Plus Products (CSE: PLUS) (OTCQB: PLPRF) on Thursday released its unaudited financials for the quarter ended March 31, 2019. Among the updates, the company reported revenues of $3.2 million in Q1 2019, which reflects a 274% year-over-year growth over Q1 2018 revenues of $0.9 million. “Our Q1 results represent continued strong revenue performance and gains in market share,” PLUS Products Co-Founder and CEO Jake Heimark said in the news release. “As we progress further into 2019, we hope for an increase in the enforcement and regulatory clarity in the illegal cannabis market. Our involvement and leadership in the National Cannabis Roundtable aligns with our goals in helping to structure the laws that will one day serve to make cannabis safe and approachable for everyone.”
In addition, Plus Products today announced that its CEO and Co-Founder Jake Heimark will serve as a panelist at the Eight Capital & Cassels Brock – State of the Union: American Cannabis Forum at the Shangri-La Hotel in Toronto. Heimark’s panel is scheduled to take place at 1:00 PM ET on Tuesday June 4, 2019, with a theme of “Creating Winning Brands.” Company management will participate in one-on-one meetings with institutional investors and analysts at the conference.
About Plus Products Inc.
Plus Products Inc. creates safe low dose and delicious cannabis food products that enhance the everyday. PLUS’s mission is to make cannabis safe and approachable use nature to bring balance to people’s lives – that starts with high-quality, precisely dosed products that deliver consistent experiences. The gummies PLUS’s food produces, which include gummies and mints in a variety of delectable flavors, are manufactured at the company’s factory in Adelanto, CA, where dosage is tested twice internally and then tested twice again by an independent lab. PLUS is headquartered in San Mateo, CA with 80 employees. 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://cnw.fm/PLPRF
CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.
To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.CannabisNewsWire.com
Do you have a questions or are you interested in working with CNW? Ask our Editor