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AeroGrow International, Inc Announces Its Q2 Results

AeroGrow International, Inc (OTCMKTS:AERO) Pronounces Its Financial Results For 2019.

There was a major decline in revenue represented by a figure of about $4.4 million. Compared to a similar period in the previous year, this was a terrible performance.It is representative of about 48%.

Wolfe’s perspective

This President & CEO J. Michael Wolfe has spoken concerning the matter. He says that the loss in line with the company’s business operations amounted to about $1.1 million. According to the official, this wasn’t impressive at all. He drew a close reference to the performance that was showcased over the previous year. During the time, this company obtained $672K in profit. Wolfe says that the headline for the quarter will insinuate this major decline in sales.

Defending the performance

The official says that a decline in sales is one of those reports they give with a heavy heart. However, he defends the company outlining that what happened was something to do with poor timing. The official believes that they should have thought deeply before making decisions regarding their retail landscape.

The passage of time has witnessed the company collaborate with some of the major retail partners. Some of these include Kohl’s and Bed and Amazon.com, Inc (NASDAQ:AMZN).

This company says that these are good businesses to collaborate with when it comes to making shipments. It has been relying on them in the shipment of its load-in orders for the holiday season.

During the August/September period, this business guru entrusted these retailers with the shipment of a huge deal of its load-ins. In the current year as well, the company has also decided to make large shipments through them. The same will be going on from November to December.

The Gross Margin of the company turned out to be a major disappointment. This had everything to do with the decline in the quarterly sales as well as the channel shift. However, the company continues hoping for better times ahead. It says that it will be looking forward to its holiday sales.

There is also the brighter side of things. There were still some areas that performed pretty well including sell-thru results to the customers.

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Kona Gold Solutions Inc (OTCMKTS:KGKG) Unveils Innovative Hemp Energy Drink Flavors

Kona Gold Solutions Inc (OTCMKTS:KGKG) has decided to produce HighDrate Storm, an innovative Alkaline CBD water. The ingredients in this new product are Alkame Water, good quality CBD, and antioxidants. It promotes metabolism and provides more energy. The company has sought the help of industry experts in the distribution and beverage field in developing CBD Water and understanding the market for bottled water. Kona Gold will offer the CBD Water in 1 liter and 24 oz bottles.

The company will offer HighDrate CBD Water in 2 new flavors including Cherry Vanilla, and Cherry Candy next week. It will also offer  HighDrate CBD Water in additional two flavors in Q1, 2019. The product is free from sugar. It consists of zero calories. It comprises organic hemp protein.

Chief Executive Officer of Kona Gold Solutions Inc., Robert Clark said the launch of innovative HighDrate Storm CBD Water and the extension of HighDrate CBD Energy Water indicates the forward thinking of the brand. The company is committed to bringing good quality and better tasting CBD and Hemp beverages to the customers. The new flavors complement the present flavor profile and meet the requirements of distribution partners.

Hemp Energy Drink Flavors – Cherry Vanilla and Cherry Candy Available on Amazon.com, Inc. (NASDAQ:AMZN)

Kona Gold Solutions Inc’s Hemp Energy Drink Flavors – Cherry Vanilla and Cherry Candy will be available on Amazon.com, Inc. (NASDAQ:AMZN). The company will also sell the new flavors on its website. The new flavors will be available for purchase one month after the launch of innovative and best selling platinum flavor.

The Wisconsin based distributor will have all the five flavors on its shelf next week. According to a communicative from Kona Gold Solutions Inc., the distribution partners in South Carolina and North Carolina will receive new flavors next week. The new flavors definitely find a place in the hands of health-conscious customers.

Kona Gold Solutions Inc Posts A Whopping 400% Jump in Revenues in This Quarter

Kona Gold Solutions Inc has reported an increase of 400% in revenues in this quarter when compared to the previous quarter. It is mainly on account of increased sales from product websites and Amazon.

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Viaderma Inc (OTCMKTS:VDRM) To Attend The Official Trade Mission In India

Viaderma Inc (OTCMKTS:VDRM) is a publicly traded specialty pharmaceutical company that was founded way back in 2014 by Dr. Christopher Otiko. Over the years, the business guru has dedicated itself to coming up with new products as well as licensing its top line technology to other companies in the pharmaceutical segment in a wide range of therapeutic areas.

Attending the upcoming Beauty & wellness Executive Service Program

In its latest statement, ViaDerma, Inc said that it was pleased to be one of the participants in the upcoming Beauty & wellness Executive Service Program. Reports from trusted sources indicate that the United States Department of Commerce will be the one hosting the program. Dr. Christopher Otiko, current President & CEO of ViaDerma has outlined that soon he will be travelling to Mumbai to be a part of the upcoming groundbreaking event being conducted from May 30 – June 2, 2018.

Fundamentally, the program will be a great opportunity for the various U.S. business executives to visit India where they will gain a much deeper understanding about the Indian beauty & wellness market. Partners interested in developing business with U.S. suppliers will be in attendance and there will be quite much to be exchanged in terms of the ways to increase productivity.

Recent developments

It was a short while back that ViaDerma, Inc reported the inaugural sale of VitaStem on Amazon.com, Inc (NASDAQ:AMZN). Since then, the company reports that it has continued witnessing major increases in terms sales made. The company is ramping up its advertising and marketing efforts in a market characterized by pretty stiff competition.

An official working with the company says that the shifts in business dynamics are normal and that as a company they won’t be distracted by anything on their quest to achieve immense business success.

Otiko opined, “This is a magnificent opportunity for ViaDerma to meet with and show Indian healthcare companies our cutting edge product that has proven to change the lives. ViaDerma is extremely excited to introduce Vitastem to India and its many healthcare providers.”

Just like the rest of the progressive businesses around the globe, the business giant has come across challenges. However, it remains optimistic about brighter days ahead.

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