CSE:PLNT.X - Post by User
Comment by
EdgeInvestmentson Aug 18, 2020 1:38pm
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Post# 31423766
RE:HMM 1.4 million shares traded yesterday
RE:HMM 1.4 million shares traded yesterdayPenny and co. have made a few announcements lately about shifting focus to marketing the products. They've said that they are getting ready to launch social ads and influencer marketing, so it seems you've got your wish!
As for the JUSU deal, it's actually a company from my hometown of Victoria, Canada. I've been a loyal customer of theirs for years because they make absolutely killer products. I don't have any insight on sales, but they've been expanding like crazy over the last few years, and launched the cleaning and personal care products so that they could make use of the high quality organic biproduct of juices like orange peels etc.
I suppose we will have to wait and see, but I would personally consider this acquisition welcome news. They also raised $1.4m, finally launched the ecom website and amazon, so last missing piece is ads. Looking forward to hearing more about that...