- Plus Products recently announced new executives and outlined their experience
- Mango CBD Relief gummies are already at some California retailers
- PLUS product line ranked number one for cannabis-infused edibles in retail sales and units sold
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has named Jon Paul as its new CFO, reporting to co-founder and company CEO Jake Heimark. Previously, Paul was CEO and founder of Value-Added Finance Resources, an advisory firm. He replaces Craig Heimark, who has been named PLUS’ chief strategy officer. Heimark remains as chairman, secretary and director of the company (http://ibn.fm/8dYxc).
Paul has more than 30 years of experience in senior financial management. Jake Heimark said in a news release that Paul brings with him invaluable knowledge of global financial strategy, robust systems and procedures and strategic planning in rapidly scaling businesses. He also has experience in the discipline of buy-side M&A strategy through integration.
In addition, Jake Heimark praised Craig Heimark for his deep international business experience. Craig Heimark has served as the company’s CFO since PLUS was founded through its public offering. In a news release, Jake Heimark added, “As both a colleague and his son, I look forward to continuing to work with Craig at PLUS.”
PLUS also recently debuted mango CBD Relief gummies, with each gummy containing 4.5mg of CBD and 0.5mg of THC. The product is already available at some of the more than 250 retailers in California that carry the PLUS line (http://ibn.fm/CWrfi). The company plans to retire its pineapple and coconut CBD Relief product in a coordinated campaign with retailers.
PLUS is a leading brand in California. The company announced earlier that BDS Analytics’ retail sales data reported that its product lines were the number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 of 2018 (http://ibn.fm/Nxtsr).
“California’s consumers have made PLUS a leading cannabis brand in the state,” Jake Heimark added in a news release. “Direct feedback from consumers in California, which is the largest and most competitive cannabis market in the world, will enable brands like PLUS to have a significant product edge when launching products in other jurisdictions. If you win California, you can win the world.”
San Mateo, California-based PLUS is a cannabis-infused, branded products manufacturer selling to regulated medicinal and adult-use recreational markets exclusively in California. PLUS is focused on building the largest cannabis brand by growing organically and through acquisitions.
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
