When one thinks of a popular beverage company the first company that comes to mind could be The Coca-Cola Co (NYSE:KO) but one major stride in the world today is the marijuana legalization campaign. It has generated thousands of jobs and hundreds of new companies. What do these have in common? Hemp is making a major comeback and is being used to make beverages; in particular energy drinks. Different companies that have launched hemp infused energy drinks are Totally Hemp Crazy (OTCMKTS:THCZ) and FBEC Worldwide Inc. (OTCMKTS:FBEC).
FBEC is an upcoming beverage company with intellectual property formulas and marketing capability for production and distribution of proprietary supplements, beverages, and H.E.M.P. Energy shot-drinks. The Company announced on May 21st that it has entered into a letter of intent with G. Randall & Sons Inc. to develop and package “H.E.M.P. (High Energy Massive Power),” a 2-ounce, hemp infused, five-flavored energy shot supplement similar to Five Hour Energy. The stock surged on Thursday May 21st seeing highs of $0.055 with potential gains of 175%. FBEC is on an uptrend over the last 5 days as the stock’s price is up an impressive 495.2%.
The Company also appointed as director, Darren Hamans, who has extensive experience in developing new businesses and managing businesses through ‘start-up’ to revenue-generating operations. Recently, Mr. Hamans managed the development of several hemp-based products at BAXCO Pharmaceuticals, based in California. BAXCO has been developing hemp-based products for the nutraceutical, pharmaceutical and supplement industries for 18 years of its 20 year history in the vitamin and supplement market. Mr. Hamans has been recently overseeing the formulation, manufacturing and marketing of BAXCO’s hemp-based product lines and is actively cooperating with FBEC’s beverage teams to introduce hemp extracts into FBEC functional beverages and supplements.
Companies like FBEC and THCZ are striving to one day be on the same global platform as Redbull and Monster Beverage Corp (NASDAQ:MNST) with their own twist by infusing their product with a new ingredient. Hemp is one of the oldest industries globally that dates back over 10,000 years ago. Although these companies have a long way to go before being talked about in the same breath as Redbull and Monster, there are noticeable strides that have been made in the effort of becoming a front runner in the beverage industry by implementing this new element.
About FBEC Worldwide Inc.
FBEC Worldwide, Inc. develops, markets, and distributes new age/alternative beverages and snack products. The company’s products include UnWind, a light beverage designed to relax consumers mind and body. It also engages in live entertainment business comprising live music events that include concert promotion and/or production of music events or tours, as well as talent booking services. The company was formerly known as Frontier Beverage Company Inc. and changed its name to FBEC Worldwide, Inc. in December 2014. FBEC Worldwide, Inc. is based in Cheyenne, Wyoming.