QualityStocks would like to highlight Green Innovations Ltd (
OTCQB: GNIN), focused on filling a void in the eco-friendly, biodegradable product array. As the world continues to trend away from tree-based products in favor of products with smaller carbon footprints, consumers are becoming more educated about the “green” products that are available to them in the marketplace and are consequently demanding higher standards for these products. In order to help satisfy this demand, Green Innovations Ltd, through its wholly-owned subsidiary Green Hygienics Inc., is the exclusive and licensed North American distributor of American Hygienics Corporation 100% tree-free, bamboo-based product line, including personal care and paper-based goods.
In the company’s news,
Green Innovations reports that its wholly owned subsidiary, Green Hygienics, Inc., has received a purchase order from Menards for Sensational 12/400 bath tissue.
The $455,000 order will be distributed to 280 Menards stores throughout the Midwestern U.S. as Menards prepares to promote the product across various marketing channels over the next three months.
“Menards is known for offering quality products, and we are pleased that our products meet their strict standards,” Philip Rundle, CEO of Green Innovations stated in the news release. “This order is just the beginning of what we feel will be a long and fruitful relationship.”
The new distribution deal is complementary to Green Hygienics’ strategy to distribute its products to national retailers throughout the U.S. and supports the company’s initiatives to leverage the exposure to cross-sell future products.
Distribution through Menards’ network will expose the Green Hygienics’ brand to more than 65 million consumers in the Midwest, including those living in major metropolitan cities such as Chicago, Indianapolis, and St. Louis.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
