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GPO PLUS INC - GPOX STOCK NEWS

Welcome to our dedicated page for GPO PLUS news (Ticker: GPOX), a resource for investors and traders seeking the latest updates and insights on GPO PLUS stock.

Headquartered in Las Vegas, Nevada, GPO Plus, Inc. (OTC: $GPOX) is a publicly traded global holding company of industry-specific group purchasing organizations (GPO). The primary holdings are HealthGPO, a healthcare industry group purchasing organization, and CBDGPO, a group purchasing organization for the CBD and hemp industry. GPO Plus specializes in developing consumer-branded products for specialty retailers and online eCommerce sales, aiming to bring quality products to a wider audience.

Recent news indicates a strategic expansion model driven by Mini-Hubs providing enhanced service to retail partners, aiming to reach over 2,000 retail locations. The company's proprietary Direct to Store Delivery (DSD) model has led to accelerated revenues. GPO Plus partners with leading industry brands, like Hempacco Co, Inc., a hemp smokables company disrupting the tobacco industry, showcasing a commitment to innovation and growth. The company's expansion strategy focuses on simplifying operations by consolidating products into one distribution service, offering a comprehensive solution for specialty retailers.

GPO Plus continues to focus on product development, manufacturing, distribution, and marketing to meet market demand and customer needs. The recent establishment of a Regional Hub in New Mexico highlights the company's dedication to enhancing efficiency and expanding service delivery. Through its strategic partnerships and innovative approach, GPO Plus aims to set new standards in distribution and deliver exceptional value to its retail partners.

Rhea-AI Summary

GPO Plus (OTCQB: GPOX), a direct-to-store delivery (DSD) company focused on distribution to convenience stores and gas stations, has been selected for the 2024 Principled Business Accelerator Program. This program is designed for values-aligned entrepreneurs and offers opportunities to develop leadership skills, expand networks, and enhance business strategies.

The program includes personalized mentorship, peer support, and expert advice on market strategies and scalability. It culminates in the Principled Business Summit in New York City on September 18-19, 2024, where participating companies will present to investors like Steve Forbes, John Mackey, and Michael Gibson.

CEO Brett H. Pojunis stated that this selection aligns with GPOX's values and provides unprecedented access to collaborate with seasoned business leaders. Alexander McCobin, Executive Director of Principled Business, expressed excitement about GPOX's participation, noting their commitment to ethical practices and innovation.

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GPOPlus+ announces the establishment of a Regional Hub and West Coast Fulfilment Center in New Mexico to expand its operational footprint and enhance service delivery. The Regional Hub will cater to 150+ stores in New Mexico and surrounding states, serving as the West Coast fulfillment center for direct-to-consumer sales and online sales. The partnership with Vance Global, Inc. will provide warehouse space for the Regional Hub, fostering collaboration and growth opportunities.
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GPO Plus, Inc. (GPOX) announces the successful launch of LOON products, a leading brand in the vaping world, through a Distribution Agreement with Maduro Distributors. LOON's disposable e-cigarettes offer convenience, diverse flavors, and portability, catering to on-the-go vapers. The initial distribution phase covers 283 gas stations and convenience stores across 5 states with positive sales data, indicating potential growth. GPOX plans to expand distribution to three more states in April 2024, leveraging LOON's PMTA status and manufacturing capabilities.
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GPO Plus, Inc. (GPOX) announces its participation in the Sequire Investor Summit 2024, presenting an opportunity to engage with the investment community and share its strong 2023 financial results. The company plans to discuss its disruptive Direct To Store distribution service model and strategic growth plans for 2024. CEO Brett H. Pojunis invites investors to join the event and schedule one-on-one meetings with the leadership.
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GPO Plus, Inc. (GPOX) Expects DSD Roll-Out To 258 Stores by Year End and Over 475 Stores by May 2024, Anticipates Q2 Gross Revenue of $1.21 Million
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GPO Plus, Inc. announces Shareholder Update on growth plans and improved revenues. Revenues for Q1 2023 exceed estimates by 12% and increase 126% quarter over quarter. GPOX reports a 320% increase in revenues for their fiscal 4th Quarter. GPOX expects to onboard over 258 stores throughout Texas, Iowa, and Kansas by year-end 2023 and expand into 123 locations in New Mexico in early 2024. GPOX currently services 570 locations in 12 states. CEO emphasizes the success of their white glove DSD service and plans to expand it to 500+ additional stores.
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Hempacco partners with GPO Plus to distribute its hemp products in Yesway and Allsup's stores across the US
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GPO Plus, Inc. (GPOX) announces a 101% increase in quarter over quarter revenue, driven by the successful launch of the 'White Glove DSD Service' and the Mini Hub strategy. The company expects Q1'24 revenue to exceed $865,000, showcasing rapid growth and a clear path to cash flow break even.
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FAQ

What is the current stock price of GPO PLUS (GPOX)?

The current stock price of GPO PLUS (GPOX) is $0.04 as of December 23, 2024.

What is the market cap of GPO PLUS (GPOX)?

The market cap of GPO PLUS (GPOX) is approximately 2.3M.

Where is GPO Plus, Inc. headquartered?

GPO Plus, Inc. is headquartered in Las Vegas, Nevada.

What are GPO Plus, Inc.'s primary holdings?

The primary holdings of GPO Plus, Inc. include HealthGPO, a healthcare industry group purchasing organization, and CBDGPO, a group purchasing organization for the CBD and hemp industry.

What is GPO Plus, Inc.'s expansion strategy focused on?

GPO Plus, Inc.'s expansion strategy focuses on simplifying operations by consolidating products into one distribution service, offering a comprehensive solution for specialty retailers.

What recent establishment highlights GPO Plus, Inc.'s dedication to expanding service delivery?

The recent establishment of a Regional Hub in New Mexico highlights GPO Plus, Inc.'s dedication to enhancing efficiency and expanding service delivery.

What are some key features of GPO Plus, Inc.'s Direct to Store Delivery (DSD) model?

GPO Plus, Inc.'s Direct to Store Delivery (DSD) model has led to accelerated revenues and focuses on consolidating multiple products into one distribution service.

GPO PLUS INC

OTC:GPOX

GPOX Rankings

GPOX Stock Data

2.31M
42.27M
26.66%
Specialty Business Services
Industrials
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United States of America
Las Vegas