Chemesis International Inc. announces collaboration with Happy Tea
Category: #business  By Akshay Kedari  Date: 2019-07-16
  • share
  • Twitter
  • Facebook
  • LinkedIn

Chemesis International Inc. announces collaboration with Happy Tea

The company will produce products of Happy Tea in its facilities based in the U.S. and will boost manufacturing as demand rises.

Chemesis International Inc. has reportedly announced that it has partnered with Happy Tea, a U.S. based provider of CBD infused shots and sachets. The partnership will allow Happy Tea to enlarge its product offering and cut costs by benefitting from Chemesis’ extraction, finished goods production and retail distribution.

Apparently, Happy Tea offers 3 products including flavored oil shots and powdered drink mixes which comprises a combination of all- antioxidants and -natural ingredients and are permeated with 10mg of CBD.  Customers can buy these products individually or subscribe to monthly deliveries, which are dispatched by e-commerce sales channels of the company throughout the United States. It will leverage multi-state operations of Chemesis to augment production capacities and build retail brick and mortar exposure through the company’s distribution.

Sources cited that Chemesis will help Happy Tea to expand its current 3 SKU’s to an extended 9 SKU’s product line. The company will produce products of Happy Tea in its facilities based in the U.S. and will boost manufacturing as demand rises. As per the partnership, Chemesis has received a $4,000,000 minimum purchase order to manufacture products and will get more orders with increase in demand. Also, the expansion of product catalogue, additional contracts of Happy Tea will be added to ensure sufficient supply. 

Jarrod Swanger, COO, Happy Tea, reportedly stated that the manufacturing and development capacities of Chemesis fits in-line with the goals of the company. With Chemesis’ capability and Happy Tea’s branding, the company has intended to own the CBD market, he further added.

Edgar Montero, CEO, Chemesis, reportedly noted that the company has been delighted to be working with Happy Tea, a developed brand which is currently in a high-growth phase. The products and vision of Happy Tea are something the company believes in and looks forward to supporting its long-term growth, he further noted.

 

Source credit: https://www.globenewswire.com/news-release/2019/07/15/1882367/0/en/Chemesis-International-Inc-Announces-Partnership-with-Happy-Tea.html

About Author

Akshay Kedari    

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More

More News By Akshay Kedari

WiseTech Global acquires U.S. logistic company Depot Systems
WiseTech Global acquires U.S. logistic company Depot Systems
By Akshay Kedari

Depot Systems will remain under MD Wally Morris’s leadership and will continue to offer container yard management solutions to its clients in the U.S. Global logistics solutions group, WiseTech Global has recently announced the acquisition of...

JPMorgan aims to expand use of blockchain to improve payment systems
JPMorgan aims to expand use of blockchain to improve payment systems
By Akshay Kedari

The company has developed a function for verifying in real time whether a payment was being transferred into a valid account Reports confirm that JPMorgan Chase is planning to expand its deployment of blockchain technology for improving the payment ...

Cafe Coffee Day (CCD) to initiate stake sale talks with Coca-Cola
Cafe Coffee Day (CCD) to initiate stake sale talks with Coca-Cola
By Akshay Kedari

Coca-Cola is trying to expand its influence in the café space as its primary product is experiencing a slump. Indian café chain operator, Coffee Day Group is reportedly seeking to restart its negotiation with beverage giant Coca-C...