Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) remains
focused on delivering premium branded products, which have demonstrated
impressive retail growth in the cannabis industry compared to nonbranded
products. An article discussing the company reads, “The team at Plus Products
realizes that the cannabis industry is moving toward branded products and sees
brand strategy as key to accessing strong profit growth. In California alone,
nonbranded cannabis products grew by 64% between Q1 2014 and Q1 2018, while
branded products saw retail growth of 701% in that same period. The company
sees brand recognition as an integral component to its continued success in
this market. . . . Looking forward, Plus Products is maintaining its focus on
edibles, a segment that is on an upward trend. Between 2014 and 2018, the
edibles market in Colorado alone rose from 12% to 16% of the cannabis space; in
California, its market share rose from 13% to 16% between 2017 and 2018 (http://ibn.fm/Q6icJ). In
addition, the edibles price point has shown steady growth since 2014, while
various other products, such as concentrates and flower, have shown a steep
decline, clearly distinguishing edibles as a product type that could be worthy
of long-term investment.”
To view the full article, visit http://ibn.fm/BwwY5
About Plus Products Inc.
PLUS Products creates safe and delicious cannabis food
products. PLUS’s mission is to make cannabis safe and approachable — that
starts with high-quality products that deliver consistent experiences. The
gummies are manufactured at PLUS’s own factory in Adelanto, California, where
dosage is tested twice internally and then tested twice again by an independent
lab. PLUS is headquartered in San Mateo, California, with 70 employees.
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://ibn.fm/PLPRF
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