Monday, December 30, 2019 5:16:33 AM
Citation Growth (OTCQX: CGOTF) is well positioned to weather the storm
December 8, 2019
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Miami, FL – December 8, 2019 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Citation Growth Corp. (OTC Pink: CGOTF).
Citation Growth (OTCQX: CGOTF) distinguishes itself in the world of cannabis through its branding and it seems to be paying off and translating into financial performance. Citation Growth is a multi-state operator (MSO) which means that they have operations in more than one state. Their brands include Gardens of WeEden, Blunt Box, Superior, Fiore, PureCloud 9, and Diamante, which squarely targets the cannabis connoisseurs looking to purchase the highest quality products. This means that they are constantly experimenting with genetic combinations, different growing techniques, and processing protocols.
Citation established footings in multiple legalized regions to provide the highest quality products to consumers. By focusing on their branding message, coupled with attractive consumer packaging, they are able to charge a premium price that allows them to expand their offerings.
For Citation Growth to be successful in their business model, they need to wholesale their product to retailers and the most effective way is through branding and having a massive retail distribution channel.
The company is expanding operations in a period where other MSO’s like MedMen (OTCQX: MMNFF) are laying off 190 employees in an effort to achieve profitability. According to MJ Business Daily MedMen is “joining a growing list of cannabis companies shedding workers amid falling MJ stock prices and a dearth of outside funding.”
Remember Citation has the Brand: FIORE and here are the keys to Branding #1 The LOGO that will be known as the peoples choice of Cannabis Then all other aspects of Branding will fall into place over time......Organic Award Winning Cannabis will really help sell the Brand......
Citation established footings in multiple legalized regions to provide the highest quality products to consumers. By focusing on their branding message, coupled with attractive consumer packaging, they are able to charge a premium price that allows them to expand their offerings.
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