News Focus
News Focus
icon url

kf3991

05/02/19 11:16 AM

#6569 RE: kf3991 #6568

Not sure if i like that its Plexus branded... that may be a bad thing if they throw a bunch of other crap in the product and start mentioning CWs name
icon url

DarthYoda

05/02/19 11:38 AM

#6573 RE: kf3991 #6568

That's just as well. Did we just gain future product sales or lose future product sales?

My point is still the same. The CW brand is not in any danger from that move. It will benefit. Watch.
icon url

Trulio_217

05/02/19 1:25 PM

#6582 RE: kf3991 #6568

IR's email to you about the relationship is probably no surprise at all considering our new CEO.

Check out the youtube link I posted with the speech by the new CEO:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148509216

The emphasis in this speech is understanding consumers and, specifically, new consumers. CBD products are part of a whole new industry. Data on these customers will be gold, specifically when that data is proprietary.

I think this passage from IR's email is important (especially the bolded part):


The innovative pilot program provides access to a customer demographic that would otherwise not be exposed to our digital or traditional advertising media. More importantly, the structure of the Plexus direct-selling organization offers consumer education moments not easily available through traditional retail channels. Direct consumer-to-consumer selling harnesses the power of word-of-mouth exposure – by far the most effective tool in an industry that is limited in its formal advertising – by contracting affiliates or brand ambassadors to communicate consumer-to-consumer. We believe the uniquely high consumer touch model through Plexus enables consistent exposure and education surrounding the health benefits from full-spectrum extracts and cannabinoids, an ongoing effort Charlotte’s Web has been at the forefront of since its inception.



So CW will gain not only sales from this relationship, but brand awareness and VERY important data.

I get your hesitation about MLM, though. Makes me think of this scene from Go:

icon url

WhiteSpace

05/02/19 2:01 PM

#6590 RE: kf3991 #6568

RE: Plexus - It looks like the product will be a special formulation that carries the Plexus brand. I suspect there will be a dual brand or a co-brand with CW, but we will have to wait and see how this unfolds.
icon url

Street Smart

05/02/19 2:44 PM

#6600 RE: kf3991 #6568

This is very good news. Thanks for posting. The company knows what they are doing