Plus Products (CSE: PLUS) (OTCQB: PLPRF) on Thursday
released its unaudited financials for the quarter ended March 31, 2019. Among
the updates, the company reported revenues of $3.2 million in Q1 2019, which
reflects a 274% year-over-year growth over Q1 2018 revenues of $0.9 million.
“Our Q1 results represent continued strong revenue performance and gains in
market share,” PLUS Products Co-Founder and CEO Jake Heimark said in the news
release. “As we progress further into 2019, we hope for an increase in the
enforcement and regulatory clarity in the illegal cannabis market. Our
involvement and leadership in the National Cannabis Roundtable aligns with our
goals in helping to structure the laws that will one day serve to make cannabis
safe and approachable for everyone.”
In addition, Plus Products today announced that its CEO and
Co-Founder Jake Heimark will serve as a panelist at the Eight Capital &
Cassels Brock – State of the Union: American Cannabis Forum at the Shangri-La
Hotel in Toronto. Heimark’s panel is scheduled to take place at 1:00 PM ET on
Tuesday June 4, 2019, with a theme of “Creating Winning Brands.” Company
management will participate in one-on-one meetings with institutional investors
and analysts at the conference.
About Plus Products Inc.
Plus Products Inc. creates safe low dose and delicious
cannabis food products that enhance the everyday. PLUS’s mission is to make
cannabis safe and approachable use nature to bring balance to people’s lives –
that starts with high-quality, precisely dosed products that deliver consistent
experiences. The gummies PLUS’s food produces, which include gummies and mints
in a variety of delectable flavors, are manufactured at the company’s factory
in Adelanto, CA, where dosage is tested twice internally and then tested twice
again by an independent lab. PLUS is headquartered in San Mateo, CA with 80
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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