Plus Products Inc. PLUS Archives - Page 2 of 2

ThursdayJan 17, 2019 9:52 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Launches Fourth Edition of Consumer Favorite Pink Lemonade Cannabis-Infused Gummies, National Parks Foundation to Receive Portion of Proceeds

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it will create the fourth limited edition of its infused gummies - Pink Lemonade. Available for a limited time at select California dispensaries, a portion of this year’s launch proceeds will be donated to the National Parks Foundation. The Pink Lemonade product strikes a balance between sweet and tangy, providing a twist on a classic flavor and precise dosing of 3.5mg of THC and 1.5mg CBD. “Many people ask us how we come up with our new limited-edition flavors and the answer is, our customers. Pink…

FridayJan 11, 2019 12:37 pm

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reinforces its Position in the California Edibles Space through Acquisition

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) recently reported the completion of the acquisition of GOOD CO-OP Inc., a California-based cannabis-infused baked goods brand. A recent article discussing the company reads, “This acquisition is expected to enable Plus to solidify its top position in the edibles field (http://ibn.fm/B7bwv). … The acquisition is valued at approximately C$2.03 million and will be satisfied through the issuance of 357,464 restricted subordinate voting shares of Plus. … Currently, Plus ranks as the leading edibles brand in California, and its primary focus is within one of the largest edibles categories – gummies.…

TuesdayJan 08, 2019 11:14 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Solidifies Leading Edibles Position in California with Acquisition of Cannabis-Infused Baked Goods Manufacturer

In December 2018, Plus Products finalized the acquisition of GOOD CO-OP to further cement its leadership position within the California cannabis-infused edibles field Through the acquisition, Plus will gain quick access to the baked edibles market – one of the most rapidly growing niches in the space The CAGR of cannabis-infused baked goods for the coming five years is forecast at 14.12 percent, and the overall edibles market is expected to exceed $3 billion Plus Products Inc. (CSE: PLUS) announced in December 2018 that it had finalized the acquisition of GOOD CO-OP Inc. – a California-based cannabis-infused baked goods brand.…

FridayDec 14, 2018 9:15 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) Finalizes Acquisition of Cannabis-Infused Baked Goods Brand

Leading California edibles manufacturer Plus Products (CSE: PLUS) recently announced that it has successfully completed the acquisition of all the assets of GOOD CO-OP, INC. Per the terms of the agreement between the California-based cannabis-infused baked goods brand, its securityholders’ agent and the company, PLUS issued 357,464 subordinate voting shares to the shareholders and holders of simple agreements for future equity of GOOD at a valuation of approximately CAD$2,030,000. Of the subordinate voting shares issued, 323,451 subordinate voting shares are subject to an earn-out as previously disclosed. “At PLUS we believe in executing quickly and are pleased we were able…

MondayDec 03, 2018 11:19 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) Solidifies Leading Position in Edibles with Acquisition of Cannabis-Infused Baked Goods Brand GOOD CO-OP

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) this morning announced its entry into a definitive agreement to acquire the assets of California-based cannabis-infused baked goods brand GOOD CO-OP, Inc. in an all share transaction. The acquisition, valued at approximately C$2.03 million, represents PLUS’s strategic entry into baked goods, the third-largest edibles category, after reaching the top edibles position with only four full-time products. “When Pete and I started GOOD, our mission was to make the best cannabis baked goods products in the world,” GOOD CEO and Co-Founder Mike Appezzato stated in the news release. “Manufacturing consistent cannabis food…

FridayNov 30, 2018 10:09 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) Releases Q3 2018 Financial Results, Reports Record Revenue Growth of 617 Percent to $2.5M

Leading California edibles manufacturer Plus Products (CSE: PLUS) this morning announced its financial results for the three months ended September 30, 2018. The update provided Q3 2018 financial highlights, including: Record revenue of $2.56 million, reflecting a 617 percent increase over the three months ended September 30, 2017 and a 60 percent increase over Q2 2018; quarter-over-quarter retail sales growth of 104 percent to $8.0 million in Q3; gross margin of $0.38M (15 percent) for Q3 2018 compared to -$0.17M (-48 percent) in Q3 2017; strong cash position of $11.1 million at end of Q3, prior to closing of CAD$20…

TuesdayNov 20, 2018 12:17 pm

QualityStocksNewsBreaks – Why Plus Products Inc. (CSE: PLUS) is “One to Watch”

Plus Products (CSE: PLUS) is a branded cannabis-infused products manufacturer headquartered in San Mateo, California. The company focusses on creating edibles using extracts to ensure compliant, consistent products. A recent article discussing the company reads, “Operating in the largest adult-use recreational market in the U.S., PLUS Products holds a temporary manufacturing license in California and was one of the first brands to bring fully compliant products to the legal market. California legalized adult use recreational sales on Jan. 1, 2018, and industry analysts expect edible sales there will continue to amass enviable revenues. According to BDS Analytics, edibles made up…

WednesdayNov 14, 2018 9:36 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) Ranked #1 Best-selling Edibles Brand in California

Plus Products (CSE: PLUS) today announced that PLUS™ has been named as the #1 best-selling cannabis-infused edibles brand in California according to both BDS Analytics’ and Headset’s Q3 2018 retail sales data. Last year, the company was ranked as one of the 50th best brands in California, the most competitive cannabis market in world. In the second quarter of 2018, the company had climbed its way up to #4. Per BDS Analytics, the company’s market position soared from #4 to #1 in retail value of sales after it achieved a 97% increase in unit sales from Q2 2018 to Q3…

FridayNov 09, 2018 9:53 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) Brings to Market its Cranberry & Shortbread Gummies: 2018 Holiday Limited Edition

Plus Products (CSE: PLUS) this morning announced availability of its latest special edition, Cranberry Shortbread cannabis-infused gummies. The dosable and discrete product, representing the fourth limited edition that PLUS has launched in 2018, will be available by licensed retailers across the state of California for the 2018 holiday season. “At PLUS, we believe that if you want to build a brand that can extend from California to other states, you need to start by making products that improve people’s lives,” PLUS CEO Jake Heimark stated in the news release. “Our 2018 ‘Holiday Bliss’ focuses on something we believe is important…

WednesdayNov 07, 2018 12:29 pm

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is “One to Watch”

California consumers purchased $180 million worth of cannabis-infused food and drinks in 2017 – 10% of the state’s total marijuana sales – with that percentage rising to 18% in February 2018. Cannabis-infused gummies have a much wider appeal since they are less conspicuous to consume and provide a smoke-free experience Advances in technology allow manufacturers of cannabis-infused edibles to tweak concentrations of THC and CBD The Specialty Food Association has named cannabis edibles as one of the Top 10 food trends of 2018 Plus Products Inc. (CSE: PLUS) is a branded cannabis-infused products manufacturer of edibles created to support a…

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