CannabisNewsBreaks – Plus Products Inc. (CSE: PL
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Posted On: 11/01/2019 5:02:48 PM
CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Debuts Best-Selling Edibles in Nevada Cannabis Market
Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis-branded products company in the United States, recently released its infused-gummies product line, which contains the two best-selling cannabis products in California, in Nevada (http://cnw.fm/Hp6zE). An article discussing the company reads, “With the top-selling gummies brand in California and 21% of the gummies market share there in Q2 according to BDS Analytics, Plus Products is ready to move on to its next key objective: growing its brand through new markets, new products and new consumers. The company is acting on this by moving into the Nevada market as well as launching into the national direct-to-consumer CBD space. . . . With an estimated 45 million visitors flocking to the Nevada every year and numbers surpassing retail sales expectations in its first year of adult-use sales, the entertainment capital of the country was an obvious choice for Plus Product’s next step. Legal, regulated cannabis product sales in Nevada could reach nearly $2 billion by 2025 (http://cnw.fm/9amaM), and the use of edible products in the state has continued to increase in popularity, growing from 14.5% of recreational sales beginning in Q3 2017 to 18% currently.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis-branded products company in the United States, recently released its infused-gummies product line, which contains the two best-selling cannabis products in California, in Nevada (http://cnw.fm/Hp6zE). An article discussing the company reads, “With the top-selling gummies brand in California and 21% of the gummies market share there in Q2 according to BDS Analytics, Plus Products is ready to move on to its next key objective: growing its brand through new markets, new products and new consumers. The company is acting on this by moving into the Nevada market as well as launching into the national direct-to-consumer CBD space. . . . With an estimated 45 million visitors flocking to the Nevada every year and numbers surpassing retail sales expectations in its first year of adult-use sales, the entertainment capital of the country was an obvious choice for Plus Product’s next step. Legal, regulated cannabis product sales in Nevada could reach nearly $2 billion by 2025 (http://cnw.fm/9amaM), and the use of edible products in the state has continued to increase in popularity, growing from 14.5% of recreational sales beginning in Q3 2017 to 18% currently.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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