(BGX): Based in Orlando, Florida, BGX markets dietary
supplements, nutraceuticals, sports nutrition and cosmeceuticals
primarily through its Bioganix® brand portfolio in the US and
Europe. Relevium’s brands such as Bioganix® are sold at some of the world’s
largest retailers including such as Walmart.com and Amazon.com.
The Company’s strategy for growing its brands
includes expanding its product offering, adding new distribution
channels and developing partnerships that add value through
exclusive ingredients. BGX is currently testing a complete line of
dietary supplements derived from Cannabis with an initial focus on
hemp derived, whole plant organic extract rich in CBD
(cannabidiol). The product line will be marketed through its brand
LeefyLyfe® and will be sold first in Europe and then North America.
The Company uses cannabinoids and ingredients that have achieved
GRAS status (generally accepted as safe) to create brands that are
sold via wholesale channels, retail channels and online
distribution.
Biocannabix Health Corporation
(BCX): Based in Montreal, Quebec, BCX is an
entrepreneurial venture to establish a vertically integrated
medical cannabis company in the Nutraceutical space. Located in the
city of Saint Laurent, the Company is in the process of licensing
and retrofitting a facility that will host a genetically focused
cannabis growth, extraction, formulation, research and development
and encapsulation of proprietary Nutraceutical and Medical
products.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Cautionary Note Regarding
Forward-Looking Statements
This release includes certain statements and information that may
constitute forward-looking information within the meaning of
applicable Canadian securities laws. All statements in this news
release, other than statements of historical facts, including
statements regarding future estimates, plans, objectives,
assumptions or expectations of future performance, including the
timing and completion of the proposed acquisitions, are
forward-looking statements and contain forward-looking information.
Generally, forward- looking statements and information can be
identified by the use of forward-looking terminology such as
"intends" or "anticipates", or variations of such words and phrases
or statements that certain actions, events or results "may",
"could", "should", "would" or "occur". Forward-looking statements
are based on certain material assumptions and analysis made by the
Company and the opinions and estimates of management as of the date
of this press release, including the assumptions that the Company
will be able to apply for and ultimately obtain an ACMPR licence,
the proposed business of Biocannabix will develop as anticipated,
that the Company will raise sufficient funds to develop the
Biocannabix business, and that the Company will obtain all
requisite regulatory approvals. These forward-looking statements
are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially
different from those expressed or implied by such forward-looking
statements or forward-looking information. Important factors that
may cause actual results to vary, include, without limitation, the
risk that the proposed business developments may not occur as
planned; the timing and receipt of requisite approvals and failure
to raise sufficient funds.
Although management of the Company has attempted
to identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove
to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward- looking
statements and forward-looking information. Readers are cautioned
that reliance on such information may not be appropriate for other
purposes. The Company does not undertake to update any
forward-looking statement, forward-looking information or financial
outlook that are incorporated by reference herein, except in
accordance with applicable securities laws. We seek safe
harbor.
On Behalf of the Board of Directors
RELEVIUM TECHNOLOGIES
INC.
Aurelio Useche
President and CEO
For more information about this press release:
RELEVIUM TECHNOLOGIES INC
Email: investors@releviumcorp.com
Website: www.releviumtechnologies.com
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