Coffee Holding jumps on commencing sales of CBD-infused coffee pods

Coffee Holding

26/07/2021 15:33

** Shares in coffee roaster  JVA.O  rise 6.6% to $5.65 - on
course for best day in five months
    ** Coffee Holding says Jordre Well, its 49%-owned hemp and
cannabidiol (CBD) beverage firm, has started commercial sales of
its first CBD-infused coffee pods  urn:newsml:reuters.com:*:nFWN2P210Y
    ** JVA also says it will begin accepting wholesale orders
for its Café Caribe and Harmony Bay CBD coffee pods from
existing U.S.-wide distribution network
    ** CEO Andrew Gordon says JVA intends to launch more
CBD-infused products in the near future
    ** Shares up about 47% this year

 (Reporting by Praveen Paramasivam)
 ((Praveen.Paramasivam@thomsonreuters.com;))