PLUS Products Discusses Strategy for Creating Top Brands in California, Model for Expansion
07 Janeiro 2020 - 10:30AM
via NetworkNewsAudio – PLUS Products Inc. (CSE: PLUS) (OTCQB:
PLPRF) today announces the broadcast of its exclusive audio
interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW)
solution that delivers clients unparalleled visibility, recognition
and brand awareness in the investment community.
The interview can be heard at http://nnw.fm/Y6Nnx.
Blake Brennan, Head of Investor Relations for PLUS, joins NNW’s
Stuart Smith to explain the Company’s highly successful business
approach and discuss its corporate milestones. PLUS is a branded
cannabis-infused products manufacturer of edibles created to
support the modern cannabis consumer.
Strategically headquartered in California, the nation’s largest
and most competitive cannabis market, PLUS is focused on producing
compliant, dosable and delicious products that provide a consistent
cannabis experience.
“In California’s cannabis market, PLUS is currently the No. 1
gummies brand with the best-selling cannabis product across all
categories,” Brennan said. “We’re excited about the commercial
success we’ve seen in the market there.”
Company management deliberately chose California for its initial
operations, knowing that if they could succeed in that market, they
could then successfully move into other markets, as the Company is
now doing in Nevada and online with its Hemp CBD line.
“We recently launched into Nevada, our second adult-use cannabis
market, and have been excited about our success there,” Brennan
explained. “We’re in over half the dispensaries within a month and
a half of being in market, and already have a Top-10 selling
edibles product.”
Additionally, the PLUS CBD product line is now available in 43
states, a move that highlighted the efficiency of Company
leadership. This is particularly important, Brennan said, in the
cannabis industry, “Where you’re navigating a hyper-growth industry
and a newly regulated industry where no one sees the full picture
clearly. Everyone is trying to sort of jump through new hoops or
avoid certain risks. It really requires nothing short of a
world-class management team, and we think that’s what we’ve put
together.”
Brennan also recapped the Company’s plan to replicate the market
dominance achieved in California to pursue opportunities in the
adult-use and recreational cannabis markets outside the Golden
State.
“We are a hyper-focused consumer packaged goods cannabis company
focused on making great food in the form of edibles,” Brennan said.
“How we expect to grow moving forward is to build a brand and a
product in the largest and most competitive market — currently
California — and make it a winner there, as we’ve done with the
best-selling product and the best-selling gummies. Our plan is to
then introduce our products to new markets. We started that in
Nevada and then going to Hemp CBD, and the early return in those
markets is that this is an effective strategy of growth.”
Listen to the full interview, visit http://nnw.fm/Y6Nnx.
About PLUS
PLUS is a hemp and cannabis food company focused on using nature
to bring balance to consumers’ lives. PLUS’s mission is to make
cannabis safe and approachable, beginning with high-quality
products that deliver consistent consumer experiences. PLUS is
headquartered in San Mateo, California, and has 80 employees.
For more information, visit the company’s website at
www.PlusProductsInc.com.
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Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks
and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.
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