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THE GOOD SHROOM PROVIDES AN UPDATE ON IT'S EXPANSION ACTIVITIES.
THE GOOD SHROOM PROVIDES AN UPDATE ON IT'S EXPANSION ACTIVITIES. Canada NewsWire ...
About this update from Mercanto Holdings Inc
[{"type":"text","content":"\n \n \n \n THE GOOD SHROOM PROVIDES AN UPDATE ON IT'S EXPANSION ACTIVITIES.\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 Aug. 31, 2023\n \n \n /CNW/ - The Good Shroom Co Inc. (the \"\n \n Company\n \n \" or \"\n \n MUSH\n \n \") provides an update on its expansion activities.\n \n \n \n \n \n \n \n \n \n The Company is set to expand on a variety of its brands with new products launching in the near future in the provinces of\n \n Quebec\n \n and\n \n Alberta\n \n . At present, it sells over 20 cannabis products under its various brands, with 7 of those accounting for the majority of cannabis sales. As a result, the company has focused its efforts on expanding those categories and product types in an effort to increase sales specifically through innovations in the edible and hash infused joint categories as further explained below.\n \n \n \n \n \n Quebec\n \n \n \n \n \n In early\n \n August 2023\n \n the Company received notice of conditional acceptance of a variety of new product listings to be launched this fall. With several variables and product details yet to be confirmed on each of those listings it is expected that the Company will be launching 7 to 13 more products in the months of October and November of this year (Q1 & Q2 fiscal year 2024). Those products include CBD capsules, hash infused joints, dried cannabis flower and edibles. Hash infused joints and edibles may potentially result in significantly more sales whereas cannabis flower and CBD capsules may have lower volumes but, nonetheless, could contribute to its expansion. Furthermore, it believes that the CBD capsule market may become a category with more overall growth as consumers become more familiar with CBD.\n \n \n The Company's \"\n \n Joints Infusés d'Afghan Gold\n \n \", which are joints infused with it's popular Afghan Gold hash maintains its popularity and, depending on the week, is usually in the top 3 selling products in the concentrates category in terms of weekly units sold. * One of the potential ...