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THE GOOD SHROOM CO DELIVERS AGAIN WITH ANOTHER SKU LAUNCHING TODAY EXPECTED TO GAIN MORE MARKET SHARE.

THE GOOD SHROOM CO DELIVERS AGAIN WITH ANOTHER SKU LAUNCHING TODAY EXPECTED TO GAIN MORE ...

articleMercanto Holdings IncOctober 13, 20225/company/good-shroom-co-inc/news/the-good-shroom-co-delivers-again-with-another-sku-launching-today-expected-to-gain-more-market-share
THE GOOD SHROOM CO DELIVERS AGAIN WITH ANOTHER SKU LAUNCHING TODAY EXPECTED TO GAIN MORE MARKET SHARE.

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[{"type":"text","content":"\n \n \n \n THE GOOD SHROOM CO DELIVERS AGAIN WITH ANOTHER SKU LAUNCHING TODAY EXPECTED TO GAIN MORE MARKET SHARE.\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n Oct. 13, 2022\n \n \n /CNW Telbec/ - The Good Shroom Co Inc. (the \"\n \n Company\n \n \" or \"\n \n MUSH\n \n \") through its subsidiary Teonan Biomedical Inc., operates Nordique Royale and is pleased to announce that it has begun selling Sage n' Sour cannabis flower in\n \n Quebec\n \n .\n \n \n \n \n \n \n \n \n \n Sage n' Sour by Nordique Royale launches today. The Company received its first PO for this product for\n \n $19,032\n \n and is expected to receive replenishment PO's every 1 to 2 weeks for this product in addition to its other products. This launch is occurring in approximately 30% of all stores for the first 6 months and is expected to move into all stores thereafter. The size of its PO's are also expected to increase concurrently at that time. The Company also has 5 other hash and cannabis flower products presently sold in\n \n Quebec\n \n and is launching several more in the coming months.\n \n \n The cannabis flower segment of\n \n Quebec's\n \n cannabis industry is by far the largest representing approximately\n \n $450M\n \n in annual sales. There are only 2 other Sage n' Sour products in this market at present which sell an average of approximately 4,900 units monthly at an average price of\n \n $29.25\n \n per unit. The company's Sage n' Sour will be sold at\n \n $25\n \n per unit and is expected to gain a portion of its competitors business and bring over consumers of other cannabis strains who felt the price was restrictive.\n \n \n MUSH CEO Mr.\n \n Eric Ronsse\n \n stated \"By volume of sales Sage n' Sour cannabis flower is a popular strain with few competitors which is why we've decided to offer this product and I believe we'll compete well with current suppliers.\"\n \n \n \n About the Company\n \n \n \n MUSH operates a portfolio of brands which include traditional cannabis and beverage products. It exists to...

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