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Re: PennyWorld post# 26106

Sunday, 07/19/2020 5:05:28 PM

Sunday, July 19, 2020 5:05:28 PM

Post# of 27472
This Most Current News Grand (GRCV) Capital Ventures Inc.
Could Be just Rumor COVID19 PPE's, Wouldnt Surprise me
GRCV’s Wholly-Owned Yuka E Commerce Projected to Surpass CBD Sales by 50% Increase Over 2019
Press Release | 07/17/2020
MIAMI, FL / ACCESSWIRE / July 17, 2020 / Grand Capital Ventures, Inc.'s (OTC PINK:GRCV) ("the Company") wholly-owned subsidiary Yuka E-Commerce ("YUKA") continues to make strides in the CBD space. The company is in the process of adding 6 new full-line CBD brands to its already vast portfolio consisting of over 20 existing CBD clients including Sunset CBD, Dr. Stern, and Kangaroo CBD.

Yuka E Commerce is at the forefront of distribution and sales; with a growth of 50% in the first 6 months of 2020 alone. Yuka E-commerce is projected to surpass 75% annual increase year-over-year in comparison to 2019 when sales reached $1,400,000 with 99,000 products sold. For the same period in 2020, Yuka has already generated over $2,700,000 in sales and more than doubled the number of units sold with over 174,000 units having shipped.

With regulations nation-wide easing following the 2018 Farm Bill where legal restrictions on Hemp derived products were lifted, a recent study by leading cannabis researchers BDS Analytics and ArcView Market Research projects that the collective market for CBD sales in the U.S. will surpass $20 billion by 2024.

"While many companies focus on generic variation of the same assortments, Yuka E-commerce is actively pioneering innovation by collaborating with manufacturing partners to bring to market new and exciting products in the CBD space. Since demand for CBD products will continue to increase, we are not only facilitating the change but are spearheading it." said Mier Avitan, President of GRCV. "We are focused on innovation and staying ahead of the curve. Aside from on-boarding new brands weekly, a partnership agreement is in the works with a company who has very strong manufacturing capabilities and mass-production for Q4 will begin very shortly" he added.

About Yuka E-Commerce

Yuka is an e-commerce company dedicated to providing strategic sales channels for brands looking to enter or expand in the global e-commerce market. YUKA provides a full spectrum of brand building and sales-and-marketing services to expand a client's brand reach. Services offered include not only comprehensive sales and marketing services, but also operational sales and fulfillment logistics, and product and brand photography. For more information, visit our website at www.Yukaecom.com

About Grand Capital Ventures, Inc.

Grand Capital Ventures is a company with a historic focus in the nurturing of companies demonstrating a positive upside while striving to bring new technologies and unique products to their respective markets.

For more information, visit our website at www.GR-CV.com.

Yuka E-Commerce, GRCV's subsidiary, projects higher CBD sales
Jul. 17, 2020 3:53 PM ET|About: Grand Capital Ventures, Inc. (GRCV)|By: Khyathi Dalal, SA News Editor
Yuka E-Commerce, wholly owned subsidiary of Grand Capital Ventures (OTCPK:GRCV -25.0%), is underway adding six new full-line CBD brands to its already existing vast portfolio of 20+ CBD clients.

The e-commerce website is estimated to exceed 75% Y/Y annual increase in 2020.

"Aside from on-boarding new brands weekly, a partnership agreement is in the works with a company who has very strong manufacturing capabilities and mass-production for Q4 will begin very shortly," president Mier Avitan commented.

A recent study by cannabis researchers BDS Analytics and ArcView Market Research projects that the collective market for U.S. CBD sales will surpass $20B by 2024.

Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may," or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

CONTACT:

Grand Capital Ventures, Inc.
1815 NE 144th street, Miami, FL. 33181
786.657.2446 ext. 124

SOURCE: Grand Capital Ventures, Inc.

CRCV's Yuka E-Commerce increased sales through Groupon
Jul. 14, 2020 9:08 AM ET|About: Grand Capital Ventures, Inc. (GRCV)|By: Khyathi Dalal, SA News Editor
Yuka E-Commerce, wholly owned subsidiary of Grand Capital Ventures (OTCPK:GRCV), established itself as a key partner for Groupon's (NASDAQ:GRPN) new platform and recorded ~$2.4M sales in 1H20 compared to ~$1.9M in same period year ago.

Expanding its customer base, the company shipped 180K items compared to 68K.

In order to transition to Groupon's new platform, Yuka is selected as one of the few vendors; benefits include improved payment terms, better monitoring of live deals, and a better approach to all pricing aspects.

As a leading partner, Yuka will be required to oversee all customer service matters, and thereby will expand its teams accordingly.

As pandemic pushes more online shopping, Yuka projects an additional 20% Y/Y sales growth on the new Groupon platform.

For 3Q and 4Q, the company estimates higher sales with the daily addition of new products.
https://seekingalpha.com/news/3590987-grcvs-yuka-e-commerce-increased-sales-through-groupon


Rapid consumer adoption fuels high scan rates
https://www.scandit.com/resources/case-studies/yuka/


GRCV's E-Commerce Sales with Groupon Increased 20% for the First Half of 2020
Tuesday, July 14, 2020 8:30 AM
MIAMI, FL / ACCESSWIRE / July 14, 2020 / Grand Capital Ventures, Inc.'s (OTC PINK:GRCV) ("the Company") wholly-owned subsidiary Yuka E-Commerce ("YUKA") has established itself as a key partner for Groupons' new platform, With a strong proven track record, Yuka is on a path to significantly increase revenue in 2020. Sales during the first half of 2019; January thru June; totaled approx. $1,900,000 with the company shipping over 68,000 items. So far in 2020 between the months of January and June, Yuka has approximately sold $2,400,000 with more than 180,000 units reaching new customer base.


Grand Capital Ventures, Inc. (OTC Pink: GRCV) up 88% after Announcing Sales of over $700,000 Worth of CBD Goods in Online Campaigns
https://emerginggrowth.com/grand-capital-ventures-inc-otc-pink-grcv-up-88-after-announcing-sales-of-over-700000-worth-of-cbd-goods-in-online-campaigns/
https://www.accesswire.com/597895/GRCVs-Wholly-Owned-Yuka-E-Commerce-Projected-to-Surpass-CBD-Sales-by-50-Increase-Over-2019