Vitalibis, Inc. (OTCQB: VCBD) is engaged in the development and commercialization of hemp-based CBD products. Shares surged 34.55% on Tuesday, January 22, 2019. Over the past month, Vitalibis has seen an average daily volume of 5,510 shares. However, on Tuesday, 31,384 shares traded hands, equating to $46,450 in dollar volume.
Shares surged on Tuesday after Vitalibis announced it has entered into a Business Alliance Agreement with Aromatics International. Aromatics International operates globally in the development and commercialization of essential oil and natural aromatherapy products. Under the agreement, Vitalibis will “market and sell certain Aromatics International essential oil products within a newly launched Curated Products section of the Vitalibis website.” Steven Raack, CEO of Vitalibis, commented, “We will continue to identify and align with brands focused on product quality, safety and efficacy as we build a movement around personal and environmental wellness.” Here is the full press release detailing the agreement between Vitalibis and Aromatics International:
Vitalibis, Inc. Press Release:
LAS VEGAS, Jan. 22, 2019 (GLOBE NEWSWIRE) — VITALIBIS, INC. (OTCQB: VCBD), a technology based formulator of premium, full spectrum phytocannabinoid rich hemp oil products with naturally occurring cannabidiol (CBD), along with safe skincare and certified organic nutritional products, today announced it has entered into a Business Alliance Agreement with Aromatics International.
Vitalibis will market and sell certain Aromatics International essential oil products within a newly launched Curated Products section of the Vitalibis website. The purpose of Vitalibis’ Curated Products strategy is to offer additional premium, safe products to Vitalibis’ Customers and Ambassadors.
Aromatics International provides 100% pure essential oils and natural aromatherapy products, sourced in-house, from small-scale producers located in over 60 different countries around the world. Each Aromatics International product is either classified as certified organic, organically grown, or wildcrafted, depending on the producer and which classification is available to them in their local region. Purity and sustainability are top priorities to Aromatics International.
The Vitalibis Collection includes: Catching Zzz’s Blend (10ml), Focus Blend (10ml), Sunshine Blend (10ml), 1-2 Many Blend (10ml) and Breathe Clear Blend (10ml). The entire 5 blend collection will sell from $128, with individual price points ranging from $23 – $45.
Karen Williams, Owner and Head of Sourcing of Aromatics International stated, “We are inspired by the mission and vision of Vitalibis and are looking forward to interacting with an even broader community of folks dedicated to health and wellness through this new collection of our blends offered through Vitalibis. We share a commitment to product purity, quality, and sustainability that makes this next step very exciting.”
Steven Raack, CEO of Vitalibis stated, “Aligning with Aromatics International is an exciting next step for us as we continue to build out our business strategies from a technology and product standpoint. Working with Aromatics International brings to the Vitalibis community high-quality essential oils and associated educational content. We will continue to identify and align with brands focused on product quality, safety and efficacy as we build a movement around personal and environmental wellness.”
About Vitalibis, Inc.
Vitalibis is a socially conscious brand focused on people, products and the planet. We are a technology based formulator of premium, full spectrum phyto-cannabinoid rich hemp products with naturally occurring cannabidiol (CBD), along with safe personal care and nutritional products. Our Ambassador program combines the best elements of social selling, ecommerce and affiliate marketing into one – empowering our people and social mission driven ecosystem.
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements that reflect Vitalibis Inc. current expectations about its future results, performance, prospects and opportunities Vitalibis, Inc. has tried to identify these forward-looking statements by using words and phrases such as “may”, “will”, “expects”, “anticipates”, “believes”, “intends”, “estimates”, “should”, “typical”, “we are confident” or similar expressions. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties and other factors that could cause the Company’s actual results, performance, prospects of opportunities for the remainder of 2018 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements.
Article By: Andrew Rego