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Plus Products Launches Edibles Products Into Nevada Adult-use Cannabis Market €“ New Cannabis Ventures

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. PLUS Products Launches Edibles Products into Nevada Adult-Use Cannabis Market

October 7, 2019 at 8:11 am

Published by NCV Newswire

SAN MATEO, Calif., Oct. 07, 2019 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a leading cannabis branded products company in the U.S, today announced the launch of its best-selling gummies¹ into the Nevada market. The products are manufactured through the Company’s partnership with TapRoot Holdings Inc. (“TapRoot”), a vertically integrated cannabis company operating cultivation and manufacturing facilities in Las Vegas, Nevada. Commercialization comes just four months after PLUS and Taproot entered into a definitive agreement.

PLUS expands with a successful product portfolio:

PLUS is the #1 cannabis gummies brand in California with 21% market share1. PLUS has launched in Nevada with its infused-gummies product line, which includes the #1 & #2 best-selling cannabis products in California across all categoriesÂą.

Nevada is a key market for building an internationally recognized brand:

Nevada surpassed retail sales expectations in its first year of adult-use sales, and sales are expected to surpass $1.2 billion by 20222. With over 45 million visitors a year from all over the world, Nevada is a key market to building an internationally recognized brand. As in California, edible products have continued to increase in popularity, growing from 14.5% of recreational sales beginning in Q3 2017 to 18% today3.

PLUS is leading manufacturing operations to maintain quality and consistency:

Source: https://www.newcannabisventures.com/plus-products-launches-edibles-products-into-nevada-adult-use-cannabis-market/

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