Hip Cuisine Inc., (HIPC.PK) a growing global health food purveyor for the conscious consumer, will expand its reach into downtown Los Angeles with the first “Medidate Coffee Powered by Hip” location. The anticipated opening is set for January of 2018. Based on the agreement with Medidate Coffee signed June 15, 2017, both Hip Cuisine and Medidate Coffee will continue to open locations throughout the United States.
“The combination of a one-of-a-kind product like Medidate Coffee with the wide array of Organic Rawkin Juice and Living Gourmet foods continues to set us apart from the competition. The locations in Burbank, Santa Monica and now DTLA gives us excellent penetration in the LA area. This will also increase our delivery capabilities,” stated Natalia Lopera, CEO of Hip Cuisine.
“We picked DTLA as our first location due to the fact that DTLA is undergoing one of the largest expansions in North America. Now add the combination of Hip Cuisine’s portfolio companies, Rawkin Juice and Living Gourmet; we believe this will be a huge success and hopefully many more locations to come,” said Laith Alkhawaja, CEO of Medidate Coffee.
About Hip Cuisine
Hip Cuisine is an international nutritional value concept company and global fresh-served food purveyor for the health-conscious consumer. Based in Miami, Florida, its holdings include fusion restaurants in the Western Hemisphere known for fresh, on-demand nutritious menus and cold-pressed juices and smoothies and operates retail locations in the United States through its wholly owned subsidiary Rawkin Juice Inc.
About Medidate Coffee
A Mediterranean staple for centuries, new Medidate Coffee is unlike any other ‘coffee’ drink you’ve likely ever experienced – or ever will. Made entirely from antioxidant and protein-rich ground date seeds, pure, organic Medidate Coffee offers a cross between coffee and tea, brilliantly created to offer a calming, cleansing, high fiber ‘coffee,’ great for optimal bone and heart health.
Forward Looking Statements
This document contains forward looking statements related to the transaction and business combination between Hip Cuisine and Medidate Coffee, including statements regarding the benefits of the transaction as well as statements regarding the companies’ products and markets. Forward looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including the following: expected synergies and other financial benefits of the transaction may not be realized; integration of the acquisition post-closing may not occur as anticipated; litigation related to the transaction or limitations or restrictions imposed by regulatory authorities may delay or negatively impact the transaction; unanticipated restructuring costs may be incurred or undisclosed liabilities assumed; attempts to retain key personnel and customers may not succeed; the business combination or the combined company’s products may not be supported by third parties; actions by competitors may negatively impact results; and, there may be negative changes in general economic conditions in the regions or the industries in which Hip Cuisine and Medidate Coffee operate. Legal filings may identify and address other important risks and uncertainties that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this document. Readers are cautioned not to put undue reliance on forward-looking statements, and Hip Cuisine and Medidate Coffee assume no obligation and do not intend to update these forward-looking statements, whether as a result of new information, future events or otherwise.
HIP CUISINE INC.
2017 GlobeNewswire, Inc.