Sun Kissed Industries, Inc. (OTC: SKDI Assembles Team Of Executive Management Talent As It Grows

Sun Kissed Industries, Inc. Assembles Team Of Executive Management Talent As It Grows

Posted April 24, 2020

In NASDAQ: GWPH, NASDAQ: NBEV, NASDAQ: NEPT, NASDAQ: OGI, NYSE: ACB, NYSE: CGC, OTC: SKDI, OTC: SPRWF, TSX: ACB, TSX: NEPT

Sun Kissed Industries, Inc. (OTC: SKDI), eyeing expansion of its brands as it aggressively acquires companies, is assembling a deep bench of executive management talent in several different industries as it grows. The team includes: Ilan Freeman, CEO of Products Group Inc. DBA/Hakuna Supply, Robert Reynolds, founder and CEO of NuMuni Inc., and Leonard Armenta, newly named VP of Revenue Management, an established brand builder in the nutritional brands field. They join Carl Grant, CEO of Sun Kissed Industries, Inc. (OTC: SKDI).

The CBD market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of CBD related stocks such as Sun Kissed Industries, Inc. (OTC: SKDI), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF) and OrganiGram Holdings Inc. (NASDAQ: OGI).

Sun Kissed Industries, Inc. (OTC: SKDI) Assembles Team Of Executive Management Talent As It Grows

Sun Kissed Industries (OTC: SKDI) is on a fast growth track, recently acquiring both Products Group Inc. DBA/Hakuna Supply in a stock purchase in February 2020 and NuMuni Inc., a monetization platform developed for digital media publishers, software providers and online games. Armenta, a nutrition industry leader, helped facilitate the NuMuni acquisition, said Carl Grant, CEO of Sun Kissed Industries, Inc. Sun Kissed Industries, Inc. (OTC: SKDI) Assembles Team Of Executive Management Talent As It Grows.

Each member of the newly assembled executive management team at Sun Kissed Industries, Inc. (OTC: SKDI) brings unique and distinct industry talent to the company as it acquires more companies and grows:

Ilan Freeman, CEO of Hakuna, is an expert at marketing CBD. Sun Kissed Industries (OTC: SKDI) has invested new equipment and product to Hakuna’s newly expanded Clean Room. It netted immediate results with a 30% jump in online sales during the COVID-19 ‘lockdown and realized a 30% drop in cost of sales on a per unit basis. A Nespresso Capsule filling machine production increased 2,000 to 10,000 daily, a new Bagged Coffee filling machine drove a 500% increase in bagged coffee daily and single serve instant coffee pouches were introduced. Overall, Hakuna output jumped 300-500% with the Clean Room expansion.

Robert Reynolds, CEO and founder of NuMuni Inc.,was called by Carl Grant, CEO of Sun Kissed Industries, Inc. (OTC: SKDI), a “visionary at the cutting edge in the finch and digital marketing space and we believe NuMuni will be a game-changing piece of the puzzle for Sun Kissed. Our strategy is to build a company around talented individuals with game changing assets.” The company called Reynolds of NuMuni a top innovator in the advertising-based virtual currency monetization industry. In that model, freed resources are pooled to form a distributed supercomputer that can mine cryptocurrency, run scientific simulations perform 3D renderings, and more.

Leonard Armenta has been recently named VP of Revenue Management at the company. With a rich history of experience in affiliate marketing and brand building, Armenta is seen as positioning Sun Kissed Industries, Inc. (OTC: SKDI) and its brands for significant growth. He brings over 19 years of industry experience, originally owning Colorado Sports Innovations Consulting, where he helped other companies in branding and revenue growth strategies. He was also CEO of Intensity Nutrition, COO and Executive Vice President of MusclePharm, VP of Business Development for Inner Armour, Creative Edge Nutrition — all leading nutritional brands in the industry. Carl Grant, CEO of Sun Kissed Industries, Inc. (OTC: SKDI), said, “We are thrilled to have Mr. Armenta join our team. As one can see in his extensive bio, Mr. Armenta brings heavyweight affiliate marketing and corporate expansion experience to our company. He has already facilitated in the Numuni acquisition and we look forward to many more growth ventures with him.”

Sun Kissed Industries, Inc. (OTC: SKDI) Sees More Growth In The Future

Carl Grant, CEO of Sun Kissed Industries, Inc. (OTC: SKDI), said of the newly assembled team, “With their sage advice, we will continue to aggressively chase down the joint venture and acquisition opportunities that the current economic climate has offered up to us.” Sun Kissed Industries, Inc. (OTC: SKDI) Assembles Team Of Executive Management Talent As It Grows.

In February 2020, Sun Kissed Industries, Inc. (OTC: SKDI) acquired Products Group Inc. DBA/Hakuna Supply. It bought 100% of the issued and outstanding shares of Hakuna in a definitive stock purchase agreement. It sells products including premium CBD coffee, CBD tea, CBD Drink Drops, CBD Gummies and CBD Flower product markets.

Within two months after closing on its acquisition of Products Group Inc. DBA/Hakuna Supply, a well established retail CBD company, Sun Kissed Industries, Inc. (OTC: SKDI) signed an LOI to buy NuMuni Inc., a monetization platform developed for digital media publishers, software providers and online games.

Sun Kissed Industries, Inc. (OTC: SKDI) is an emerging leader in the CBD-based products market. It is pursuing technology acquisitions through an aggressive M&A strategy. It seeks to become a dominant player in a well-defined, high-growth niche within the CBD sector.

Source: Stock Market Press

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Ankit Singha

Ankit Singha is a financial writer and stock market analyst who has worked for nearly 15 years writing stock market news, while conducting fundamental research and technical analysis for several market sites. An independent financial consult and technical analyst, he earned Master's in finance from ICFAI University.