The Plant Achieves Production Milestone For Units of Manufactured Product
NutraNomics, Inc. (OTC PINK:NNRX) announced an important production milestone as its subsidiary, The Plant, has manufactured 765,974 units of cannabis-based products since January 1, 2022. The company anticipates exceeding 1.15 million units by the end of 2022, driven by strong sales in Vape Cartridge and Concentrates. Significant advancements in new product development and hiring high-level sales talent are also underway. These efforts are designed to enhance NutraNomics' market presence and production capacity for future growth.
- Achieved production of 765,974 units since January 2022.
- Anticipates exceeding 1.15 million units by end of 2022.
- Strong sales in Vape Cartridge and Concentrates categories.
- Plans for new product development and expansion of SKUs.
- None.
DESERT HOT SPRINGS, CA / ACCESSWIRE / August 24, 2022 / NutraNomics, Inc. (OTC PINK:NNRX) ("NutraNomics" or the "Company"), an emerging leader in organic plant-based nutritional science and innovation, is excited to announce that The Plant (www.theplantlabs.com), a NutraNomics company, has achieved an important milestone for the number of manufactured units of its quality cannabis-based products and house brands.
Since January 1, 2022, the Company has produced and delivered a total of 765,974 product units . Based upon this year's current rate of production, the Company anticipates that it will exceed 1.15 million units of manufactured product by the end of 2022, with production being led by strong sales in the Vape Cartridge and Concentrates categories. Anticipated rate of Corporate growth through the remainder of 2022 and into 2023 is expected to accelerate the rate of production even further.
"The Plant's Production team is excited and proud to have achieved such an early-stage and important production mark," remarked Jonathan Bishop, NutraNomics' CEO." "As previously stated, the company is developing and building production capacity to serve the industry in new and innovative ways, and this milestone is just the first indication of our dedication to upholding this commitment."
As an important accompaniment to the Company's production objectives, significant strides are being made in the areas of new product development, additions to product SKU's, and the addition of high-level sales talent designed to bolster the Company's market reach and presence. More news regarding advances in these areas will follow soon.
About NutraNomics
At NutraNomics, Inc. (OTC PINK: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
IR Contact:
Tom Nelson, TEN Associates LLC
https://www.tenassociatesllc.com
Public Relations:
EDM Media, LLC
https://edm.media
SOURCE: NutraNomics, Inc.
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https://www.accesswire.com/713299/The-Plant-Achieves-Production-Milestone-For-Units-of-Manufactured-Product
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