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Diego Pellicer Worldwide Inc (OTCMKTS:DPWW)- Colorado Sales Figures Double & Triple In December; Company To Focus On High-Quality Products

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Diego Pellicer Worldwide Inc (OTCMKTS:DPWW) – Colorado sales figures have doubled and tripled in the month of December last year after opening in February 2017. The sales growth increased by 25% as compared to the previous months and was 130% more than the sales in June. The company does not receive direct profit from marijuana sales.

However, the success of Diego Pellicer Colorado brand establishes the business model and once again proves it as the formula for marijuana retail and branding success. The Chief Executive officer of the company, Ron Throgmartin said that by elevating the customer experience, ensuring the product on the shelf is deserving of the company’s premium branding and simultaneously maintaining competitive pricing his company has sharpened its standing in the premium market in the rapidly expanding cannabis space for licensed tenants and their customers with discerning tastes.

Throgmartin further added that the company applauds its Diego Pellicer-Colorado branch for its outstanding efforts to ensure that a first-class customer experience is provided with the results that demonstrate success.

Double And Triple Digit Sales Growth For Diego Pellicer-Colorado

Diego Pellicer-Colorado has received many accolades recently for its store including titles such as ”Retail Dispensary of the Year,” at the Cannabis Business Awards 2017, the “Best Designed” marijuana dispensary by Leafbuyer and, the Leafly List Top 20 Dispensary for the third quarter. Indeed the recent double and triple-digit sales growth has been an icing on the cake and a reward for the various activities the company carried out all through the last year including employee development, targeted advertising, promotion, tailored product assortment, and public relations.

The chief executive officer, Diego Pellicer-Colorado, Neil Demers said that their focus on the customer experience, the highest-quality products that are available in the market as well as their award-winning Diego Pellicer retail design makes them the premium marijuana buying experience among the rest of cannabis retailers.

According to Demers, the company’s employees love what they do which is reflected in the premium customer service provided by them and that they are thrilled that their hard work is receiving such favorable responses.

Business

Valens Groworks Corp (OTCMKTS:VGWCF) Establishes Offices In Toronto In Expansion Efforts

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Valens Groworks Corp (OTCMKTS:VGWCF) seeks to engage in significant geographic expansion. It has set up offices in downtown Toronto which it terms part of its business evolution. This company prides itself in its state of the art operations and also its highly advanced product portfolio. Operating in the new and high-value markets around the globe, the technical expertise of the company is a progressive factor. It seeks to dominate the market and also fetch high revenues as it progresses with its business operations.

Company objectives

The establishment of the offices in Toronto will see the company easily grasp international business opportunities. Leaders in the company hope they succeed at retaining their topmost talent and also effectively manage their customer relationships.

Proper coordination of the company’s global operations is a significant ingredient of its business growth and expansion. Valens Groworks also seeks to increase access to theinstitutional investment community, which also supports businesses a huge deal.

Robson’s thoughts

The CEO of Valens, Tyler Robson, has spoken about the company developmental plans. The establishment of a top-notch operational platform in Kelowna has been termed a good thing by the official. He thinks of it as an important and rather exciting milestone as they continue advancing their business. He also spoke about the company’s plan to accelerate its business operations into new areas.

Valens Groworks is placing itself on the path towards success by the act of putting up a base in Toronto. The move will see the company gain easier access to the institutional investment community.

One of the most recent developments was the entry of Valens Groworks into the OTC Markets Group. The EVP of Corporate Services at OTC Markets Group Jason Paltrowitz welcomed the company outlining that it had arrived in the best market. The company graduated from the OTCQB Market to OTCQX Market. The top official added that the company would gain in terms of attaining more visibility. It would also build a great deal on its shareholder value in the ever dynamic public market. Paltrowitz congratulated the company wishing it the best in all its business endeavors.

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International Cannabrands Inc (OTCMKTS:GEATF) Announces Its First Distribution From Riotus SODO LLC

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International Cannabrands Inc (OTCMKTS:GEATF) has thanked an entity named Riotus SODO LLC. This is after the company received the first distribution from the leading entity. An official working with International Cannabrands said that currently, they have an investment of about (20.6% in the entity. That translates to about $12,990.

Latest business developments

In the company’s press release dated August 16 and 29, 2018, it was clear that it made an investment totaling to $500,000.Analysts said that this was a show of great confidence of the company in the fast-rising entity.

International Cannabrands wished for the best. It expected that by the start of July it would be receiving its first payment. The company expects to be receiving its monthly cash distributions on time.

In a statement, the company revealed that it would be giving clear reports on the aggregate distributions that it will be obtained from the entity. It will give the reports quarterly.

The company’s CEO Steve Gormley opines, “We are extremely pleased that RIOTUS continues to reach milestones on time and under budget, and that it has met its projected distribution date. We expect that this investment will continue to materially increase the company’s earnings.”

He added that their main point of focus would be to increase their cash flow in most of their business operations. According to him, RIOTUS serves them with an ideal platform that will see their product expand a huge deal.

The letter of intent (“LOI”) with Albert Einstone’s LLC

The other development is the entry of the business giant in a letter of intent (“LOI”) with Albert Einstone’s LLC. This is a cultivation and manufacturing company based in California that prides itself in having high-end indoor warehouses. Most of them are situated in downtown Los Angeles.

Gormley says that they are speaking with the same voice with his team in the company. All of them are pleased to strike the partnership with AE and seek to take advantage of the company’s highly sophisticated operations. They also believe that the pristine facility has more to offer than meets the eye. The official says the extension of the company’s brand distribution footprint will help them generate higher revenues.

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Namaste Technologies Inc (OTCMKTS:NXTTF) And Eroll Grow Tech Ltd Agree On Marketing And Distribution Deal

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Namaste Technologies Inc (OTCMKTS:NXTTF) announced on Thursday that it signed a marketing and distribution deal with Eroll Grow Tech Ltd, a subsidiary Seedo Corp (OTCMKTS:SEDO).

The marketing and distribution deal between the two companies will allow Eroll Grow Tech to market products that exist under the Seedo Home Grow brand through Namaste online marketplace.  The products include Seedo’s fully automated devices that are designed to help customers grow plants with ease in their homes and the two firms will target Namaste’s global clientele. The devices can facilitate the growth of a variety of plants including hemp, flowers, fresh herbs, and vegetables.

“This innovative and ground-breaking product is a great addition to Namaste’s marketplace,” stated Namaste Technologies’ interim CEO, Meni Morim.

 The CEO also added that the goal of the marketing and distribution agreement is to provide a personalized and unique experience for users that want innovative solutions. Morim also revealed that the Seedo home grow devices are ready for the European market and that they will also be launched on Namaste’s outlets in Canada very soon.

Zohar Levy, the CEO of Seedo revealed that his firm was excited about the partnership because Namaste has a lot of experience with distribution in the cannabis industry. Levy also noted that his company is currently targeting new market segments and that it is also on a global expansion mission. The Seedo products will be available on Namastevapes.ca and CannMart.com in Q3 2019, thus expanding their availability in more regions across the globe.

Namaste Technologies announces reshuffle in its board of directors

Namaste also announced a week ago that there were some changes to its board of directors.  The company announced the immediate exit of Kenneth Ngo, its current Chief Financial Officer from the board of directors.

Morim expressed gratitude to Kenneth for the service rendered to the company during his tenure as a board member since December 2018 the Namaste CEO also noted that Kenneth decided to relinquish his position as a Board member. Morim also noted that Andy Wilczynski and Ken Jones have been appointed as new members in Namaste’s board of directors.

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