"Launching our own distribution in Oregon is a very exciting time for us and the growth in our business. Bringing distribution in house saves the company the 20% in distribution fees being paid currently and adds a nominal expense as our teams have been in the field for over two years driving the majority of our sales," says Corey Mangold, CEO & Founder of Orchid Ventures.
"This not only saves the company a significant amount of money but also increases the touchpoints with our retailers and further strengthens those relationships. We are excited to bring Greenbloom Distribution online as a value add in our supply chain."
Orchid’s Delivery Platform expected to add more brands and more dispensaries as the company’s torrid pace of growth continues, the 20% savings in fee will increase the bottom and bring the company much closer to the customers.
The Company has already reported 123% Jump in Revenue in 2019 See The Details
*Orchid Ventures is a client
Editor’s note:
Extremely Confidential and Highly Insightful Report by OxBridge Research, every Cannabis Company CEO must read ‘The Future of Cannabis in America’ and Canada Cannabis Inc. Contact now!
The report contains exclusive content on: JUUL's Rise & Fall, and how JUUL’s problems, CDC, FDA crackdown and impending Federal/State regulations may affect the future of Cannabis Industry and how you can deftly navigate, stay complaint and thrive, while your competition slowly withers away!
Get Yours: Contact now!
TOP 10 E-Cigarettes and Vaping Facts you should know!
