Grillit Inc (GRLT)

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GRILLiT, Inc. and Whiskey Hill Smokehouse sign LOI for a Joint Venture Agreement for Natural Pet FoodPress Release | 05/29/2024

GRILLiT, Inc. (OTC PINK: GRLT) and Whiskey Hill Smokehouse, LLC (�Whiskey Hill�) are excited to announce the signing of a Letter of Intent (LOI) for a Joint Venture Agreement. The primary objective of this strategic partnership is to develop and produce Natural Dog Food and other premium pet food products, leveraging Whiskey Hill�s existing equipment and facilities. These high-quality products will be distributed within the United States, marking a significant milestone in both companies� growth trajectories.

A Shared Vision for Quality and Innovation

The joint venture aims to create a line of natural, wholesome dog food that prioritizes health, nutrition, and sustainability. By utilizing Whiskey Hill�s state-of-the-art manufacturing facilities, GRILLiT and Whiskey Hill will be providing pet owners with premium, human-grade pet food options.

The collaboration will integrate Whiskey Hill�s manufacturing facilities into a comprehensive temperature-controlled storage system. This advanced infrastructure, supported by cutting-edge technology, will ensure that pet food products maintain their freshness and nutritional value throughout the supply chain.

Direct-to-Consumer Focus: GRILLiT and Whiskey Hill recognize the importance of exceptional customer service. The joint venture will establish a direct-to-consumer distribution network, allowing pet owners to access these high-quality products conveniently.

GRILLiT is looking to redesign their brand from the past decade and move beyond traditional brick and mortar retail locations and launch new products using the latest technology that demonstrates its commitment to developing a strong business strategy. By diversifying into the pet food industry, the company aims to create sustainable revenue streams while tapping into the growing demand for premium pet products.

Whiskey Hill Smokehouse, known for its successful nationwide private label jerky business, brings expertise in food manufacturing. Their facility in Hubbard, Oregon, currently processes various jerky products, including beef, pork, turkey, venison, elk, bison, and salmon. Whiskey Hill will lead the initial phase of designing and producing Natural Raw Dog Food, ensuring the highest standards of quality and safety.


Press Release Disclaimer

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," and "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners, and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.


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GRILLiT Inc.

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https://www.otcmarkets.com/stock/GRLT/news/GRILLiT-Inc-and-Whiskey-Hill-Smokehouse-sign-LOI-for-a-Joint-Venture-Agreement-for-Natural-Pet-Food?id=442021