LOS ANGELES -- (Business Wire)
Bud Genius (Symbol: RIGH) through its new development subsidiary, Genius
Biotech Corporation, has now become more than a lab, launching new
product distribution services for medical marijuana accessories in the
growing number of states where legal.
Sales reps are already entering dispensaries to receive samples for
testing on a weekly basis, thus adding a product catalog is highly
efficient. This pre-existing sales network eliminates the need for
additional visits by personnel from product companies. By combining
these all into one visit, the Bud Genius sales force can offer more
comprehensive products and services, train personnel on product
features, and refill inventories as needed.
Bud Genius will expand its services line to begin providing its
wholesale distribution catalog of professional grade products for
patients using medical marijuana as well as a catalog of products and
similar accessories to growers and dispensaries. The company will work
with known and emerging product manufacturers to leverage its network of
industry relationships by matching cannabis dispensaries to high-volume
selling products.
Company CEO, Angel Stanz had this to say, “This new subsidiary will more
than double the revenue potential of our company. There is a massive
buying demand for quality products in the cannabis marketplace, which
could really grow with further legalization. Bud Genius has cultivated
our buying relationships for over four years, and yet we find that new
companies with great products are having difficulties getting placement
at the retail level. In addition to our testing services, we are now
maximizing the effectiveness of our sales team by giving them a larger
toolkit to generate profits. The Bud Genius brand is an established
beacon of quality for cannabis products, and is now extending this stamp
of approval to quality accessories. Through our new subsidiary, we will
be fully audited, Sarbanes-Oxley compliant, and fully reporting. We are
offering the same level of quality to our own customers, and to their
customers.” Bud Genius does not grow or manufacture marijuana, but it is
well positioned to optimize the availability of accessory products and
laboratory services in the marketplace. More information will soon be
available online.
Companies with suitable inventories that are interested in distributing
their products to a greater audience are invited to contact BuyingPower@BudGenius.com
As of yesterday, quarterly reports are being prepared by the Wells
Compliance Group, an accounting and SEC reporting services firm in Santa
Monica, California. These will be posted as soon as the firm has
completed them.
About Bud Genius
An early leader in an industry that many are speculating will grow, Bud
Genius is one of the first established analytical cannabis laboratories
in the United States. Bud Genius was launched to bring vendors together
with doctors, patients, and dispensaries that require certified products
held to demanding standards. Bud Genius has a vision to expand across
the US and abroad serving as the beacon of quality for medical cannabis
and adult-use marijuana through the formation of regional laboratories.
Certification, data collection, and online reports are the measure by
which the company gains.
Contacts:
Bud Genius, Inc.
Angel Stanz
Chief Executive Officer
855-723-3283
PR@BudGenius.com
Source: Bud Genius, Inc.
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