June monthly update came out today Excellent progress throughout each segment of the business. OKI is officially in stores with consistently growing online sales, VIDA+ sales are up, pet brand is coming in Q3, more events, sampling and roll-outs happening throughout this year. Also included in the update was a photo of a convenient store endcap with OKI taking up an entire row of the cooler.
Some select quotes from CEO Jim Bailey:
"I am pleased to announce we have begun to sell and distribute our beverages, tinctures and capsules in stores in California and Colorado."
"...will be supported by a robust sampling effort both in-store and out of store and an accompanying social media blitz to help build both awareness and trial."
"Oki beverage sales have continued to grow month over month"
"...saw a big spike in our online sales after our mention in a Washington Post article last week, which presented a balanced view of the current state of the CBD market. As a result, we saw a massive spike in traffic to our Oki website, which resulted in a large increase in online sales – selling four-times our average weekly sales"
"...we have launched a new website for Vida+ to improve its online profile." "The results so far have been very positive, with a strong increase in traffic and achieving our highest ever sales online."
"Development of the new Phivida pet brand is progressing nicely, and we are on track to launch the new brand by the end of Q3 as promised. So far, we have completed the research, brand position and are making final decisions on new packaging designs and visual look and feel this month."