DESERT SPRINGS, CA / ACCESSWIRE / June 21, 2022 / NutraNomics, Inc. (OTC PINK:NNRX) ("NutraNomics" or the "Company"), an emerging leader in organic plant-based nutritional science and innovation, is pleased to announce that its recent acquisition, DHS Development, Inc. (dba "The Plant"), a NutraNomics Company, produced a record-breaking year-to-date year-over-year revenue increase of 217% for the four months ended April 30, 2022.
The Plant and NutraNomics executed an acquisition LOI in January 2022, which included provisions for operational and financial support that fueled an immediate upsurge in growth, according to Company officials.
In addition to consistent Type 7 concentrate sales in Q1 2022, the Company added auxiliary contract packaging services including vape cart filling, pre-roll packaging, and concentrate packaging. Through April of this year, the organization has increased its headcount by 7x to over 70 employees from just 10 employees one year ago.
"The goal for this endeavor was to offer our clients a one-stop shop for product manufacturing, packaging, and delivery of retail-ready products under one roof," says Mattie Cooper, the appointed President of The Plant and its affiliates.
Note, the Company plans to release more information about Mattie Cooper and her important role in the near future.
"The acquisition of The Plant and its affiliates has resulted in a significant jump in production," says CEO Jonathan Bishop, CEO of NutraNomics. "As such, NutraNomics is well positioned for outstanding momentum going into the summer season. We have worked hard on day-to-day operations with a keen focus on future growth in the months and years ahead. I couldn't be more encouraged.
At NutraNomics, Inc. (OTC: NNRX), we are committed to excellence in organic plant-based nutritional science and innovation. That was our stance when we began in 1996, and it is still our stance today.
NutraNomics Website: https://www.nutranomics.com
NutraNomics Twitter: https://www.twitter.com/nutranomicsinc
Forward Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Geoff Bazegian, [email protected]
EDM Media, LLC
SOURCE: NutraNomics, Inc.