Here is the News
Post# of 61
In the words of the Electric Light Orchestra, "Here is the News"
Vet Online Supply Takes Another Leap ForwardFont size: A | A | A
8:30 AM ET 2/12/18 | GlobeNewswire
Vet Online Supply Takes Another Leap Forward
KELSEYVILLE, Calif., Feb. 12, 2018 (GLOBE NEWSWIRE) -- Vet Online Supply, Inc. (OTC PINK:VTNL) (the Company), announces today its exclusive agreement with a California distributor to place the company's CBD Pet Products in California-licensed marijuana dispensaries.
Dan Rushford, CEO, stated, "Our Company has been negotiating with a California based company that has retail contracts with marijuana dispensaries in California. We have executed the first purchase order of $529,790 for 10,000 units of our CBD Pet Drops and 7,000 units of our CBD Pet Supplement Treats. The agreement allows exclusivity through February of 2020."
Mr. Rushford further stated, "We are negotiating similar distribution rights with other companies in Washington, Colorado, and Oregon. The marijuana dispensaries are a target market for our CBD Pet products. We anticipate moving forward in this direction, and will work on shelving our Pet Performance Products with Pet Smart in the near future. These distribution channels provide projected revenues for this year of $5.1M."
Sounds great right? Only if the contract goes through. The Hype will trade but I'm waiting until the contract goes through to load up a real long position.
Trade Well, Dmwcrash