We (Coffee Hoding Company and The Jordre Well) look forward to working with OWYN to explore potential benefits and synergies for our two companies,” said Andrew Gordon, Coffee Holding’s President and Chief Executive Officer.
We start our list of the best coffee stocks to invest in with Coffee Holding Co., Inc. (NASDAQ:JVA). The New York-based company was established in 1971 and began publicly trading in 2005. Coffee Holding Co., Inc. (NASDAQ:JVA) distributes organic and green coffee through its Wholesale Green Coffee, Private Label Coffee, and Branded Coffee.
The Jordre Well, an integrated coffee roaster, product manufacturer and dealer in North America, was awarded a 3-year hemp processing license by the Ohio Department of Agriculture this week. This makes it one of 44 licensed hemp processors in the state of Ohio.
The Jordre Well is the first offspring of The Ideation Lab, a CBD umbrella company focused on building a portfolio of CBD consumer brands.
The Jordre Well will assist the Coffee Holding Company in the development and commercialization of CBD-infused line extensions for the existing coffee brands within the Coffee Holding portfolio as well as launch new brands that are intended to serve consumer demand for non-coffee CBD-infused beverages and products.
As a result of its cannabis connection, Coffee Holding (and The Jordre Well) is in the process of rolling out its line of CBD-infused coffee products under its Café Caribe and Harmony Bay brands.
A rating of 71 puts Coffee Holding Co., Inc. (JVA) near the top of the Packaged Foods industry according to InvestorsObserver. Coffee Holding Co., Inc.'s score of 71 means it scores higher than 71% of stocks in the industry. Coffee Holding Co., Inc. also received an overall rating of 41, putting it above 41% of all stocks.
“The expansion of this facility, which we hope to begin by late calendar 2021, will allow us to consolidate operations here in La Junta, which we believe will eliminate cost dualities and overheads in our other locations,” Gordon said in a company announcement.
“We are thrilled to be among the early companies to let our customers pay with a wide range of cryptos,” commented Ian James, CEO and Founder of The Jordre Well. “The Jordre Well seeks to be an innovative pioneer within the beverage sector, and this is just one small way that the Company has embraced innovation to improve customer experience.”
The Jordre Well commenced commercial sales of its first CBD-infused line extension for the Company's flagship dark roast Latin espresso brand, Café Caribe, as well as its first CBD-infused line extension for the Company's gourmet coffee brand, Harmony Bay.
Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company”) today announced its operating results for the three months and six months ended April 30, 2021
The Jordre Well’s Founder and CEO, Ian James, will present in the panel titled “Cannabinoids in Food and Beverage: Market Trends, Innovation, and What the Future Holds,” from 10:15 am – 11:00 AM on Friday, April 9th. CBD Expo Midwest 2021 is the largest regional CBD event platform to broadcast products to the community and share CBD knowledge with the industry.
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