Eco-Growth Strategies Wholly Owned Subsidiary, Hara Flow, Inc., Announces Record Black Friday and Cyber Monday Turnout, Orders and Revenue
Eco-Growth Strategies (OTC PINK: ECGS) reported significant business growth from its subsidiary, Hara Flow, Inc., during the holiday sales period. The company achieved a 146% year-over-year increase in gross revenue and a 126% rise in orders. Notably, weekend sales surged by 700% over average sales, while customer turnout improved by 175% year-over-year. The leadership expressed confidence that this momentum will persist into 2021, suggesting a strong outlook for their CBD product line amidst the ongoing pandemic challenges.
- 146% Year-over-Year increase in gross revenue.
- 126% Year-over-Year increase in orders.
- 700% increase in weekend sales compared to average.
- 175% increase in customer turnout Year-over-Year.
- None.
SANTA CRUZ, CA / ACCESSWIRE / December 3, 2020 / Eco-Growth Strategies (the "Company" or "Eco-Growth Strategies") (OTC PINK:ECGS), a nutraceutical company developing a variety of premium CBD-based products specializing in sourcing and extraction of trusted North American hemp, announced today that its wholly owned subsidiary, Hara Flow, Inc. an ultra-premium hemp-based CBD company that focuses on athletes and fitness minded individuals, as well as the general population desiring a suite of first-class CBD products, generated record revenue, orders, weekend sales and turnout for both Black Friday and Cyber Monday.
- Gross revenue posted a
146% Year-Over-Year increase - Orders posted a
126% Year-Over-Year increase - Weekend sales posted a
700% increase against average weekend sales - Turnout was up approximately
175% Year-Over-Year
"Eco-Growth is thrilled with the exceptional performance Hara demonstrated in kicking off the holiday season," said William J. Delgado, Chairman and CEO of Eco-Growth Strategies. "To handily outperform last year's Black Friday and Cyber Monday numbers in almost every relevant metric is a best-case scenario and we are confident that this trajectory continues. Providing the Hara team the means to execute on their business model with the full support of Eco-Growth Strategies behind them should allow for this revenue-generating subsidiary to achieve the projections planned for 2021 and beyond," added Delgado.
"We are pleased to have recorded our best holiday season to date, despite the headwinds of the pandemic," said Brody Shemansky, CEO of Hara Flow, Inc. "This year, more than ever, customers are interested in the potential therapeutic properties of CBD, whether it be for a loved one or to treat themselves. By providing an exceptional consumer experience with a premium suite of CBD products and unmatched customer service, we feel strongly that Hara will continue to outperform both internal and external expectations," added Shemansky.
About Eco-Growth Strategies, Inc.
Eco-Growth Strategies, Inc. is a nutraceutical and processing company developing a range of CBD-based products. The company's mission is to employ best practice science to source, manufacture, and package the process all of its CBD products from within the United States. The company performs farm and manufacturing site visits and sources its products from only the highest quality hemp farms in North America. For more information, please visit www.ecogrowthstrategies.com
About Hara Flow, Inc.
A wholly-owned subsidiary of Eco-Growth Strategies, HARA is an ultra-premium CBD company that contains zero THC and are made with premium full spectrum CBD derived from organically grown US hemp. Each product is rich in cannabinoids that help ease imbalances and give rise to homeostasis. We created HARA to serve our people and our planet. Please visit www.haraflow.com for more information.
CBD Disclaimer
The statements made regarding CBD products including our future products have not been evaluated by the Food and Drug Administration. The efficacy of these products and the testimonials made has not been confirmed by FDA- approved research. These products are not intended to diagnose, treat, cure or prevent any disease. All information presented here is not meant as a substitute for or alternative to information from healthcare practitioners. Please consult your healthcare professional about potential interactions or other possible complications before using any product. The Federal Food, Drug, and Cosmetic Act requires this notice.
SAFE HARBOR ACT
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
William J. Delgado
(775) 443-4740
djwllc@hotmail.com
SOURCE: Eco-Growth Strategies
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