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CST: 15/09/2019 07:34:18   

PLUS Products Donates $60,000 to the SF LBGT Center from Sales Proceeds of Its Pride-Themed Rainbow Sorbet Gummies

38 Days ago

The donation comes following record sales1 of the Company’s annual limited edition gummies

SAN MATEO, Calif., Aug. 08, 2019 (GLOBE NEWSWIRE) -- Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) (the “Company” or “PLUS”) today announced that it has donated $60,937 to the SF LGBT Center from the sales proceeds of its annual Rainbow Sorbet limited edition gummies.

As part of its commitment to strengthening and supporting communities in which it operates and sells products, PLUS contributed $1 for each of the 60,937 units of Rainbow Sorbet gummies it sold. The SF LGBT Center is committed to connecting the diverse LGBT community to opportunities, resources and each other to achieve a vision of a stronger, healthier, and more equitable world for LGBT people.

“We’re proud to partner with local businesses that are committed to supporting the SF LGBT Center and building a better Bay Area,” said Dani Siragusa, the SF LGBT Center’s Director of Development. “This generous donation demonstrates PLUS’s investment in the LGBTQ+ community as well as the overwhelming enthusiasm of fellow Californians to work with us to create a more welcoming, equitable world.”

“This limited edition and the accompanying donation is just a small way for PLUS to show support for the LGBTQ+ community,” said Jake Heimark, Co-founder and CEO. “Our company was honored to have the opportunity to work with the SF LGBT Center this year. We care deeply about being a truly engaged partner and look forward to finding more opportunities to work together in the future.”

1The Company sold more units of the 2019 Rainbow Sorbet Limited Edition than any previous release of the seasonal product. 

Availability

PLUS cannabis-infused edibles are available at over 300 licensed retailers across the state of California. PLUS edibles are also expected to be available at licensed retailers in Nevada by the end of summer.

About PLUS
PLUS Products is a California edibles company focused on using nature to bring balance to consumers lives. PLUS’s mission is to make cannabis safe and approachable – that begins with high-quality products that deliver consistent consumer experiences. The PLUS Gummies and PLUS Mints are manufactured at PLUS’s own factory in Adelanto, CA, with strict internal and external testing to ensure accurate consistent dosage. PLUS is headquartered in San Mateo, CA with 80 employees.

For further information contact:
Jake Heimark, CEO & Co-founder
ir@plusproducts.com

Investors:
Blake Brennan
Investor Relations
ir@plusproducts.com

Media:
Heidi Groshelle
Ingrid Marketing
pr@plusproducts.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news also release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur and include, but are not limited to, statements relating to the Company’s future products, the Company’s availability of products and other such statements. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These risks include, but are not limited to, the success of the rebranding, the ability to retain key personnel, the ability to continue investing in infrastructure to support growth, the ability to obtain financing on acceptable terms, the continued quality of our products, customer experience and retention, the continued development of adult-use sales channels, managements estimation of consumer demand in in jurisdictions where the Company exports, expectations of future results and expenses, the availability of additional capital to complete capital projects and facilities improvements, the ability to expand and maintain distribution capabilities, the impact of competition, and the possibility for changes in laws, rules, and regulations in the industry. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/7c25cc09-983f-4500-83c3-32ef770bbf0a

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