A press release published today reveals that Net Savings Link, Inc. (OTC: NSAV), has appointed Mr. Defu Cao as Chief Operating Officer of its Hemp Beer operations in China.
Mr. Cao will be personally responsible for overseeing the launch of the Company’s Tiger Hemp Beer brand in mainland China, which is scheduled for February 2018, to coincide with the Chinese New Year, “The Year Of The Dog”.
Mr. Cao is currently the head of operations for NSAV’s China Joint Venture partner, Blue Candy Brewery, Ltd. (English Translation), which presently has 134 employees and an annual production capacity of 30,000 kiloliters.
The press release goes on to say
Due to overwhelming demand and the anticipation of the launch of Tiger Hemp Beer, construction began on a new, state-of-the-art brewery in August 2017 and expects to be completed well before the Chinese New Year. The new brewery will have an annual production capacity of 100,000 kiloliters. China is the world’s largest consumer of beer.
NSAV also announced today that its subsidiary, Hemp Beer Inc., which markets and distributes Tiger Hemp Beer, has begun the registration process to brew and distribute its beer in the state of California and expects the process to be completed within two weeks. The Company views California and the entire western United States as a huge potential market for Hemp Beer.
James Tilton, president of NSAV stated, “I am thrilled that Mr. Cao has agreed to lead the China launch of Tiger Hemp Beer. He has a proven track record and since he took over Blue Candy Brewery in 2012, his results have been truly astonishing.”
Mr. Tilton went on to state, “No one can dispute the potential of Tiger Hemp Beer in China. However, I think we have the opportunity to be just as successful right here in the U.S.A.
NSAV’s vision is the establishment of a fully integrated technology company that provides turnkey technological solutions to the legal medical cannabis and hemp industries, as well as other areas of the medical industry. Over time, the Company plans to provide a wide range of services such as software solutions, e-commerce, advisory services, financial services, patents and trademarks and information technology.