- PLUS received a positive rating, in part, due to its anticipated move into cannabis baked goods and mints
- PLUS is eyeing expansion into Oregon, Nevada and additional states in the future
- According to retail sales data, PLUS was California’s number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 2018
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has received a ‘Speculative Buy’ rating in its initial coverage by Canaccord Genuity (“CG”), as well as a price target of C$8 (http://nnw.fm/wVUz2). Driving that positive report is the company’s planned move to expand its product line of cannabis edibles, such as gummies, into baked goods and mints.
PLUS may also offer its top-selling product lines beyond California into Oregon and Nevada. The company has also alluded to future growth into other markets, such as Massachusetts, Florida, Michigan and…
NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://nnw.fm/PLPRF
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