VANCOUVER , March 7, 2019 /CNW/ – Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios“), is pleased to announce that the Company has increased its production capacity by partnering with Full Metal Canning, located in Longmont, CO , in addition to its current partnership with Golden Global Goods, the parent company of Rocky Mountain Soda.
The new partnership grants the Company access to Full Metal Canning’s high-volume production line, ensuring the functional beverage manufacturer can produce a lower minimum amount of product at any given time, while simultaneously achieving the same cost-effectiveness which could otherwise be gained through mass production.
The partnerships with Full Metal Canning and Golden Global Goods will provide the Company with the available use of two canning lines in their local Colorado market. This not only allows Koios to produce twice the amount of product but it also provides for a much more rapid pace at which orders are fulfilled.
Forming these partnerships came as a result of the Company securing purchase orders with two of the largest retailers in the world, thereby increasing its retail footprint by 4,000 locations since February 2019 . Chris Miller , Founder, and CEO of Koios further explains, “This allows us to stay incredibly adept and flexible when producing our line of beverages. This advantage makes us especially unique in the beverage space as we can produce on demand without investing large sums of capital into excess inventory. This allows our team to increase its focus on marketing and consumer awareness, which is pivotal in a brand’s success. Furthermore, the relationship with Full Metal Canning is a monumental first step towards investing in further infrastructure, including our own, wholly-owned canning line.”
With the new Full Metal Canning partnership in addition to our existing partnership with Golden Global Goods, the Company can now produce up to 15,000 cases per week; moreover, this rate of production allows for the following:
- Reduced lead times;
- Reduced upfront costs;
- Creates added efficiency in COGS (Cost of Goods Sold);
- Greater control over the production process; and
- Warrants the Company to fine-tune and adjust flavors as needed.
With the recent addition of purchase orders from two of the largest retailers in the world, the Company further acknowledges the significance of on-demand production. Also, the additional canning line generates pliancy in production for the projected release of the Company’s Fit Soda™ line in Q3 of 2019.
On behalf of the Board of Directors of the Company.
KOIOS BEVERAGE CORP.
Chris Miller , CEO, and Director
About Koios Beverage Corp.
The Company is an emerging functional beverage company which has an available distribution network of more than 5,000 retail locations across the United States in which to sell its products. Koios has relationships with some of the largest and most reputable distributors in the United States , including Europa Sports, Muscle Foods USA , KeHE, and Wishing-U-Well. Koios is also the sole owner of Cannavated Beverage Corp., a subsidiary that develops beverage products and formulas for the growing CBD market. Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants. Koios products have been shown to enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity. Its ingredients are specifically designed to target brain function by increasing blood flow, oxygen levels and neural connections in the brain.