Monday, January 27, 2020

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reaches Significant Milestones, Already Has Top-10 Product Two Months after New Market Entry

  • PLUS presents at Cannabis Industry Virtual Investor Conference
  • Plus Products cracks top-10 edibles product list within two months of expanding into Nevada market
  • Company continues expansion by launching into the fast-growing national hemp CBD space
After bringing successful edible cannabis products to market, Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) has steadily increased revenues in the last few years. The company offers the best-selling cannabis product, PLUS UPLIFT Sour Watermelon Gummies, in California, the country’s most competitive state for cannabis companies.
On January 9, the Cannabis Industry Virtual lnvestor Conference was held for an audience of investors, analysts and advisors. The webinar featured presentations from a number of leading players in the cannabis industry, including PLUS. PLUS officials were allotted 30 minutes to present so that investors could receive insight into the dynamic cannabis industry from one of the market’s strongest companies (http://nnw.fm/2cQ6u).
In addition, Blake Brennan, PLUS’s head of investor relations, was recently featured on a NetworkNewsAudio interview. In the interview (http://nnw.fm/4T3tN), Brennan noted that PLUS has the “no. 1 gummies brand here in California with the best-selling cannabis product across all categories.” This ranking is according to BDS Analytics, a third-party company that tracks cannabis products and provides accurate insights to consumers.
In the interview, Brennan explained key milestones that the company set out to achieve. “We wanted to build a brand and a product in the largest and most competitive market, make it a winner there, which we’ve done with the best-selling product and the best-selling gummies brand, and then bring it to new markets,” he said. With recent expansion into new markets, Plus Products has taken large leaps forward in this plan.
PLUS launched into the national hemp CBD space, which is forecast to be a market upward of $20 billion dollars by 2022. The full product line is available at PlusProducts.com.
PLUS also began selling its products in Nevada; those products are now available in more than half of the state’s dispensaries. According to Headset, another third-party company that provides real-time insights on cannabis products, PLUS had a top-10 edibles product in Nevada within a month and a half of being on the shelves. Currently the PLUS CBD product line is available in 43 states.
Headquartered in San Mateo, California, 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, which begins with high-quality products that deliver consistent consumer experiences.
For more information, visit the company’s website at www.PlusProducts.com
NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://nnw.fm/PLPRF
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