PLUS Extends Lead in California Edibles Market with 3 of Top 5 Cannabis Products in Q4
February 04 2019 - 8:30AM
InvestorsHub NewsWire
![](https://investorshub.advfn.com/uimage/uploads/2019/2/4/qgyruPLUS-Gummies-Logo.png)
Q4 2018 Retail Sales Data Shows Continued
Market Leadership
SAN MATEO, CA -- February 4, 2019 -- InvestorsHub NewsWire --
Plus Products Inc.
(CSE:PLUS)
(OTCQB:PLPRF)
(the “Company” or “PLUS™”) today announced that, according to BDS
Analytics (bdsanalytics.com) retail sales
data, during Q4 2018, PLUS again secured its position as the #1
best-selling cannabis-infused edibles brand in California and saw
its lead over the #2 brand widen over the prior quarter.
According to BDS Analytics, during Q4, PLUS also had 3 of the
best-selling branded products in all product categories including
flower, vaporizers, edibles and topicals. PLUS “Uplift” and PLUS
“Restore” remained the #1 and #2 best-selling SKUs. PLUS “CBD
Relief” was the #5 best-selling SKU, and the top CBD-only SKU
according to BDS analytics.
“Our objective at PLUS is to build the world’s strongest
cannabis brand. When we became the top edibles brand in the largest
cannabis market (California) in the third quarter of 2018, our team
felt that it was only one more step in a much larger journey,” said
CEO, Jake Heimark. “We are proud that we have not only maintained,
but continued to grow our position as the market leader in Q4. We
hope to continue this momentum into 2019 not only in California,
but in other jurisdictions as well.”
About Plus Products
The Company is a branded products manufacturer based in
California. Its products consist of cannabis-infused edibles, which
it sells to both the regulated medicinal and adult-use recreational
markets. PLUS is currently one of the fastest-growing edible brands
in California with several top-selling products.
All products under the PLUS brand are made with high-quality
ingredients and produced in the Company’s dedicated 12,000-foot,
food-safe cannabis manufacturing facility in Adelanto, California,
staffed with chemists and food scientists.
The Company’s mission is to make cannabis safe and approachable
— that starts with manufacturing high-quality products delivering
consistent experiences.
For further information contact:
Investors:
Jessica Bornn
Director of Investor Relations
ir@plusproducts.com
Tel +1 650.223.5478
The CSE does not accept responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statements
This news release contains statements and information that, to
the extent that they are not historical fact, constitute
"forward-looking information" within the meaning of applicable
securities legislation. Forward-looking information is based on the
reasonable assumptions, estimates, analysis and opinions of
management made in light of its experience and its perception of
trends, current conditions and expected developments, as well as
other factors that management believes to be relevant and
reasonable in the circumstances at the date that such statements
are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to differ materially
from any future results, performance or achievements expressed or
implied by the forward-looking information. Accordingly, readers
should not place undue reliance on any such forward-looking
information. Further, any forward-looking statement speaks only as
of the date on which such statement is made. New factors emerge
from time to time, and it is not possible for the Company's
management to predict all of such factors and to assess in advance
the impact of each such factor on the Company's business or the
extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any
forward-looking statements. The Company does not undertake any
obligation to update any forward-looking information to reflect
information, events, results, circumstances or otherwise after the
date hereof or to reflect the occurrence of unanticipated events,
except as required by law including securities laws.
![Picture1 press release](http://www.globenewswire.com/news-release/2019/01/31/1708256/0/en/photos/597114/0/597114.png?lastModified=01%2F31%2F2019%2007%3A30%3A23&size=3)
Plus Retail Sales and Edibles Market Share Over
the Last Six Quarters
California Top 10
Products by Retail Sales
Plus Products (CSE:PLUS)
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