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News and publishing service
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LimeLight of The week is
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF)
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Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is a branded cannabis-infused products manufacturer of edibles created to support a healthy and active lifestyle. Headquartered in San Mateo, California, PLUS™ concentrates on producing edibles using extracts to ensure compliant, dosable and delicious products that provide a consistent cannabis experience.
First introduced to the market in 2015 to rave reviews, PLUS™ is now one of the top best-selling edible brands in California. PLUS™ operates through a wholly owned subsidiary, Carberry, and has four cannabis-infused gummy candy SKUs (in addition to limited edition SKUs), that are currently sold in over 200 licensed dispensaries and delivery services. All products under the PLUS™ brand are produced in the company’s 12,000-square-foot food-safe cannabis manufacturing facility in Adelanto, California.
Investment Considerations
- California consumers purchased $180 million worth of cannabis-infused food and drinks in 2017 – 10% of the state’s total marijuana sales – with that percentage rising to 18% in February 2018.
- Cannabis-infused gummies have a much wider appeal since they are less conspicuous to consume and provide a smoke-free experience
- Advances in technology allow manufacturers of cannabis-infused edibles to tweak concentrations of THC and CBD
- The Specialty Food Association has named cannabis edibles as one of the Top 10 food trends of 2018
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Featured Conference
Grow Up Conference and Expo - Niagara Falls, ON - 9/12/19 to 9/14/19
Grow Up Conference & Expo is your opportunity to learn, network and grow with some of the leaders of the cannabis industry. Set to take place September 12-14, 2019, at Scotiabank Convention Center in Niagara Falls, Ontario, this event is focused on education, collaboration and expansion in the evolving cannabis space. The Niagara region provides clear driving access to 55 percent of the U.S. and 62 percent of the Canadian population, positioning Grow Up squarely in the crossroads of the North American cannabis sector, and the event’s organizers are capitalizing on this venue in ‘the greenhouse capital of Canada’ with an impressive agenda of presentations and seminars.
Upcoming Conferences
- CannaFarm Con - San Diego, CA - 8/1/19 to 8/2/19
- Benzinga Cannabis Capital Conference - Detroit, MI - 8/15/19
- Cannabis Science Conference - Portland, OR - 9/4/19 to 9/6/19
- NECANN’s Atlantic City Convention - Atlantic City, NJ - 9/14/19 to 9/15/19
- Cannabis Consumer & Business Expo - Toronto - 11/22/19 to 11/24/19
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About CannabisNewsWire (CNW)
CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge. |
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