VANCOUVER , Nov. 27, 2018 /CNW/ – Koios Beverage Corp. (KBEV.CN) (KBEVF) (the “Company” or “Koios“), is pleased to release a corporate overview of the Company’s activities in its first six months of operations, since retail sales began in May, 2018.
Koios Founder and CEO Chris Miller says the Company has enjoyed a rapid pace of growth since launching its first line of functional nootropic beverages early this year.
“Our focus in this first year has been to develop and refine our line of functional beverages, but also to build out our distribution network as quickly as possible,” Miller said. “I think we have met or exceeded the benchmarks we set for the Company on both those goals, and in addition we have zeroed in on building out our e-commerce, direct to consumer and distribution platforms as efficiently and quickly as possible.”
On the production side, Koios signed a critical agreement expanding its production capacity by partnering with Rocky Mountain Soda, a well known producer of high-end organic beverages. The partnership has allowed Koios to test small runs of new products while at the same time lowering costs for increased production.
In a similar manner, Koios signed a cooperation agreement with cannabis beverage producer Keef Brands , which accelerated development of cannabis beverages under its wholly owned subsidiary Cannavated Beverage Co.
“As a result of this flexibility Koios has been able to accelerate product development,” said Miller. “Through our wholly owned subsidiary Cannavated, we formulated the first nootropic beverage infused with CBD (cannabidiol), and we are preparing to launch beverages containing a mix of CBD and THC for the rapidly growing cannabis beverage market.
Koios is best known for the benefits of its proprietary nootropic stack of mind enhancing ingredients that improve mental acuity, memory and alertness. Miller says the agreements with like-minded companies has allowed Koios to produce other product lines quickly. These include nootropic powders that provide a higher dosage of ingredients.
The Company also announced in early September that Koios Beverage Corp. will begin production of a new line of functional beverages under the brand Fit Soda, beginning in the first quarter of 2019. The Fit Soda line of beverages are as much about taste as they are about the benefits of health supplements. “The idea was to create a beverage that gives you all the taste you expect from a quality soda product, but with none of the guilt,” Miller says. “It’s a ‘soda with benefits’.”
One of the company’s main goals over the first two quarters of operations was to increase distribution. On this front Koios has developed relationships with several major retailers and distribution networks representing thousands of outlets, including Europa Sports, Sportlife Distribution, KeHe, Wishing-U-Well, Alfalfa’s Market, Western Functional Beverages, and FC Food Co-Op.
“Increasing distribution is key to any company’s success, and we continue to push hard to get our products on more shelves,” said Miller. “Even now, we are working to sign up more major distributors to carry our brand across the US and Canada .”