This Company is Using E-Commerce to Realize Massive Revenue Growth, Just Like Cannabis Pioneers
Investors Took Notice when Cannabis Names Such as Namaste and Potnetwork Reported Huge Sales Growth, Primarily Attributed to the Rise of their Presence Online Conversion Labs (CVLB) is an E-Commerce Name Flying Under the Radar. 2018 has Proven to be a Record Year for Sales as Company Continues to Grow their Brands. Peer Comparison Suggests it Could Have 100% of Upside Potential NEW YORK, NY / ACCESSWIRE / November 6, 2018 / Namaste Technologies (NXTTF) and Potnetwork (OTC PINK: POTN) have been two noteworthy beneficiaries as consumers move online to purchase cannabis-related products. Combined, these two companies have generated over $26 million in annual revenues from online cannabis, a market still in its infancy.
Similarly, Conversion Labs (CVLB) is utilizing e-commerce trends to grow their top line. Their brands have contributed to record revenues in 2018, positioning Conversion Labs as a rising player in e-commerce. Conversion Labs has reported that revenues for the first 9 months of the year are up 72%. With two new upcoming product launches, CVLB's robust growth is expected to continue throughout the remainder of 2018.
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