Memphis, TN – June 12, 2019 – Surge Holdings, Inc. (“Surge”) (OTCQB: SURG), developer of the SurgePays™ Network for independent retailers, today announced that it has signed an agreement with Weekend Warrior Wellness, a brand of Contigo Products, LLC, to distribute its ‘5-Hour Hemp Energy Shots,’ ‘Energy Mints with CBD’ and ‘Mint Strips with CBD’ through the SurgePays™ Retail Blockchain Network.
The impact of the agreement is already being realized, with Weekend Warrior Wellness products already shipped that are expected to generate revenue of approximately $275,000, and further products shipping next week that are expected to generate an additional $260,000 in revenue.
Brian Cox, Chairman and CEO of Surge Holdings, commented, “We are pleased to add Weekend Warrior Wellness’ CBD products to the SurgePays Network, as they address an important, high-margin and growing product category for independent retailers. We heavily researched available products and selected Weekend Warrior Wellness due to the high-quality and attractive wholesale pricing of their products. This latest agreement is consistent with our mission of empowering independent retailers as profit partners to access unique products and services through the SurgePays Network.”
“We are making rapid progress rolling out the SurgePays Network through our partnership with AATAC, one of the nation’s largest private trade associations. We expect to be in 40,000 independent retail stores upon completion of the initial rollout. By leveraging this massive distribution channel, we will be able to ensure placement of Weekend Warrior Wellness’ CBD products in thousands of retail locations and propel them to national status within an exploding industry.”
Ann Heavener, Chief Marketing Officer of Contigo Products, LLC, further noted, “We look forward to launching our ‘5-Hour Hemp Energy Shots,’ ‘Energy Mints with CBD’ and ‘Mint Strips with CBD,’ followed by a variety of other products through the SurgePays Network. Through our partnership with Surge, we expect to cost effectively access thousands of independent retailers nationwide, rather than building out our own direct sales force and distribution network. We will also benefit from immediate payment terms, advanced data analytics to improve operating efficiencies, and a comprehensive end-to-end fulfillment solution.”