Plus Products Inc. PLPRF Archives - Page 3 of 13

FridayJun 19, 2020 12:54 pm

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reports Encouraging Q1 2020 Financial, Operational Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, recently reported unaudited financial and operational results for Q1 2020 (http://ibn.fm/pBI4L). An article discussing the company further reads, “‘Our first-quarter financial results paint the picture of a much healthier business than previous quarters,’ he continued. ‘But the work is far from done. In 2020, we are focused on leveraging our core capabilities to create capital-efficient growth through known distribution channels.’ . . . According to the report filed with the Canadian Securities Exchange (‘CSE’), net revenues for the company rose from $3.2 million for…

TuesdayJun 16, 2020 11:24 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Q1 2020 Financials Reveal Company’s Overall Health, Showing Net Revenue, Gross Profit Increases

PLUS sees million-dollar increases in net revenues, gross profits; significant improvements in operating costs and cash balance. Q1 financial results paint picture of healthy company. Launch of PLUS CBDRelief brand marks company’s entrance into wellness, relief space of cannabis adult-use market. Plus Products (CSE: PLUS) (OTCQX: PLPRF), a U.S. cannabis-branded products company, announced its first-quarter financial results (http://ibn.fm/s19nX). The unaudited financial and operational results, reported for the three months ending March 31, 2020, noted an increase in net revenues and gross profits, with an improvement in operating costs and a multimillion-dollar cash balance. “The start of this year came with…

TuesdayJun 09, 2020 10:28 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Retirement of CFO, Names Successor

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced that its Chief Financial Officer, Jon Paul, will be retiring at the end of this month. According to the update, current Vice President of Finance, Nate Pearson, has been identified as his successor, while Paul, following his retirement, will continue in an advisory role to ensure a smooth transition. “Jon has played an integral role in our organization since the day he joined,” Jake Heimark, co-founder and CEO of Plus Products, stated in the news release. “The financial and regulatory environments in…

MondayJun 01, 2020 9:48 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Re-Launch of Rainbow Sherbet Cannabis-Infused Gummies for Pride 2020, SF Queer Nightlife Fund Collaboration

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in California, today announced the re-launch of its best-selling* limited edition Rainbow Sherbet cannabis-infused gummies for Pride 2020. According to the update, the Company is collaborating with the SF Queer Nightlife Fund (the “SF QNF”) as part of its commitment to strengthening and supporting the communities in which it operates and sells products. Under the collaboration, Plus Products will donate $1 per tin sold to provide direct financial relief to workers in queer nightlife in San Francisco who have been affected by the COVID-19 pandemic. “The spirit…

FridayMay 29, 2020 11:07 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reports Financial Results for Q1 2020

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis branded products company in the U.S., on Thursday released its unaudited financial and operational results for the three months ended March 31, 2020, expressed in U.S. dollars. Among other highlights, the company reported an increase in net revenues to $4.7 million in Q1 2020, representing a 46% year-over-year growth as compared to Q1 2019, as well as a 36% quarter-over-quarter growth as compared to Q4 2019. “The start of this year came with a number of difficult decisions that were made in order to accelerate our path to cash flow generation,” Jake…

FridayMay 15, 2020 3:19 pm

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) CEO Outlines Critical Company Objectives

Plus Products (CSE: PLUS) (OTCQX: PLPRF) co-founder and CEO Jake Heimark recently outlined three critical objectives the company will be focusing on throughout the coming year (http://ibn.fm/g9qEv). A recent article discussing the letter reads, “‘We have set three critical objectives as a company over the next four quarters,’ he stated. ‘1) to ensure the safety and health of our employees and customers, 2) to continue to establish ourselves as a clear, long-term leader in the California edibles space and 3) to become a cash-flow positive business.’ . . . Heimark then went on to explain that PLUS is ‘capitalized with enough…

FridayMay 08, 2020 9:25 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Posts Audited Q4, Year-End 2019 Financial Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Thursday provided its audited financial and operational results for the three and twelve months ended December 31, 2019, expressed in U.S. dollars. Among other highlights, the company reported net revenues of $13.9 million in 2019, demonstrating a 66% year-over-year growth compared to 2018 net revenues of $8.4 million. PLPRF also hosted a conference call to discuss the results, which will be available for replay on the company’s website. “In 2020, our strategic initiatives are built around three critical objectives: 1) ensuring the safety and health of our employees, customers, and partners during this…

ThursdayMay 07, 2020 9:33 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Hosting Conference Call, Webcast to Discuss Audited Q4 and Full Year 2019 Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Wednesday announced that after markets close on Thursday, May 7, the company will report its audited financial results for the fourth quarter and full year ending December 31, 2019. In addition, the company will also be hosting a conference call and webcast to discuss the financial results and recent corporate highlights on May 7 at 5 PM ET. Plus co-founder and CEO Jake Heimark and chief financial officer Jon Paul will also be conducting a question and answer session on the call. To join the call, dial (866) 220-4156 for the US and…

WednesdayApr 29, 2020 12:58 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Outlines Three Objectives for Coming Year, Reaffirms Strong Foundation as Cannabis Industry Leader

PLUS well-prepared to respond to current coronavirus crisis, says CEO Strengthening PLUS presence in the California market remains critical to becoming global cannabis brand When objectives are met, few companies will be better positioned to build global portfolio of cannabis brands Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) has identified three critical objectives to focus on in the coming year, according to a letter from PLUS co-founder and CEO Jake Heimark (http://ibn.fm/g9qEv). The letter outlines those objectives and also discusses COVID-19 and the impact it is expected to have on the company. After observing that the company is “well-prepared to respond…

MondayApr 27, 2020 9:48 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Update on Timing of Annual Filings

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Friday announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators, which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators (“CSA“) on March 18, 2020. According to the update, Plus Products will rely on this relief with respect to the filing of its annual financial statements, management’s discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. The Company will provide a further update concerning the exact timing…

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