Plus Products Inc. PLPRF Archives

WednesdayApr 28, 2021 11:13 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Amended Debentures Approved for Listing

Plus Products (CSE: PLUS, PLUS.DB.A) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has received final confirmation from the Canadian Securities Exchange (“CSE”) that its amended debentures have been approved for listing on the exchange. Trading is expected to resume today using the stock symbol PLUS.DB.A. Plus Products is dedicated to bringing balance to people’s lives through nature. The company accomplishes that purpose by offering high-quality products that provide consumers with consistent cannabis experiences. To view the full press release, visit https://ibn.fm/O7Rhc About Plus Products Inc. PLUS is a hemp and cannabis food company focused on…

FridayApr 09, 2021 10:47 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Limited-Edition Hash-Based Gummies, Announces Virtual Launch Event

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has unveiled a new product line: PLUS Hash Gummies. The new product is available for a limited time and was released in partnership with Biscotti Brands, a premium hash brand. The orange-blossom-flavored new gummies are infused with cold water hash extracted from the miracle alien cookies (“MAC”) flower, a hybrid strain of hash recognized for its relaxing and uplifting impact. Each PLUS Hash gummy contains 10mg of THC. Thegummies will be available at a limited number of California dispensaries and will be available online.…

ThursdayApr 08, 2021 10:11 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q4, FY 2020 Audited Financial Report

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has released audited financial and operational results for fourth-quarter and fiscal year periods ending Dec. 31, 2020. Financial highlights from the report include an increase in gross profits of 104% in 2020, totaling $5.6 million in 2020 compared to $2.8 million in 2019; cash balance of $11.6 million; an increase in net revenues of 15% from 2019, with 2020 totals reaching $15.9 million; and a 67% improvement in operating costs. The company also noted several key new product launches throughout the year, including the…

WednesdayApr 07, 2021 10:39 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Debentures Conversion

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has completed its previously announced debenture conversion. The debenture, which was due on Feb. 28, 2024, was comprised of certain 12% secured debentures. The announcement noted that the debentures were converted following the terms of the first supplemental indenture, which was dated Feb. 25, 2021, and made between Plus Products and the Odyssey Trust Company. Specifically, the debentures were converted into 5,252,631 subordinate voting shares, which were issued at a conversion price of C$0.95 per share. An additional 20,005 debentures remain outstanding; those debentures,…

ThursdayApr 01, 2021 9:40 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Partners with Eaze to Launch Cannabis Gummy

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has announced plans to work with Eaze Technologies (“Eaze”) to launch a co-branded, limited-edition cannabis gummy. Eaze is one of California’s largest delivery marketplaces for legal cannabis with more than 7 million completed deliveries. The partnership will leverage PLUS’s expertise in providing high-quality, consistent and great-tasting edibles to produce the first edible product for the Eaze Circles brand. The planned gummy will be a pink lemonade flavor and will contain 5mg of THC per gummy. According to the announcement, PLUS has been the top-selling edibles brand…

ThursdayMar 25, 2021 12:03 pm

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Updates and Planned Release of Audited Q4 and Full Year 2020 Results, Conference Call

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced that it will report its audited financial results for the fourth quarter and full year ending December 31, 2020 after markets close on April 7, 2021. In addition, the company has revised its previously issued fourth quarter 2020 guidance and provided an update regarding the upcoming debenture conversion deadline as detailed in the press release. Plus Products will host a conference call and webcast at 5:00 p.m. Eastern Time on April 7 to discuss the financial results and its recent corporate highlights.…

ThursdayMar 18, 2021 11:08 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Chief Risk Officer, General Counsel Transitions to Special Advisor to the Board

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has announced that Jennifer Tung, currently serving as both chief risk officer and general counsel, for the company will be leaving her roles although she will remain a special advisor to the Board of Directors. Tung joined PLUS in September 2018 and since that time has been a central figure in assisting the company navigate the legal cannabis industry’s regulatory requirements, guidelines and processes. She also played a key role as the company announced and completed its initial public offering as well as offering invaluable…

ThursdayFeb 25, 2021 10:55 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Debentureholders Approve Amendments; Extraordinary Meeting of Debentureholders Cancelled

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has announced that holders of the company’s 8% unsecured convertible debentures approved several amendments and resolutions. The approval came via signed instruments in writing in the form of proxy. The announcement noted that the amendments have been validly approved. Because the approval has been obtained via proxy, the debentureholder meeting scheduled for today has been cancelled. Amendments included the extension of the maturity date for debentures with maturity dates of Feb. 28, 2021; an increase of the coupon rate of the debentures from 8% to…

TuesdayFeb 16, 2021 11:51 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Strategic Expansion of Sales Force

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced a strategic shift to expand its sales team, internalize all account management and transition to a self-service distribution partner in the California adult-use market. To date, PLUS has partnered with full-service distributors, relying on a hybrid of both internal and external personnel to make up its sales force. Under the new self-service model, a member of the PLUS team will own the sales cycle for every order start to finish. “At PLUS, we are focused on bringing customers the best possible experience…

ThursdayFeb 04, 2021 10:06 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces CannRX Biosciences Partnership

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a U.S.-based cannabis and hemp-branded products company, has entered into a partnership with CannRx Biosciences (“CannRx”). Based in Tel Aviv, CannRX is a leading Israeli cannabis firm focused on the development cannabis-based botanical medicine. The partnership involves using CannRx’s proprietary onset technology, CannTrap, which is a solid nano-particle, water-soluble technology that uses proteins to increase the bioavailability of cannabinoids and terpenes. CannRx works by replicating the body’s sophisticated, protein-based transport system to facilitate improved delivery of active compounds throughout the body; CannRx developed the technology for specific use with cannabinoids. The partnership calls for…

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