Welcome to our dedicated page for GRCV news (Ticker: GRCV), a resource for investors and traders seeking the latest updates and insights on GRCV stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GRCV's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GRCV's position in the market.
Yuka E-Commerce, a subsidiary of Grand Capital Ventures (GRCV), is set to expand its CBD and hemp portfolio in 2021. The company reported that CBD sales contributed over 50% of its revenue in 2020, generating nearly $5 million with over 250,000 products shipped. With a forecasted 20% increase in sales for 2021, Yuka aims to achieve $6 million from CBD products. The firm is strategically adding new brands to its portfolio in the first quarter, leveraging insights from buyer interactions to launch innovative products.
Grand Capital Ventures, Inc. (OTC PINK:GRCV) announced a 1-for-2500 reverse stock split effective February 24, 2021, along with a name change to Yuka Group Inc. The move aims to increase the stock price and ensure compliance with OTC Markets listing rules. The company anticipates that this adjustment will enhance liquidity and marketability of its shares and pave the way for potential future growth on Nasdaq. Yuka, the wholly-owned subsidiary, focuses on e-commerce solutions for brands.
Grand Capital Ventures, Inc. (OTC PINK:GRCV) has announced that its subsidiary, Yuka E-Commerce, has established a vendor account with TJX, a leading off-price retail company. This collaboration includes a pilot Purchase Order featuring luxurious skincare products across over 50 TJX locations worldwide.
Yuka aims to capitalize on the growing demand for beauty and wellness products, which have surged by 47% since 2019, especially during the pandemic. This strategic move is expected to enhance revenue streams within Yuka's Channel Portfolio.
