TOTALLY HEMP CRAZY (OTCMKTS:THCZ) posted gains of more than 20% on Tuesday’s trading session, as investors are enthusiastic about the release of its new product and website. The press release last week proudly touted both, launch of the company’s new commerce website and the introduction of the new ‘Rocky Mountain High Hemp-Infused’ beverage drinks.
As per the news, the Green Drink will be sold on Amazon.com, Inc. (NASDAQ:AMZN). The decision indicates that Totally Hemp doesn’t want to support its sales operation. The other reason can be it doesn’t have ample funds to support sales operations.
Totally Hemp confirmed that the production of the high hemp-infused drinks is going on as planned. The Energy Drink and Lemonade Iced Tea will go through the final quality assurance testing at the production facility. Once it pass the test, it will be launched this week.
Also, the final details of the new website are being completed. It will have a purchase portal that will use one of the popular fulfilment networks in the world. It is none other than Amazon. Totally Hemp entered into a fulfilment agreement with Amazon. The online retailer will pick, pack and ship the new beverage drink and deliver customer service for TOTALLY HEMP CRAZY (OTCMKTS:THCZ)’s products.
As per 2014 survey, more than 705 of companies that entered into fulfilment agreement with Amazon posted increased sales and enhanced level of customer satisfaction. Customers trust online retailer and, therefore, it is prime reason Totally Hemp wants to sell its product on Amazon.com.
The other benefit is that the products are shipped for free to buyers. Jerry Grisaffi, the Founder of Totally Hemp, said that once the hemp-infused products testing process is completed, they will be shipped to Amazon’s fulfilment centre. It would be available on the website for purchase in 14 to 21 days.