- SHRG is entering the Canadian direct-selling market as part of its international growth strategy
- SHRG notes that the female demographic of independent salespeople in Canada aligns with its own consultants
- The company is pursuing uplisting to the Nasdaq Capital Market as a ‘natural progression’ for the company and its shareholders
Sharing Services Global Corporation (OTCQB: SHRG) is focusing on international expansion, initially by growing into the Canadian direct-selling market, which was estimated at $2.6 billion in 2017 by the Direct Sellers Association of Canada (DSA) and at $3 billion in 2019 by Ibis World (http://nnw.fm/2dMuo). SHRG is also proceeding with its application for uplisting to the Nasdaq Capital Market (http://nnw.fm/d3Y9O).
SHRG has been successful in focusing its Blue Ocean Strategy on direct selling in the United States. “Our March revenues are proof that our Blue Ocean Strategy is being well accepted in the direct-selling marketplace, and we want this growth to continue within new markets,” SHRG CEO John ‘JT’ Thatch stated in a…
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://nnw.fm/SHRG
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