NutraNomics Launches Multiple New Cannabis Product Brands, Expands Distribution Footprint to 100 Stores

Rhea-AI Summary

NutraNomics, Inc. (OTC PINK: NNRX) announced the launch of three new cannabis brands—Paradox, Chew & Chill, and Red Eye—linked to its acquisition of DHS Development, Inc. The company aims to distribute these brands across 250 cannabis stores by year-end, expanding from over 100 stores currently serviced. The sales team is growing and possesses over 60 years of combined experience in California's cannabis industry. NutraNomics expects to release its quarterly report soon, detailing the merger with The Plant.

Positive

• Launch of three new cannabis brands, enhancing product offerings.
• Expansion plans to increase distribution across 250 stores by year-end.
• Experienced sales team with over 60 years in California cannabis market.

Negative

• None.

The Plant To Cover All Major Cannabis Product Categories Across 250 Stores by Year End

DESERT HOT SPRINGS, CA / ACCESSWIRE / July 6, 2022 / NutraNomics, Inc. (OTC PINK:NNRX) ("NutraNomics" or the "Company"), an emerging leader in organic plant-based nutritional science and innovation, is pleased to announce the launch and distribution of three new brands associated with its recently acquired venture, DHS Development, Inc. (dba "The Plant"), a NutraNomics Company: Paradox, Chew & Chill, and Red Eye.

"Our goal is to have one top brand per menu category," stated Jim Sprouse, Director & Principal of Greenbird Distribution, a NutraNomics company operating under The Plant. "We have a very diverse stable of brands and products already on offer, and a sales team that has begun to fire on all cylinders. Our customer base provides valuable feedback on new brand endeavors before significant time and money is invested. These new brands are the results of this feedback collaboration."

Beginning July 1, the Company will be servicing over one hundred (100) cannabis product stores with five (5) sales professionals between The Plant and Greenbird Distribution, all working to expand that footprint across California. That sales team is growing, with two (2) more sales professionals set to come on board in mid-July.

"We expect to be in more than 250 shops by year end as we scale the business at an accelerating pace," added Sprouse. "Our sales team is dedicated, growing, and powered by a wealth of industry-specific knowledge and relationships, with over 60 years of combined California cannabis sales experience already at work."

NutraNomics expects to file its April 30, 2022 quarterly report within the next week or so, which will include details about the merger with the Plant. The information included in the report has been a work in process until the past few days, and the reporting team is in the last stage of preparation and review.

About NutraNomics

At NutraNomics, Inc. (OTC: NNRX), we are committed to excellence in organic plant-based nutritional science and innovation. That was our stance when we began in 1996, and it is still our stance today.

NutraNomics Website: https://www.nutranomics.com

NutraNomics Twitter: https://www.twitter.com/nutranomicsinc

Forward Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Press Contact:
Geoff Bazegian, IR@nutranomics.com

Public Relations
EDM Media, LLC
https://edm.media

SOURCE: NutraNomics, Inc.

View source version on accesswire.com:
https://www.accesswire.com/707648/NutraNomics-Launches-Multiple-New-Cannabis-Product-Brands-Expands-Distribution-Footprint-to-100-Stores

FAQ

What new cannabis brands is NutraNomics launching?

NutraNomics is launching three new brands: Paradox, Chew & Chill, and Red Eye.

How many cannabis stores will NNRX products be distributed to by year-end?

NutraNomics aims to have its products in over 250 cannabis stores by the end of the year.

When is NutraNomics expected to file its quarterly report?

NutraNomics expects to file its quarterly report for April 30, 2022, within the next week.

What is the significance of NutraNomics' sales team growth?

The growth of NutraNomics' sales team is crucial for expanding its reach in the competitive cannabis market.