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Suntex Enterprises Inc. (OTC.SNTX) has commenced sales of Warrior Spiced Tequila in Southern California, with marketing efforts starting on December 22, 2022. The promotional campaign saw enthusiastic responses, leading to sold-out product supplies across participating locations. Approximately 30,000 patrons were introduced to the tequila, resulting in re-orders from over 90% of venues. Production is set to begin in Jalisco, Mexico, on January 23, 2023. The company plans future promotions in new markets and is negotiating with distributors for Southern California, Southern Nevada, and Arizona.
Suntex Enterprises Inc. (OTC: SNTX) has announced the successful entry of Warrior Spiced Tequila into the U.S. market, with the initial shipment received on December 9, 2022. Following a launch in Southern California, the company aims to expand regionally and nationally, supported by a robust marketing campaign featuring brand ambassadors. Warrior Spiced Tequila, a unique blend infused with jalapeño and cinnamon, is poised to capitalize on the $5.2 billion tequila market. Suntex anticipates establishing sales and revenue expectations for 2023 post-launch.
Suntex Enterprises (OTC: SNTX) has announced the acquisition of Warrior Spiced Tequila, a Jalapeño and Cinnamon flavored tequila produced in Jalisco, Mexico, effective August 8, 2022. This acquisition, along with Butting Botanicals CBD and Pumped CBD Beverage, aims to position Suntex as a lifestyle brand. The company has partnered with an organization for importing and distributing spirits across the U.S., facilitating market access.
Tequila sales in the U.S. reached $5.2 billion in 2021. Warrior Spiced Tequila targets a retail price of $24.99 to $29.99 and aims to lead the flavored tequila market.
Suntex Enterprises (SNTX) updates shareholders about its dedication to growth and revenue advancement. The company’s subsidiary, Budding Botanicals, will host weekly Facebook Live Events starting on February 9, 2022, featuring founder Dawn Norby. Budding Botanicals is expanding nationally and internationally through an affiliate program with an established European company, potentially increasing revenues by up to 40% in the first year. Suntex Enterprises emphasizes its commitment to quality products and plans for continued growth through acquisitions and internal development.
Suntex Enterprises (SNTX) has reported significant advancements in its product line through its subsidiaries Budding Botanicals and Beauty by Design. They launched a CBD and Collagen Infused Face Cream, exceeding sales expectations by nearly 200% within the first week. The cream is available in 1oz and 2oz sizes, retailing at $40 and $70, respectively. Additionally, new products like Energy and Focus CBD Soft Gels and CBD Pain Relief Roll-on Oil are in development. The company is also progressing in acquiring a CBD infused coffee brand, with negotiations expected to conclude by year-end.
Suntex Enterprises (SNTX) announced its intent to acquire an East Coast-based CBD Infused Coffee Company, with a completion timeline of 45 days from the LOI signed on October 5, 2021. This acquisition aims to enhance Suntex's growth by diversifying into the CBD coffee market, leveraging existing e-commerce channels like Budding Botanicals. The company continues to expand its CBD product range, including beverages and beauty products, and reports strong customer loyalty, with over 80% of orders from repeat customers.
Suntex Enterprises (SNTX) has announced its commitment to revenue growth, primarily through its subsidiary Budding Botanicals. The company plans to wholesale its unique CBD ingredients, responding to increased demand from other CBD producers. With initial wholesale orders already shipped, Suntex anticipates a revenue increase of approximately 35%, translating to a profit rise of about 15%. The implementation of a 'white label' program for its products has received positive responses, enabling cost-effective production and enhanced revenue opportunities.
Suntex Enterprises (SNTX) announced the launch of a new private label division within its subsidiary, Budding Botanicals, aimed at entrepreneurs and retail chains seeking to market CBD products. This division is expected to contribute significantly to revenue growth, projecting an increase of 20%-30% in 2021 and 50% in 2022. Budding Botanicals emphasizes its commitment to high-quality CBD products and offers full support in label development and product shipment. The company remains focused on expanding its market presence and shareholder value through various growth strategies.
Suntex Enterprises (SNTX) reported remarkable growth, with a 95% revenue increase in Q2 2021 compared to the same period in 2020. This growth is primarily attributed to its wholly owned subsidiary, Budding Botanicals, which has seen consistent revenue growth for nine consecutive months. Approximately 75% of orders were made by returning customers, with many increasing their purchase amounts. Additionally, Suntex has expanded its product offerings, including the acquisition of Beauty by Design, and is set to enhance its market presence in the CBD sector.
On July 9, 2021, Suntex Enterprises (SNTX) announced its acquisition of Beauty Supply by Design, a California-based CBD-infused hair care company. This acquisition allows Suntex to expand its product offerings and leverage its subsidiary, Budding Botanicals, for product redesign and marketing. The rebranding aims to enhance product appeal, targeting a revenue increase from under $100,000 in 2020 to over $500,000 by 2022. Suntex is actively pursuing further acquisitions in the CBD sector, reinforcing its ambition to become a comprehensive provider in the industry.
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