January 11, 2019 - 12:30 PM EST
NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) Reinforces its Position in the California Edibles Space through Acquisition

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) Reinforces its Position in the California Edibles Space through Acquisition

Leading California edibles manufacturer Plus Products (CSE: PLUS) recently reported the completion of the acquisition of GOOD CO-OP Inc., a California-based cannabis-infused baked goods brand. A recent article discussing the company reads, “This acquisition is expected to enable Plus to solidify its top position in the edibles field (https://nnw.fm/572iG). … The acquisition is valued at approximately C$2.03 million and will be satisfied through the issuance of 357,464 restricted subordinate voting shares of Plus. … Currently, Plus ranks as the leading edibles brand in California, and its primary focus is within one of the largest edibles categories – gummies. Through the acquisition of GOOD CO-OP, Plus gains a strategic advantage in that it can enter a second rapidly-growing category, that of baked goods.”

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About PLUS

Plus Products Inc. is a leading 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 The company’s mission is to make cannabis safe and approachable – that starts with manufacturing high-quality products delivering consistent experiences. For more information, visit the company’s website at www.PlusProducts.com.

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Source: NetworkNewsWire (January 11, 2019 - 12:30 PM EST)