Plus Products Stock (CSE: PLUS) (OTCQX: PLPRF) - Investor Dashboard

➔ Plus Products
CSE Ticker: PLUS
Market Focus: United States
Classification: Brand
Country: United States
Employees: 24
Established: 2015
CEO: Jake Heimark


Fiscal Year-End: December
Exchange: CSE and OTCQX
Sector: Consumer Goods
Auditor: DMCL
Headquarters: San Mateo
States with Operations: CA and NV; CBD: National

Financials (06/30/20)

Cash on hand: $13.0 million
Fixed Investment: $2.9 million
Shareholders’ Equity: $6.0 million
Revenue: $4.3 million
Gross Margin: 36.3%
EPS: -$0.01

Capital Structure (08/20/20)

Last Financing: $25 million convertible note and warrants
As-Converted Shares: 43.3 million
Warrants: 2.4 million
Options: 3.0 million
Diluted Shares: 52.5 million


Company Brief

Plus is building the leading branded cannabis product manufacturing operation in the largest and most competitive cannabis market, California, through its wholly-owned subsidiary, Carberry. The company is dominating the branded product space by leveraging data to grow the company’s portfolio both organically and through acquisitions.

Plus has recently used its knowledge from scaling in California to enter into new markets, including Nevada for its THC products, and into 43 other states for its recently launched CBD gummies. The company’s primary goal is to make cannabis safe and approachable for everyone.

About PLUS Products

Why Edibles


  • One of the fastest-growing brands in California’s cannabis market; products available in Nevada through TapRoot partnership
  • Proven and experienced executive team
  • 12,000-square-foot licensed food manufacturing facility with $50M annual production capacity
  • 400+ delivery and retail partners
  • In addition to its stock, Plus convertible debentures (PLUS.DB) and warrants (PLUS.WT) trade on the CSE
  • Strong cash position

Growth Strategy

  • Building food manufacturing space enabling $150M in annual production and potential to expand to $450M total
  • Use knowledge from scaling in California to enter new markets with proven products and brands; Key focus markets include: Canada, Florida, New York, Michigcan, Massachusetts, and Nevada
  • Plans to expand into U.S. and international adult-use markets through pop-up manufacturing facilities
  • Distribution to more than 400 dispensaries across California and Nevada
  • Continued product innovation planned


  • Industry-leading food manufacturing and branding expertise
  • High market share
  • E-commerce platform geared toward the national hemp CBD market
  • Top-selling cannabis products in California
  • Products developed by Michelin Star sous chef
  • Products third-party tested three times throughout the manufacturing process
  • $1M+ marketing campaign

Institutional Analyst Coverage

Bobby Burleson
Canaccord Genuity

Jason Zandberg, CFA
PI Financial

Making Cannabis Safe and Approachable

Curated Stories & News

Visit Plus Products

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