Levitee Labs (CSE:LVT) Inc, a wellness company with an established portfolio of cash-flowing wellness assets, has announced the execution of a distribution agreement with Body Energy Club, a top health supplement and vitamin store in Canada.
Under the agreement, Body Energy Club will begin offering Vancouver-based Levitee Labs (CSE:LVT)’ MONKE Mind and MONKE Body product line at select brick-and-mortar locations in Vancouver with expansion potential to all 17 retail locations in the Lower Mainland in Canada and Hollywood, California, plus the Body Energy Club e-commerce site.
Levitee's internally developed asset, MONKE Nutraceuticals, creates solution-driven products containing powerful super ingredients. The brand specializes in the development of premium functional mushroom supplements to help consumers by elevating their mind and body, which is the name of the two supplements blends it currently offers – Mind and Body.
“MONKE Mind and MONKE Body are premium, 100% organic functional mushroom supplements specifically formulated for focus, energy, and strength and immunity, vitality, and longevity,” said the company.
Founded in 2002 by Dominick Tousignant, Body Energy Club has grown into a chain of 10 corporate-owned locations and seven franchises. It offers its own brand in addition to a select group of 200 other brands.
The agreement stipulates that MONKE products will be part of the Body Energy Club Rebate program. "This is an important inclusion, as it leads to franchise locations placing orders for MONKE Mind and MONKE Body products," noted the company.
The company will be featured through in-store demos and kick off a new social media campaign to create exposure. “The social media campaign will award prizes for participants following, liking and sharing information and promotions on MONKE products and Body Energy Club,” said Levitee.
“Body Energy Club is ‘the’ health and wellness retailer frequented by hundreds of loyal customers daily in the Greater Vancouver area. It is a thrill to develop this partnership providing us valuable shelf space in their physical and virtual stores,” Levitee Labs (CSE:LVT) CEO Pouya Farmand said in a statement. “We look forward to a long relationship with their certified team of nutrition experts and opportunities for additional placements from the 180+ SKUs in our portfolio.”
Meanwhile, Body Energy Club founder Tousignant noted that his company is focused on curating product line-ups that take "the work out of it for our customers to understand which products are the best”.
“The MONKE products of Levitee Labs (CSE:LVT) align perfectly with our mission and commitment to product excellence,” added Tousignant.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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