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South Africa Distribution Pact Expands Global Reach of Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)

  • The global hemp cannabidiol market is expected to top $22 billion worldwide by 2022, with CBD products comprising 25 percent of all cannabis sales
  • Wildflower Brands is expanding the wellness reach of its cannabis products through a distribution pact with South African cannabis network provider Africann
  • The company is also launching into Europe with a Polish network agreement through pharmaceutical distributor Two Towers

Cannabis-based wellness brand champion Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) continues to expand the reach of its holistic plant product portfolio, inking an exclusive distribution agreement for the South African natural betterment market this month.

The Wildflower Wellness brand delivers the company’s flagship lineup of full-spectrum, hemp-derived, cannabidiol-infused CBD+ branded products, which are available for use through its vaporizers, capsules, tinctures and soaps. Cannabidiol-infused wellness products are gaining mainstream acceptance. Wildflower’s products were present in the 2019 Oscar’s celebrity gift bags, at Kim Kardashian’s well-publicized CBD-focused baby shower and at the CBD beauty corner launched by “The Salon Project” at Sak’s Fifth Avenue’s flagship store.

Wildflower’s South African agreement with hemp product distributor Africann provides the company with access to “all leading pharmacy, health and wellness chains and independent pharmacy groups in South Africa,” according to a news release announcing the development (http://ibn.fm/o6yR7).

“More and more distributors are approaching us from all over the world to distribute Wildflower products,” CEO William MacLean stated in a news release. “The consistent trend is that they are looking at the US market to find CBD products to test and see what brands would fit the broadest consumer market. As global opportunities open up, Wildflower will see huge benefits from establishing itself early-on as a premium wellness brand.”

The company’s entry into the South African marketplace expands its sphere of global influence. Heavily focused on the Western seaboard of North America, Wildflower has secured distribution to more than 300 retail outlets across the United States and has a letter of intent signed in Canada to acquire City Cannabis. The company’s agreement with wholesale medicinal product distributor Two Towers enabled its entry into Poland and is serving as a gateway to the rest of Europe (http://ibn.fm/FSkKQ).

Analysts at The Brightfield Group forecast that the European CBD product market is set to explode, with 400 percent growth expected through 2023 (http://ibn.fm/VdvSW). The research firm predicts that the hemp CBD market will top $22 billion globally by 2022 (http://ibn.fm/7okmx) and that CBD products will comprise 25 percent of all cannabis sales.

Wildflower recently announced that it logged more than $1.4 million in sales during its most recent quarterly filing, marking the tenth consecutive quarter of growing revenue figures (http://ibn.fm/3oh7D).

The company has also established a partnering agreement with cannabis educator HelloMD to provide information and products for medical cannabis patients across the United States (http://ibn.fm/xNq1R).

For more information, visit the company’s website at www.WildflowerBrands.co

NOTE TO INVESTORS: The latest news and updates relating to WLDFF are available in the company’s newsroom at http://ibn.fm/WLDFF

Genprex Inc. (NASDAQ: GNPX) Hires Top Pharmaceutical Branding Agency to Oversee Drug Naming Process for Lead Drug Candidate

  • Genprex, a clinical stage gene therapy company, will be utilizing the services of a leading pharmaceutical branding agency to oversee the naming process of its lead drug candidate, Oncoprex
  • Addison Whitney has over 28 years of experience in the market, guiding pharmaceutical companies such as Merck, Celgene and Roche through the regulatory steps involved in the name approval process
  • Oncoprex is an innovative immunogene therapy targeting non-small cell lung cancer

Genprex Inc. (NASDAQ: GNPX), a clinical stage gene therapy company, recently reported that it has retained the services of leading pharmaceutical branding agency Addison Whitney to assist with the naming of the company’s leading drug candidate (http://ibn.fm/ci3KJ).

The move will enable Genprex to pursue the commercialization of Oncoprex immunogene therapy, which is currently in development and undergoing a clinical trial for the treatment of non-small cell lung cancer (NCSLC).

Addison Whitney will draw from its 28 years of market experience to oversee the proprietary and non-proprietary naming process for Genprex’s leading drug candidate.

Addison Whitney has a proven track record of branding success within the pharmaceutical market. It enables clients to achieve growth through both brand differentiation and creative naming practices. Its most recent successes include guiding pharmaceutical companies such as Merck, Celgene and Roche through the regulatory steps needed for name approval.

According to Genprex Chairman and CEO Rodney Varner, retaining the services of Addison Whitney is an important step in bringing Oncoprex to market. Obtaining regulatory approval for the proprietary and non-proprietary drug names is one of the essentials for securing market approval, he explained. Varner said that he believes that Addison Whitney has an excellent reputation when it comes to securing such name approvals.

Currently, Genprex is carrying out a phase I/II clinical trial of Oncoprex in combination with erlotinib, treating NSCLC. Additionally, preclinical studies are underway to evaluate the effectiveness of Oncoprex in combination with immunotherapies.

Oncoprex works by interrupting the cell signaling pathways that contribute to the replication of cancer cells. It also stimulates the natural immune response against cancer. Oncoprex consists of TUSC2 – a tumor suppressor gene – encapsulated in a lipid nanoparticle. When injected intravenously, it specifically targets cancer cells, where the tumor suppressor gene is taken up and expressed in a protein that restores some of the defective gene functions arising in cancer cells.

Lung cancer is the leading cause of cancer deaths across the world, killing more people than breast, colon, kidney, liver, prostate and skin cancers combined. While newly diagnosed lung cancer cases have remained at steady annual levels among men, an increase of over 40 percent in new diagnoses is expected in women by 2030 (http://ibn.fm/p7BVD). In comparison, the global standardized breast cancer mortality rate among women is expected to go down nine percent within the same period.

Companies like Genprex are leading the way in identifying, researching and developing innovative treatment options. Genprex holds a portfolio of more than 30 patents for its platform technologies. In addition, it’s currently working on pinpointing the biomarkers that will help the selection of patients who will benefit the most from the Genprex treatments.

For more information, visit the company’s website at www.Genprex.com

NOTE TO INVESTORS: The latest news and updates relating to GNPX are available in the company’s newsroom at http://ibn.fm/GNPX

Beyond Meat Inc. (NASDAQ: BYND) to Release Financial Results for Q1 2019 in June

  • Beyond Meat’s financial results will be announced during a conference call scheduled for June 6
  • A live webcast will also be available via the company’s official website for investors interested in the financial information
  • Beyond Meat’s portfolio of plant-based foods that replicate the taste and texture of meat has grown in popularity since the company’s launch in 2009, and its products are now available at more than 30,000 retail locations around the world

Beyond Meat Inc. (NASDAQ: BYND), a leading provider of plant-based meat substitute products, recently announced that its financial results for the first quarter of 2019 will be presented live on June 6.

A conference call will be held at 4:30 pm ET, after markets close. All investors interested in participating can dial 866-221-1171 from the U.S., or 270-215-9602 internationally. Two hours after the end of the conference call, a telephone replay will become available, Beyond Meat said in a press release.

The company has also announced that a simultaneous webcast will be taking place via Beyond Meat’s website. An archive of the webcast will be made available for a period of 30 days following the end of the conference call.

Beyond Meat currently ranks as one of the fastest-growing food companies in the U.S. Its portfolio consists of plant-based meat alternatives. Through innovative practices, Beyond Meat gives consumers an opportunity to experience the taste and texture of meat while enjoying the nutritional benefits of plant-based foods.

Founded in 2009, Beyond Meat operates under the slogan ‘Eat What You Love’. The company is committed to giving its clients a tasty experience while also enabling food production that is healthy, sustainable and cruelty-free.

Plant-based meat substitute products are a healthy alternative to red meat, which has been linked to several diseases (http://ibn.fm/YILX7), while also offering a positive impact on climate change by consuming fewer resources in their manufacturing processes (http://ibn.fm/QUrpf).

As a result, the global meat substitute market has grown exponentially and is set to reach $7.5 billion by 2025, according to Allied Market Research (http://ibn.fm/SSXRm). Beyond Meat aims to be at the forefront of this growth and remain a key player in this growing industry by providing delicious and sustainable meat substitutes.

Beyond Meat’s fresh and frozen products are available at more than 30,000 retail and food service locations throughout the world.

For more information, visit the company’s website at www.BeyondMeat.com

INmune Bio Inc. (NASDAQ: INMB) is “One to Watch”

  • INmune Bio’s IPO closed February 1, 2019, with NASDAQ Capital Markets listing on February 4, 2019
  • Public clinical-stage immunology company with programs in oncology and neurodegenerative disease
  • INmune Bio targets large markets with unsolved problems such as resistance to checkpoint inhibitor therapy, a fast-growing oncology market segment; MRD, the cause of cancer relapse; and neuroinflammation as a cause of Alzheimer’s disease
  • Receiver of “Part the Cloud” $1 million grant awarded by Alzheimer’s Association
  • Experienced leadership with extensive experience in the targeted fields of clinical research and drug development
  • Intellectual property with multiple filings in process for INB03/XPro1595 and INKmune
  • Insider led round at $9 per share for approximately $4.6 million in May

INmune Bio Inc. (NASDAQ: INMB) is a diversified clinical-stage immunology company developing novel therapies that target distinct parts of a patient’s innate immune system to fight disease. Drug candidates INKmune and INB03 may be used to treat cancer while XPro1595 targets neuroinflammation as a cause of Alzheimer’s disease. INmune Bio’s product platforms utilize a precision therapy approach to promote the body’s innate immune response to treat unsolved problems in medicine.

INmune Bio is the first biotechnology company to close an initial public offering (IPO) in 2019 and commence trading on The Nasdaq Capital Market. The company also received a “Part the Cloud” award from the Alzheimer’s Association in 2018 which included a $1 million grant to advance INmune Bio’s XPro1595 drug candidate.

INmune Bio’s product pipeline targets three segments of concern:

  • Alzheimer’s disease/dementia claims 5.5 million patients in the United States. INmune Bio views Alzheimer’s as an immunologic disease which changes the drug discovery process, changes the way clinical trials are designed, and may provide hope for patients and caregivers.
  • Cancer residual disease which is expected to generate more than 1.7 million new cases yearly with an estimated 609,640 fatalities. INMB believe that converting resting Natural Killer (“NK”) cells to primed NK cells, which kill cancerous cells on contact, is an important therapeutic strategy to help clear residual disease.
  • Resistance to immunotherapy. By preventing the proliferation and function of cells that resist immunotherapy, patients should have a stronger immune response to cancer cells and may respond better to other cancer treatments including immunotherapy and live longer.

INmune Bio Drug Candidates and Clinical Programs

INKmune is a biologic delivery system that primes a patient’s resting NK cells to kill cancer. INKmune targets residual disease for patients that have completed initial cancer therapy (surgery, radiation and/or chemotherapy) and have a low burden of disease with a high risk of relapse.

In late 2019, INKmune will start enrolling patients in a phase I/II trial for women with relapsed refractory ovarian cancer. In many patients, cancer relapse after seemingly effective cancer therapy is due to a failure of the patients own NK cells to eliminate minimal residual disease (“MRD”).

Using a novel mechanism of action and a precision medicine approach, INKmune therapy should enhance NK cells’ ability to eliminate residual disease.

INB03 is a checkpoint inhibitor that targets myeloid derived suppressor cells (“MDSC”) which can produce an immunosuppressive shield that prevents a patient’s own immune system from attacking the cancer. INmune Bio is currently completing a monotherapy INB03 phase I trial in patients with advanced solid tumors. The INB03 program will transition into a combination therapy clinical program in the summer of 2019 to prepare for a phase II trial in patients resistant to checkpoint inhibitors due to increased MDSC.

Treatment with INB03 should eliminate MDSC in the tumor microenvironment to allow checkpoint inhibitors to be therapeutically effective.

XPro1595 targets the microglial immune cells of the brain that are activated in many Alzheimer’s disease patients. These microglial cells are a cause of neuroinflammation that can kill nerve cells and promote synaptic dysfunction – the cause of dementia in Alzheimer’s.

The three-month, phase I trial is expected to enroll 18 patients in summer of 2019. It is designed to measure traditional and novel biomarkers of inflammation in patients with mild to moderate Alzheimer’s disease who have neuroinflammation. The trial is supported by a $1 million “Part the Cloud” grant from the Alzheimer’s Association. Inflammation, especially chronic inflammation, is being recognized as an important part of the pathology of many diseases including cancer and Alzheimer’s disease.

Management

Dr. RJ Tesi, M.D., INmune Bio co-founder, CEO and acting chief medical officer, has been a licensed physician since 1982 and a Fellow of the American College of Surgery since 1991. He received his medical degree from Washington University School of Medicine in 1982 and has served many roles in several development-stage biotech companies focused on treatment of neurodegenerative diseases, hematologic malignancies, and other inflammatory diseases.

CFO David J. Moss, co-founder, has been with the company since its formation in September 2015. He holds an MBA from Rice University and a bachelor’s degree in economics from the University of California, San Diego. Moss has founded, funded and taken public various companies in a variety of industries since 1995.

Mark Lowdell, Ph.D. co-founder, has served as the chief scientific officer and chief manufacturing officer at INmune Bio since the company’s formation. He is a professor of cell and tissue therapy at University College London where he has led a translational immunotherapy group since 1994. He has also been a director of cellular therapy at the Royal Free London NHS Foundation Trust. He received his Ph.D. in clinical immunology from London Hospital Medical College, University of London in 1992 and is a qualified immunopathologist.

Christopher J. Barnum is director of neuroscience at INmune Bio. Barnum is a neuroimmunologist with broad expertise across neurodegenerative and psychiatric diseases holding multiple positions in academic and industry. His focus has been on translating inflammatory therapies into clinical treatments for neurologic diseases using a biomarker-directed approach. Barnum’s research has been supported by the NIH, the Michael J. Fox Foundation, and the Alzheimer’s Association. He received his Ph.D. in neuroscience from Binghamton University.

For more information, visit the company’s website at www.INmuneBio.com

NOTE TO INVESTORS: The latest news and updates relating to INMB are available in the company’s newsroom at http://ibn.fm/INMB

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Seeks to Transform Cannabis Beverage and Edibles Market with Water-Soluble Tech

  • Sproutly is a licensed producer with exclusive rights to Infusion Biosciences’ groundbreaking Aqueous Phytorecovery Process (“APP”) technology for naturally water-soluble cannabinoids
  • The Canadian cannabis beverage market is estimated to exceed $4 billion by 2022
  • SRUTF executives were tapped to present APP technology at key cannabis conferences

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is rapidly gaining positive exposure in the cannabis space as the company presents its proprietary APP technological platform at numerous key cannabis conferences in the U.S. and Canada. Sproutly executives most recently shared details of the APP process at the Canaccord Genuity Third Annual Cannabis Conference and at the Cannastocks 2019 Q1 Investor Conference, both in New York City (http://ibn.fm/VfnkU).

Sproutly is also slated to be a featured exhibitor at the Lift & Co Expo on June 6-9 at the Metro Toronto Convention Center in Toronto, Canada. Following this event, Chief Science Officer Dr. Arup Sen will present at the Cannabis Drinks Expo at the South San Francisco Conference Center in San Francisco on July 25, 2019 (http://ibn.fm/J8vH1).

Sproutly acquired Infusion Biosciences and its patent-pending APP technology, which extracts water-soluble forms of cannabinoids for inclusion in beverages and edibles, in August 2018. The deal came with exclusive rights to the APP technology in Canada, Australia, Israel, Jamaica and the EU. Sproutly CEO Keith Dolo described the company’s premium offering, Infuz2O, as “the world’s first and only, truly water-soluble cannabis solution” for formulation into beverages.

“APP technology is a low-cost, gentle method to produce Infuz2O, a groundbreaking discovery that delivers the total effects of the strain of cannabis from which it is made; on-set effects start within approximately 5 minutes and dissipate within approximately 90 minutes,” Dolo stated in an August 2018 news release (http://ibn.fm/klQie).

Infuz2O offers predictable effects that are comparable to smoking and vaping, while also providing an odorless, smokeless and versatile product with precise dosing. While current products on the market can have lingering effects lasting anywhere from four hours to two days, effects from Sproutly’s premium product lasts between 60 and 90 minutes. APP technology is also used in the production of Bio Natural Oils, which deliver the full-spectrum of cannabinoids and terpenes of the strain from which they are made, thus empowering consumers to enjoy the experience of their strains of choice in an edible form (http://ibn.fm/v7jV1).

A joint venture between Sproutly and OCC Holdings Ltd., an affiliate of Moosehead Breweries Limited, one of Canada’s oldest and largest independent breweries, is another positive sign that the cannabis consumable market is ready to explode. The joint venture’s product line will utilize Sproutly’s proprietary Infuz2O water-soluble cannabis formulation to create a truly natural cannabis beverage experience that serves as an alternative to alcoholic products, as the company stated in a news release (http://ibn.fm/1vpJe).

“This partnership with Moosehead marks an important milestone in Sproutly’s mission of delivering a safe and consistent whole plant experience from cannabis, with a lead position in the beverage market,” Dolo stated in a news release. “We have developed a relationship with Moosehead built on trust and our shared vision of creating safe, responsible and high-quality cannabis beverages and we look forward to making this a reality for Canadian consumers.”

ArcView Market Research and BDS Analytics project that consumers in the United States and Canada will spend more than $4 billion on cannabis edibles by 2020 (http://ibn.fm/yTfQ8). “Legal cannabis-derived edible products, from candy and chocolate to infused beverages, is a sector worth watching over the next few years,” the report stated.

For more information, visit the company’s website at www.Sproutly.ca

NOTE TO INVESTORS: The latest news and updates relating to SRUTF are available in the company’s newsroom at http://ibn.fm/SRUTF

Genprex Inc. (NASDAQ: GNPX) Pioneering an Innovative Cancer Therapy, Preclinical Data Shows Positive Results

  • Gene therapy could help overcome barriers that currently stand in the way of a cure for cancer
  • Genprex is developing innovative, gene-based approaches toward the treatment of cancer, specifically non-small cell lung cancer
  • Clinical trials so far have yielded encouraging data regarding the efficacy and safety of the company’s product candidate, Oncoprex

Gene therapy could potentially advance the creation and delivery of effective cancer treatments in the years to come. Various companies are leading the way, and pioneers such as Genprex Inc. (NASDAQ: GNPX) are pushing for the introduction of innovative and targeted therapies that have the potential to help patients with various malignancies.

Gene therapy refers to the therapeutic delivery of DNA or RNA to the cells of a patient for the purpose of treating a disease. It was first conceptualized in 1972, and some of the first successful gene therapy trials took place in the 1990s (http://ibn.fm/ioJWo).

Today, Genprex is working on an innovative, gene therapy-based approach for the treatment of non-small cell lung cancer (NSCLC). The company’s initial product candidate is called Oncoprex immunogene therapy, and it encapsulates a tumor suppressor gene (TUSC2) that is delivered through cholesterol nanoparticles.

Oncoprex is administered intravenously. According to Genprex CEO Rodney Varner, Oncoprex allows a systemic and targeted approach toward the treatment of NSCLC, because the nanoparticles are attracted to the cancer cells like a magnet.

Once Oncoprex reaches the cancer cells, TUSC2 is expressed into a protein that restores some of the defective gene functions arising in cancer cells, and the nanoparticles are taken up at a rate that’s up to 25-times higher than in the case of normal cells.

Research suggests that Oncoprex is synergistic with targeted and immunotherapies, and research has also shown that Oncoprex delivers results in several ways. It interrupts the proliferation of cancer cells, helps cancer cell death and modulates the immune response against cancer cells. In addition, Oncoprex blocks mechanisms that can contribute to drug resistance and has demonstrated minimal side effects compared to other lung cancer drugs.

Currently, Genprex holds more than 30 patents for its platform technologies. The company has also recruited renowned scientists, forming a powerful team that features some of the brightest minds in biotech, oncology and clinical research.

Genprex is now conducting the second phase of a phase I/II clinical trial. It also plans to expand its pipeline through the addition of a new clinical study that evaluates the effectiveness of Oncoprex in combination with a checkpoint inhibitor for the treatment of NSCLC.

NSCLC is the most common type of lung cancer. It accounts for approximately 85 percent of all lung cancer cases and, despite the development of innovative treatment strategies, the survival rate for lung cancer patients has not improved significantly over the past 25 years (http://ibn.fm/zQh71).

Breakthrough technologies and therapeutic approaches like those developed by Genprex could take cancer treatment solutions to a new level of effectiveness. Gene therapy could be the one innovative development that will contribute to curing what’s currently incurable, and companies like Genprex are spearheading these efforts.

For more information, visit the company’s website at www.Genprex.com

NOTE TO INVESTORS: The latest news and updates relating to GNPX are available in the company’s newsroom at http://ibn.fm/GNPX

Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Closes Financing, Proceeds Earmarked for Extraction Technology

  • Petroteq Energy completed a private placement of almost $1 million, generating funds that will be used to continue development of its proprietary technology for the environmentally-safe extraction of heavy oil
  • Currently utilized at the Petroteq extraction facility in the Utah Asphalt Ridge pilot project, the technology could revolutionize the oil industry
  • The company has already reported consistent production at the facility, with plans to expand capacity over the next 24 months

Oil and gas industry technology innovator Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) recently announced the closing of a private placement generating aggregate gross proceeds of $985,950 for a total of 3,775,875 common shares and warrants excisable for 3,431,828 common shares.

According to a press release issued by the company on May 22, the net proceeds will be used for Petroteq Energy’s Utah extraction facility technology, as well as for working capital (http://ibn.fm/XlihD).

Petroteq, a fully-integrated oil and gas company engaged in the development and implementation of proprietary technologies for the environmentally-safe extraction of heavy oils, has a patented close-loop clean extraction technology that is already yielding results. The technology is currently in production at the company’s Asphalt Ridge pilot facility in Utah.

The technology has so far proven to be commercially viable and environmentally-friendly. Petroteq started delivering oil to the regional market in 2018, and it has reported consistent production. Output forecasts for early 2022 suggest expanded production capacity that will reach 5,000 to 8,000 barrels of oil per day (http://ibn.fm/Btq12).

Through the use of the patented Petroteq technology, the company can extract heavy oil and bitumen from oil sands, shale and shallow oil deposits. It produces zero greenhouse emissions or waste. In addition, high temperature isn’t a requirement for the extraction to take place.

Heavy oils are a highly sought-after resource for the production of jet fuels and low-sulfur fuel products. The patented Petroteq production process is thus proving to be important for the provision of resources in various industries.

The first-of-its-kind technology is the most environmentally-friendly oil extraction method available right now. Oil sands are mixed with a solvent solution and crushed, allowing the oil to be extracted. The original sand material is returned to the desert floor minus its oil content. The solvent used for the extraction can then be recycled, making numerous uses possible.

Commercial production has already been initiated in Utah, where Petroteq extracts oil from bituminous asphalt. Phase 2 of the production cycle is expected to be reached in 2020, proving beyond doubt the massive potential of the proprietary technology.

Research suggests that the Utah oil sands deposit holds 15 billion barrels of recoverable oil. The Petroteq Asphalt Ridge lease features a large contingent of oil sands.

Petroteq is currently working to expand its oil sand resource under U.S. federal oil and gas leases. These encompass nearly 8,480 gross acres, or 4,240 net acres. Furthermore, Petroteq now holds 100 percent of the operating rights and interests under the lease for oil sand development.

For more information, visit the company’s website at www.Petroteq.energy

NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://ibn.fm/PQEFF

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Developing Offerings for Sophisticated Cannabis Consumers

  • Plus Products creates cannabis edibles to support healthier lifestyles
  • The company offers top products in the adult-use, medical and CBD segments
  • PLUS recently reported record revenues for Q4 2018

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is a foremost cannabis-branded products manufacturer with a mission to make cannabis safe and approachable. Based in San Mateo, California, Plus Products manufactures edibles created to support a healthy and active lifestyle. The company focuses on producing edibles using extracts to ensure compliant, dosable and appetizing options that provide a consistent cannabis experience. All of its products are manufactured in its 12,000-square-foot, food-safe cannabis manufacturing facility in Adelanto, California.

PLUS products are exclusively available in California. The company’s products make up some of the leading edibles brands in the state. According to BDS Analytics, the leading independent cannabis retail-sales analytics company, PLUS was the number one edibles brand by retail sales and units sold in Q3 2018 and Q4 2018 (http://ibn.fm/qhtBJ). PLUS has leading products in the adult-use, medical and CBD (cannabidiol) segments (http://ibn.fm/PJV2d).

The U.S. cannabis market is estimated to reach $75 billion by 2030 (http://ibn.fm/8mvki). With this meteoric market growth, PLUS is at the forefront of developing products that appeal to sophisticated consumers. Experts in numerous fields work together to create the company’s unique edibles. The PLUS team consists of chefs, chemists, food-manufacturing experts, engineers, machinists, visionaries, creatives, strategists and others.

The company’s product portfolio includes Refresh pink lemonade-flavored gummies that are precisely dosed with 3.5mg of THC (tetrahydrocannabinol) and 1.5mg of CBD. Its products also include Restore blackberry & lemon gummies, precisely dosed at 4.5mg of THC and 0.5mg of CBD each, and Uplift sour watermelon sativa low-calorie gummies. Additionally, its product line includes CBD Relief mango flavor gummies, which are made with 4.5mg of cannabis-derived CBD and 0.5mg of THC per piece.

Plus Products’ newest addition to its product family — Create sour blueberry low-calorie gummies —is infused with hybrid flower and contains 5.0mg of THC. Moreover, the gummies are gluten-free and made with kosher ingredients. PLUS also offers a line of low-dose edible Classic Mints. These flavored tablets (40 mints per tin) contain 2.5mg of THC and less than 0.1mg of CBD each (http://ibn.fm/N4Frl). The company also manufactures a variety of limited-edition products (http://ibn.fm/QUQmp).

Recently, Plus Products reported its audited financials for the quarter and calendar year ended December 31, 2018. Annual revenues increased to $8.4 million in 2018, marking a 681 percent increase over 2017 revenues of $1.1 million. Q4 revenues were a record $3.1 million, up 31 percent from Q3 and 770 percent over Q4 2017. The company noted that revenue growth was driven by sales of its concentrated brand portfolio of four full-time SKUs and one rotating seasonal (http://ibn.fm/fU4Ps).

“We remain proud that PLUS had significant growth in both revenue and market share in a year where the greater legal California cannabis market shrank and underperformed expectations due to unclear regulations and an increase in underground market sales,” PLUS co-founder and CEO Jake Heimark stated in a news release. “We look forward to greater regulation and increased enforcement in 2019 that will allow the legal industry to continue to prosper and help us continue on our mission of making cannabis safe and approachable for everyone.”

Plus Products is using its knowledge from scaling in California to enter new markets with proven products and brands. PLUS remains committed to its vision of owning the branded product space with its innovative offerings.

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

Sharing Services Global Corporation (SHRG) Focuses on Blue Ocean Strategy, Targets Global Markets

  • SHRG plans to focus on growth in Canada and other countries
  • The company’s CEO is targeting new global markets; he credits the company’s U.S. success to Elepreneur independent sales associates and Elevacity Global LLC
  • SHRG’s subsidiary scheduled an event in Ottawa prior to its entry into the Canadian market

Sharing Services Global Corporation (OTCQB: SHRG) is utilizing its Blue Ocean Strategy in the direct-selling industry as it prepares to follow up on success in the United States with entry into Canada. The company plans to build on its recent success through its Elepreneur subsidiary and an expanded focus on additional international markets.

Earlier this month, SHRG’s Elepreneur division scheduled a special event in Ottawa as a prelude to entering the Canadian market (http://ibn.fm/X9cN6). In a filing, SHRG said that it is also seeking to pursue other international markets with “excellent growth opportunities” in Europe, Mexico and Asia (http://ibn.fm/SigWa).

SHRG CEO John ‘JT’ Thatch credits the financial success of the company in large part to its independent sales entrepreneurs. These individuals are part of Elepreneur and are encouraged to employ the Blue Ocean Strategy of being a leader while creating and capturing a market.

On www.BusinessNewsDaily.com, a co-author of the book Blue Ocean Strategy, Professor Renée Mauborgne, said that the strategy advises businesses to seek new markets, lead and “stop competing and start creating.” She and fellow Professor W. Chan Kim wrote a follow-up book, Blue Ocean Shift: Beyond Competing, elaborating on the strategy. “The lesson here is that the best defense is offense, and the best offense… is to make a blue ocean shift and create your own blue ocean,” Mauborgne added.

Utilizing that model, SHRG has posted sharp fiscal gains. “Our March revenues are proof that our Blue Ocean Strategy is being well accepted in the direct-selling marketplace, and we want this growth to continue within new markets,” Thatch stated in a news release (http://ibn.fm/npsR4).

For March 2019, SHRG reported record sales of $10.4 million. In the three months ended January 31, 2019, the company’s consolidated net sales were $25.9 million, as compared to $960,182 in the same period of the prior year (http://ibn.fm/wD70w).

SHRG is a Plano, Texas-based diversified holdings company that owns, operates or controls a variety of companies engaged in direct selling through independent sales representatives. SHRG also offers services such as energy, technology and insurance. Its divisions include Elevacity Global LLC and Elepreneur LLC.

For more information, visit the company’s website at www.SHRGInc.com

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

Sharing Services Global Corporation’s (SHRG) New Marketing Strategy Targets US Spanish-Speaking Community

  • SHRG is reshaping how entrepreneurs succeed by providing quality products and training that encourage 100 percent organic growth
  • The company is pursuing international expansion while continuing to explore new market opportunities
  • SHRG recently implemented a new U.S. Hispanic-focused marketing strategy

Diversified holdings company Sharing Services Global Corporation (OTCQB: SHRG) is focused on reshaping how entrepreneurs succeed. The company is accomplishing this goal by elevating a growing international network of home-based entrepreneurs, known as Elepreneurs, to generate 100 percent organic growth.

These Elepreneurs enjoy a unique compensation and reward program designed to elevate their own health, wealth and happiness. The goal is to create independent business leaders through mentorship, live seminars and training events. The company’s growing selection of health and wellness products empowers Elepreneurs with high-quality products to share with consumers and continue the rapidly increasing organic growth that is key to the company’s business model.

SHRG’s sales and assets have been increasing rapidly. In January 2019, the company reported $65 million in revenue. This growth is credited to the launch of new health and wellness products, happy customers and the dedication of Elepreneurs. In the last few months alone, SHRG has grown by 10,000 independent sales representatives. Since 2017, the company has established a new 10,000-square-foot facility in Texas, commenced international expansion and is continuing to explore new market reach in the United States.

SHRG’s recent announcement showcases a commitment to building a diverse portfolio (http://ibn.fm/sJzp7). New Spanish versions of the company’s website and key marketing materials are being created to target the rapidly growing U.S. Spanish-speaking community. According to the 2017 U.S. Census (http://ibn.fm/AoEhr), people of Hispanic origin make up 18.1 percent of the country’s population and are the second-largest ethnic group.

“We are fulfilling the need, as requested by our Elepreneur distributors, to have Spanish versions of electronic materials to further expand our business in the U.S,” Sharing Services CEO John “JT” Thatch stated in a news release. “Our March sales revenues are proof that our Blue Ocean Strategy is being well accepted in the direct-selling marketplace, and we want this growth to continue within new markets.”

For more information, visit the company’s website at www.SHRGInc.com

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

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