Business
Phoenix-based No Borders Naturals, Inc. a subsidiary of No Borders, Inc. (OTC: NBDR) Announces Launch of Wholesale & Distribution Program.
Phoenix-based No Borders Naturals, Inc. a subsidiary of No Borders, Inc. (OTC: NBDR) Announces Launch of Wholesale & Distribution Program..
About this update from No Borders, Inc.
[{"type":"text","content":"No Borders Naturals, Inc. a subsidiary of No Borders, Inc. (OTC: NBDR) is pleased to announce that the Company is officially launching it’s Wholesale & Distribution Program in the USA beginning May 1, 2019.No Borders Naturals, Inc. has successfully completed it’s 3 month “beta testing” of Wholesale, Distribution, PopUp Store, Affiliate and Direct to Consumer sales models. Armed with the data and results from these beta tests the Company is committed to bringing the very best lab-tested natural wellness products to market across the USA in a data driven, fiscally and environmentally sustainable way.By strategically deploying the highest impact, lowest cost engagement and distribution models, No Borders Naturals aims to create a premier, nationally recognized brand while achieving scaled sales growth through the simultaneous deployment of multiple sales models in the fast growing US CBD industry. One example of an incredibly powerful, low cost engagement model is the No Borders Naturals “Free CBD Gummy Sample” campaign, these sample-pack campaigns have phenomenal social reach, fantastic website engagement, impressive sell through and compounded ongoing value through upsell, remarketing and re-order rates.According to a recent Forbes article, the US CBD industry, currently worth about $2B per year is projected to grow by 8X over the next 5 years to an annual value of $16B. According to the article, currently about 7% of the US population has tried CBD products and No Borders Naturals sees massive opportunity for the Company to achieve significant market share over the next few years by utilizing NBDR’s technological, marketing and operations expertise.As previously announced, No Borders Naturals is actively continuing to move forward with the filing and publication of Trademarks with the USPTO. As the Company has continually stated, owning and protecting intellectual property around the NBDR brands is a key focus of long term value creation for the company and its stakeholders.“We are very happy to have completed our initial round of market engagement beta testing. We learned a great deal about the costs, pain points, challenges and rewards of the various go to market models and as always, we are using that data to immediately impact our operational strategies in real time. Deploying our Wholesale & Distribution Progr...