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US Organic food sales touch $50Billion annually. Great sector for $GTEH
This has been a slow and steady burner, but we are about to reach a massive tipping point I'd say. Coppersville is right around the corner IMHO. $GTEH
Stellar PR here today: GenTech Proudly Secures Deal with TruLife Distribution to Drive Growth in SINFIT Digital Sale
Newsfile Corp.
Wed, October 21, 2020, 8:30 PM GMT+8
Denver, Colorado--(Newsfile Corp. - October 21, 2020) - GenTech Holdings, Inc. (OTC Pink: GTEH) ("GenTech" or the "Company"), an emerging leader in the high-end Premium Coffee (www.secretjavas.com), Hemp Wellness (www.hakunasupply.com) and Functional Foods (www.SINFITnutrition.com) marketplaces, along with its SINFIT Nutrition brand ("SINFIT"), is excited to announce that the Company has signed a new marketing, sales, and distribution agreement (the "Agreement") with TruLife Distribution ("TruLife") (TruLifeDist.com), a leader in marketing, distribution, compliance, e-commerce, and advisory services in the Functional Foods marketplace. The main focus of the new Agreement will be to accelerate the growth of e-commerce sales of SINFIT products, particularly over the Amazon.com platform.
SINFIT Nutrition
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6713/66424_f597bbf31491aad6_002full.jpg
TruLife provides direct access to sales on Amazon, Walmart, Rakuten, Wish, TopHatter, and other top e-commerce platforms, allowing clients to instantly list, ship, and sell products through any major platform with an experienced team of experts and a proven track record of success in brand placement and digital sales strategies.
"We have already demonstrated a significant & expansive growth curve since taking control of the SINFIT brand in June," commented Harold Vaca, VP Domestic Sales of SINFIT. "But the vast majority of that growth has been driven by large purchase orders from major distribution partners, both domestic and international. We are also committed to aggressively pursuing end-market consumer direct purchases through our e-commerce footprint, which will provide additional growth and diversify our cash flow ecosystem, making our overall strategy less dependent upon any one source of demand, while driving further growth in total sales."
Management notes that e-commerce sales represent a sizeable portion of overall retail sales growth worldwide, with more than $3.5 trillion in online sales accounting for over 14% of total pre-pandemic global retail sales. Since the onset of the global health crisis, that ratio has shifted decisively further in favor of e-commerce sales, which is not likely to entirely revert back upon the advent of a viable and widely accessible vaccine.
Vaca added, "We have seen an epic process of market penetration for e-commerce platforms this year as major online retailers have begun to reach a much wider base of consumers - people who haven't ever shopped much online, but have been forced to during recent months out of personal health concerns. Many of them will almost certainly continue to make use of e-commerce now that they have tried it out, at least to some extent, making e-commerce an essential sales channel for SINFIT products. TruLife has the network, team, experience, and resources to dramatically augment our e-commerce performance."
SINFIT branded products registered over $2.2 million in global sales in 2019, and are now approved for sale and available for purchase on the Walmart.com and Amazon.com e-commerce platforms as well as in over 2,500 GNC locations in North America and over 10,000 global physical and e-commerce stores across more than 10 countries around the world.
SINFIT products as well-positioned relative to peers and to the long-term macro tailwind defining the functional foods market, which saw sales top $267 billion in February of this year on a global basis, with sales in the US reaching $63 billion, according to Euromonitor 2020. This trend is part of a larger supportive momentum in the general category, with global sales of organic food and drink topping $105 billion in 2018 (Ecovia 2019). U.S. organic food sales also reached $47.9 billion, up 5.9% in 2018 (OTA 2019). In 2019, 77% of U.S. adults used dietary supplements, an all-time high (CRN 2019). U.S. supplement sales are estimated to have reached $49.3 billion in 2019, up 6.2% (NBJ 2019).
Looks like $GTEH is coming in for a solid green close here. $GTEH
$PQEFF new marketing plan will blow this through the roof
Petroteq Energy $PQEFF is happy to announce that we will be updating our shareholders on new exciting benchmarks we have completed. With our new marketing & branding plan in place we look to keep you well informed daily. $pqe $pqe.v $pqe #oil #cleanenergy#NaturalResources pic.twitter.com/iVJgvfbdqv
— Petroteq Energy Inc. (@PetroteqEnergy) October 21, 2020
$MJLB PR new CANBUS deployment https://finance.yahoo.com/news/ultrack-systems-inc-sets-deployment-121500579.html
$MJLB PR new CANBUS deployment https://finance.yahoo.com/news/ultrack-systems-inc-sets-deployment-121500579.html
$MJLB PR new CANBUS deployment https://finance.yahoo.com/news/ultrack-systems-inc-sets-deployment-121500579.html
$BTDG breaking new records https://twitter.com/b2digitalotc/status/1318204274694901762
$PQEFF Seeking Alpha analysis on Q4 catalyst https://seekingalpha.com/article/4377726-petroteq-energy-q4-catalyst-unlock-significant-upside
$BTDG ramping up another amazing fall fighting series https://finance.yahoo.com/news/b2digital-ramps-fall-b2-fighting-124500082.html
Have you checked out $ATWT yet? https://www.otcmarkets.com/stock/ATWT/overview
$CBGL strong PR yesterday https://finance.yahoo.com/news/cannabis-global-pre-announces-expected-122000914.html
Low of day price right now, good time to jump in? $BTDG
Wow! thats a great September! "Total Sept/Q BudCars gross receipts over $1.9 million ($1.55 million, net of sales taxes), representing 66% quarter over quarter sales growth"
Love this description: "About Sugarmade, Inc.: Sugarmade, Inc. (OTCMKTS: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™ and Budcars.com. For more information please reference www.Sugarmade.com."
Especially with PR's like this: "Sugarmade Reports BudCars Calendar Q3 Data: New Sales Record Results, Nearly $2M in Gross Receipts, Up 66% Q/Q
GlobeNewswire
Sugarmade, Inc.
,GlobeNewswire•October 14, 2020
NEW YORK, Oct. 14, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (OTCQB:SGMD) (“Sugarmade”, “SGMD”, or the “Company”), and its BudCars Cannabis Delivery Service (“BudCars”), is pleased to provide shareholders with a preannouncement of BudCars’ performance for the three months ended Sept. 30, 2020, which featured steadily strong gross margins, nearly $2 million in gross receipts, and more than 60% growth in net sales, customer orders and gross profits on a sequential quarterly basis.
Total Sept/Q BudCars gross receipts over $1.9 million ($1.55 million, net of sales taxes), representing 66% quarter over quarter sales growth
Total Sept/Q BudCars gross profits of $903,667, representing 64% quarter over quarter gross profit growth on steady 47% gross profit margins
Average daily gross sales increased 68% Q/Q to $21,246
Total customer tickets increased 62% Q/Q on 3% growth in average ticket size
“BudCars continues to perform, setting records in basically every key metric we track,” stated Jimmy Chan, CEO of Sugarmade. “It was a tremendous quarter, with a big jump in customers and regional market share and robust margins on every sale. That paints a very motivating picture as we gear up to significantly expand our service territory, with upcoming expansion into the North Bay and Wine Country areas, as well as our upcoming grand opening of BudCars LA.”
Management notes that BudCars growth has continually tracked ahead of expectations. However, the Company believes that geographic expansion is the key to unlocking a further dramatic acceleration in growth. As announced in a recent Letter to Shareholders, the Company is expanding BudCars initially into the North San Francisco Bay Area and the Wine Country counties. That will be followed by the grand opening of BudCars Los Angeles, which is anticipated to take place in November.
The Company also achieved an additional strategic goal during the quarter by securing rights to a property zoned for cannabis cultivation where it intends to establish a licensed cannabis cultivation facility, which presents the potential to widen profit margins further through vertical supply chain integration and the establishment of a branded line of cannabis products."
We really need to see the spread tighten and volume in. $MJLB
Nice to see the chart inching up lately. $MJLB
Wow great volume. Nice to see $SGMD getting the attention it deserves.
$HQGE up 43% today. Maybe this PR is finally starting to sink in: https://www.otcmarkets.com/stock/HQGE/news/HQGE-Applies-for-Change-of-Name-and-Trading-Symbol-in-Preparation-for-Upcoming-Releases-by-Big-M-Entertainment-Pictures?id=276473
$CBGL / $MCOA collaboration announced: https://www.otcmarkets.com/stock/CBGL/news/story?e&id=1709940
$IDVV latest events looking hot https://finance.yahoo.com/news/iec-enters-loi-atrius-energy-120000246.html
$SKDI with $11M revenue acquisition https://seekingalpha.com/news/3619744-sun-kissed-acquires-luxury-enterprise-11m-in-2019-revenue?utm_campaign=twitter_automated&utm_content=news&utm_medium=social&utm_source=twitter_automated
$BTDG great article. POTENTIAL! https://www.mmjobserver.com/the-rise-of-b2digital-inc-otcmktsbtdg-could-be-in-very-early-innings/33898/
Great article on $CBGL sweetner challenge https://www.journaltranscript.com/2020/09/cannabis-global-inc-otcmktscbgl-powers-into-sweetener-market-with-challenge-move/
Loving the evident accumulation here. Great indicators. $SGMD
$SGMD and Budcars will corner the entire Cali market before its all said and done.
Spread is tight enough we should see some more momo in power hour. $SGMD
$SGMD strong bid support here.
Time to chew through these 17s. $SGMD
$BTDG PR MMA on Amazon Fire TV https://finance.yahoo.com/news/b2digital-expedite-launch-b2-fighting-120000375.html
$SIRC Tweet. On the radar $SIRC making a good move retiring 20 mil shares on the 17th #OTC #goodtrade https://t.co/uxIQNI909i
$SIRC good news on the 17th, 20 million shares retired https://finance.yahoo.com/news/solar-integrated-roofing-corp-retires-141500929.html
$SIRC looking like a nice play on the make here.
$BCCEF Great PR today: BacTech Ships Concentrate Samples for Assay Ranging from 20 to 60 Grams Gold per Tonne
(via TheNewswire)
Toronto, Canada -TheNewswire -September 22, 2020-BacTech Environmental Corporation("BacTech or the Company") (OTC:BCCEF) (CSE:BAC)(CNSX:BAC.CN)today provided the following update on its Ponce Enriquez, Ecuador project.
As previously reported, a total of 6, 10-kilogram (22 lbs) concentrate samples were collected from 6 different processing plants around Ponce Enriquez. There are over 90 different processors in the area producing anywhere from 1 to over 20 tonnes per day of concentrate that contain high gold and arsenic values. The output is generated by both mine owners as well as small miners who deliver mineralized material for processing.
The gold grades of the 6 concentrate samples, as stated by the processors, ranged between 20 (.64 opt)and 60 (~2 opt) grams per tonne with arsenic values above 10% per tonne.
From the 6 collected concentrate samples, 3 arsenical refractory gold samples will be prepared and subjected to bioleaching and cyanidation testing. Two of the concentrate samples are Carbon-In-Pulp ("CIP") residues and the third is a blend of flotation concentrates that have not been previously contacted with cyanide. Regrinding and washing of the cyanide residues will be undertaken to remove traces of cyanates before bioleach testing and to avoid toxicity issues.
Given the presence of high levels of arsenic, the producers in Ponce Enriquez are subjected to a heavy discount in the prices they receive for their gold. A survey conducted by the Company would suggest that producers are paid approximately 65% of the gold value in the concentrate. The majority of the discounted high-grade gold/arsenic concentrates are bought by Asian smelters or roasters and shipped there for processing. For comparison, processors ofoxidematerial in Peru pay roughly 90% of the contained gold value.
BacTech's plan is to build a 50 tpd bioleach plant capable of treating high gold/arsenic material in Ponce Enriquez. A 50 tpd plant, processing 1.5 ounces of gold per tonne of feed, would produce approximately 26,000 ounces per year. The plants are modular and can be expanded without affecting the ongoing production.
ABOUT BACTECH
BacTech is promoting the use of its proprietary bioleach processing technology to treat historic arsenopyrite concentrates and tailings produced in the Ponce Enriquez area of Southern Ecuador.
For further information contact: Ross Orr, President & CEO, BacTech Environmental Corporation/ 416-813-0303 ext. 222, Cell 416-346-5529 and Email:borr@bactechgreen.com
Website:www.bactechgreen.com
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$BCCEF great to see the buzz here. Lots of new eyes trained on this now.
A nice string of news would work wonders on this low floater $BCCEF