$CSUI From the release today: When asked about th
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Posted On: 09/30/2020 9:09:32 AM
$CSUI From the release today: When asked about the last few months of business through COVID-19 leading up to their recent announcement of adding hemp based products to Amazon, Patrick commented, "The coronavirus pandemic and the quarantine imposed because of it have changed the habits of people around the world. People work, shop and plan differently. At first, the coronavirus seemed disruptive to business, but the demand for cannabis during quarantine is greater than ever before. Sales in the US were up 159% by mid-March, according to Headset. Sales of beverages with added cannabis increased by 14% and sales of edible products increased by 28%. The report also says that because the virus infects the respiratory systems, consumers choose to eat or drink cannabis rather than just smoke it."
Parrick continued, saying, "The recent outbreak of the coronavirus disease did not affect the company's operations. In fact, due to worrying about the health, and being forced to stay at home people started becoming more curious of the positive effects of CBD. This has lead to increase in demand of the CSUI products in Europe which is surely affecting the operations in a good way. Our Company was able to show its potential in quarantine Covid-19. Under the retail brand, Alpine Cannabis, new product lines have been released."
When asked to discuss in more detail their recent deal with Amazon, Parrick commented, "Amazon is a US company, the largest in the world among online market platforms. Currently it covers 34 product categories and supports individual retail sites for some countries. The platform offers international shipping for some goods as well. The number of platform users is constantly increasing, the company's capitalization is growing accordingly.
https://www.benzinga.com/pressreleases/20/09/...annabis-su
Parrick continued, saying, "The recent outbreak of the coronavirus disease did not affect the company's operations. In fact, due to worrying about the health, and being forced to stay at home people started becoming more curious of the positive effects of CBD. This has lead to increase in demand of the CSUI products in Europe which is surely affecting the operations in a good way. Our Company was able to show its potential in quarantine Covid-19. Under the retail brand, Alpine Cannabis, new product lines have been released."
When asked to discuss in more detail their recent deal with Amazon, Parrick commented, "Amazon is a US company, the largest in the world among online market platforms. Currently it covers 34 product categories and supports individual retail sites for some countries. The platform offers international shipping for some goods as well. The number of platform users is constantly increasing, the company's capitalization is growing accordingly.
https://www.benzinga.com/pressreleases/20/09/...annabis-su
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