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Beverage Master Distributor and CaliPharms Execute Definitive Purchase Agreement

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CaliPharms acquires One Elite Beverage distribution and consulting contracts

Temecula, CA, Aug. 21, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE LLC -- CaliPharms, Inc. (OTC:KGET), a Development Stage Company operating in the California Medicinal Cannabis Industry, publicly trading under the OTC Markets symbol "KGET" has executed a Definitive Purchase Agreement with a Master Distributor.

With One Elite Sports as part of the CaliPharms team, the Company plans to aggressively pursue the following markets in the cannabis space.

    • CBD Beverages
    • THC Beverages
    • Full Spectrum Beverages
    • Sports Nutrition Recovery Protein Powder w/CBD
    • CBD Supplier to other companies

CaliPharms also intends to pursue non-cannabis related product lines such as…

    • Caffeinated bottled waters
    • PH+ bottled waters

CaliPharms CEO Eric Watson stated, "CaliPharms is very excited to close this transaction with One Elite Sports and have them as part of our team." Watson further stated, "We are thrilled to soon be launching a CaliPharms CBD beverage with the help of our new team members. The exploding popularity of CBD products is due to its many medicinal benefits and we believe that the beverage sector is absolutely the best delivery method. We are looking forward to bringing the highest quality CBD beverage to the mass market with the teaming of One Elite Sports and CaliPharms."

About One Elite Sports-

Our Executive management team has over 80 combined years of professional sales, marketing, operations and production experience in the beverage industry.  The team members have worked for and launched major brands with distributors including: Southern Wine and Spirits, Budweiser and Coors/Miller Distributors, Whole Foods, Pepsi, Sobe, Arizona Iced Tea, and Xyience. One Elite has motivated, goal-oriented sales teams who work hand-in-hand with major distributors to make the products successful. Our experience has enabled us to establish phenomenal networking relationships with the proper people and resources necessary to succeed in the beverage industry. 

About CaliPharms, Inc. 

CaliPharms Inc., trading under the symbol (KGET) which trades under its former name Kleangas Energy Technologies, Inc. is a development stage business. The Company currently is focused within the THC and CBD Beverage Industry.

Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as CaliPharms or KGET or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Investment into a microcap company is a high risk investment and it should only be considered if you are able to afford a total loss of the investment. Laws and Regulations of Marijuana are currently in direct contradiction between California and Federal Law and these factors should be a part of your consideration when making an investment into KGET.

Company Contact: 

CaliPharms, Inc. (KGET)

www.CaliPharmsInc.com

facebook.com/CaliPharms

twitter.com/CaliPharms

Telephone 1-949-800-6645

Email: info@CaliPharmsInc.com

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