Can B Corp. (OTCQB: CANB) Reports Progress On Phase Two Of Its Manufacturing Upgrade At Its Can B Superfood Facility As It Anticipates Growth And Vertical Integra-tion As ‘Seed To Sale’ Company
Can B Corp. (OTCQB: CANB) has announced it is well underway in Phase Two of its upgrade manufacturing project at its Can B Superfood facility. In completed Phase One, state-of-the-art, high speed automatic bottling and capping and bulk processing equipment was installed. In Phase Two, the manufacturing facility will become GMP compliant and encompass vertical integration of PHP — resulting in the company achieving its goal of becoming a vertical ‘seed-to-sale’ company.
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Can B Corp. (OTCQB: CANB) Reports Progress On Phase Two Of Its Manufacturing Upgrade At Its Can B Superfood Facility As It Anticipates Growth And Vertical Integration As ‘Seed To Sale’ Company
Marco Alfonsi, CEO of Can B Corp. (OTCQB: CANB), said prior, “Our strategy of controlling the cultivation, processing and manufacturing processes into our own multi-channel distribution network we believe truly makes us a ‘seed to sale’ company.” The developing health and wellness company also sees its investment in the Superfood facility as positioning itself for growth after the COVID-19 pandemic crisis evolves. Can B Corp. (OTCQB: CANB) Reports Progress On Phase Two Of Its Manufacturing Upgrade At Its Can B Superfood Facility As It Anticipates Growth And Vertical Integration As ‘Seed To Sale’ Company.
Can B Corp. (OTCQB: CANB) Reports Progress On Phase Two Of Its Manufacturing Upgrade At Its Can B Superfood Facility As It Anticipates Growth And Vertical Integration As ‘Seed To Sale’ Company
The company added that it has just received its second batch of pure isolate from its own hemp production, Green Grow Farms, which will sustain its production and sales in future months. Green Grow Farms is a licensed hemp grow and cultivation in New York. It also maintains an R&D facility and production plant in Lacey, WA. Can B Corp. (OTCQB: CANB) Reports Progress On Phase Two Of Its Manufacturing Upgrade At Its Can B Superfood Facility As It Anticipates Growth And Vertical Integration As ‘Seed To Sale’ Company
Can B Corp. (OTCQB: CANB) Eyes Operating Efficiencies, Says It Is Well Positioned
Can B Corp’s. (OTCQB: CANB) Marco Alfonsi, CEO, said, “We believe we are well positioned with a diversified product line up , exclusive partnership with LifeGuard®, multi-channel distribution strategy, our R&D and production facility in Lacey, Wa., and our Green Grow Farms, a licensed hemp grow and and cultivation in New York. We remain enthusiastic about our business prospects and returning to growth mode. Given our strong gross margins of almost 77%, we feel confident in being able return to the position we were earlier in 2020 when our revenue growth outpaced our growth in expenses, as we achieved operating efficiencies.
Can B Corp’s. (OTCQB: CANB) Proprietary Brands Marketed To Multi-Channels
Can B Corp. (OTCQB: CANB) offers proprietary licensed brands such as white labels, private labels through third parties and distribution through various channels such as retail, professional (physician), direct sales through its website and sales through subsidiaries. This health and wellness firm is an emerging growth company. Can B Corp. (OTCQB: CANB) Reports Progress On Phase Two Of Its Manufacturing Upgrade At Its Can B Superfood Facility As It Anticipates Growth And Vertical Integration As ‘Seed To Sale’ Company.
It markets products such as drops/tinctures, oils, creams, moisturizers, chews, isolate, gel caps, concentrates and more. Its diverse proprietary product lines are available under license, private label and branded labels.
A ‘Pipeline Of Opportunities’
Marco Alfonsi, CAN B’s Chief Executive Officer, said, “Our pipeline of opportunities remains strong highlighted by our exclusive license agreement with LifeGuard Licensing Corp. for the use of the well known LifeGuard brand name and logo for a host of products that will include CBD and non-CBD formulations and our Can B Superfood line. Our team also remains focused on expanding the availability of our Pure Leaf Oil and Canbiola CBD brands, as exemplified by our recent agreement with United Grocery Outlets.”
Can B Corp. (OTCQB: CANB) Provides CBD Products Under Multi-Channels
Can B Corp. (OTCQB: CANB) is a health and wellness company providing CBD products under the brands Canbiola, Seven Chakras, NuWellness, Pure Leaf Oil and Duramed. It markets to multi-channels including medical offices, doctor’s offices, retailers, online and direct.
Source: Stock Market Press
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