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</form>Text Content
This Little Known NASDAQ Company Is making Huge Moves and This CEO's Track
record is not to be taken lightly.
Sponsored Content By: Grove Inc.
3:51am 9/17/2021
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MEET GROVE INC. (NASDAQ: GRVI) -- THE NEWLY DEBUTED NASDAQ COMPANY THAT IS
FIRING ON ALL CYLINDERS TO BECOME ONE OF THE BIGGEST NAMES IN THE FAST-GROWING
LEGAL CANNABIS AND WELLNESS ARENAS!
Nevada-based Grove Inc. is in the business of developing, producing, marketing
and selling raw materials, white label products and end consumer products
containing the industrial hemp plant extract, Cannabidiol (“CBD”). The Company
sells to numerous consumer markets including the botanical, beauty care, pet
care and functional food sectors. It seeks to take advantage of an emerging
worldwide trend to re-energize the production of industrial hemp as well as
vitamins and to foster its many health and wellness uses for consumers.
WHILE EVERYONE IS BUSY SEARCHING FOR THE NEXT EXCITING IPO… GROVE INC. (NASDAQ:
GRVI) MAY BE ONE OF THE MOST PROMISING GROWTH STORIES HIDING UNDER THE RADAR!
THE TOP 5 REASONS WHY GROVE INC. (NASDAQ: GRVI) SHOULD BE ON YOUR RADAR:
* A successful launch of its initial public offering (IPO) in June of 2021 has
made the company’s debut VERY recent to the NASDAQ! This is looking like an
exciting ground-floor situation…
* A strong entrance into the nutraceutical space with the completed purchase of
VitaMedica, a leading online seller of supplements for Surgery + Recovery,
Skin + Beauty, and Health + Wellness. The closing of the acquisition will be
immediately accretive to Grove, being both top line and net income positive
for the company as VitaMedica has seen $10M in product sales over the past
several years!
* Has recently closed its acquisition of Interactive Offers, which provides
programmatic advertising with its SAAS platform. The addition of Interactive
Offers’ SAAS platform is expected to significantly improve product sales and
CBD Brand business in addition to providing a profitable, stand-alone
technology division and in-house ad service platform!
* Recently expanded into the rapidly growing plant-based market for gummy
vitamins with their newest product line, Qubes! This newest launch is set to
take advantage of the growing demand in the vitamin space. The global gummy
vitamins market size is estimated to be valued at $5.9 billion in 2020 and
projected to reach $10.6 billion by 2025, recording a CAGR of 12.5%.”
* Company has attacked the Amazon aggregation market with a new division called
Upexi. According to Marketplace Pulse, this market has attracted more than
$10 billion in funding since 2020!
* The company is already producing multi-millions in revenues and revenues are
growing YOY! From $7.4 million to approximately $23.75 million in a single
year! NOW THAT IS SOME STELLAR GROWTH!
NEW TO THE NASDAQ SCENE, GROVE INC. (NASDAQ: GRVI) HEATING UP IN THE HEMP, CBD,
AND NUTRACEUTICAL SPACE ALL WHILE EXPLORING MORE MARKET SEGMENTS TO HELP
SOLIDIFY IT AS AN ESTABLISHED PLAYER IN THESE EXPLOSIVE ARENAS!
SEE THE FULL STOCK CHART HERE...
The rise in consumer interest and purchasing power for “wellness” products
represents opportunities for the company across THREE tremendous markets:
* Hemp
* Nutraceuticals
* Vitamins
As consumer spending rebounds and stress continues to mount for millions of
people, consumers are becoming more interested in better health, better sleep,
better nutrition, and even a better appearance.
With an extensive product line, Grove Inc. (NASDAQ: GRVI) aims to connect
consumers to a solution for any wellness goals that they may have.
Did you know that one of the highest levels of spending has been found in the
wellness and hemp categories?
* The global wellness economy was valued at a monstrous $4.5 trillion in 2018.
* Based on New Frontier Data in 2019, the amount U.S. consumers spent on
cannabis products per year had been estimated to be $5.8B! This was about
$206.5M a day!
Now may be the best time to have your eyes on the company as cannabis continues
to gain momentum towards receiving U.S. federal legislation.
SEE THE FULL STOCK CHART HERE...
PLUS… GRVI recently signed an LOI to acquire a SaaS company that could scale its
most recent VitaMedica acquisition, and any additional brands acquired going
forward.
The magnitude of this pending acquisition should be paid serious attention to!
“Our growth is the cumulation of hard work by our entire team and a strategy
that built a foundation for continued growth and expansion while maintaining
profitability. I am excited heading into 2022 with some momentum and flexibility
to invest in new verticals and continue our internal growth.”
— CEO Allan Marshall
CONTINUE READING TO SEE HOW THE MULTI-TRILLION-DOLLAR WELLNESS MARKET MAY TURN
GROVE INC. (NASDAQ: GRVI) INTO ONE OF THE MOST SUCCESSFUL COMPANIES ON THE
NASDAQ!
Greetings Investors,
The idea of “wellness” has been around for a long time…
Decades ago, Jane Fonda workout tapes kept consumers healthy and happy but
today, there is a far more sophisticated lens to look through when it comes to
nutrition and wellness.
Today there are far more choices in the types of products and services that
offer health benefits to consumers.
Consumers are caring deeply about wellness AND this interest is growing!
In fact, investing in health and wellness is considered priceless for motivated
millennials. A study from My Protein surveyed 1,350 US adults aged 18 to 65 and
found that the average American spends $155 per month on their health and
fitness, that’s $112,000 in their entire lifetime.
SEE THE FULL STOCK CHART HERE...
This is $13,000 more than a public four-year college education which averages
about $98,440!
McKinsey & Company research has also found in a survey of roughly 7,500
consumers in six countries, that a staggering 79 percent of the respondents said
they believe that wellness is important, and 42 percent consider it a TOP
priority.
The firm additionally found that in every market they researched, consumers
reported a substantial increase in the prioritization of wellness over the past
two to three years!
GROVE INC. (NASDAQ: GRVI) IS PUSHING TOWARDS NEW HEIGHTS AND IS EMERGING AS THE
FACE OF THE LEGAL HEMP INDUSTRY AND WELLNESS SPACE!
This is a vertically integrated company with multi-tier approach to its business
operations from very early on. Components include:
* Automated Low-Cost Manufacturing
* Wholesale Sales
* Private Label Offerings
* In-house Brands
* On-Site Fulfillment
BRANDS
CBD
A full product line of CBD oil, gummies, and tinctures catering to your personal
needs and giving each consumer the ability to shop by effect.
VITAMINS
Our vitamin gummy line takes wellness to the highest level of consumer
satisfaction, curating experiences based on your own goals.
Analysts at Credit Suisse say the plant-based market could grow 100-fold by
2050. In fact, they believe that a plant-based shift in global food systems in
“inevitable,” as noted by The Beet, and that the market could reach $1.4
trillion by 2050!
CBD INFUSIONZ
A hub for all things hemp. From CBD infused lotions, tinctures, gummies, coffee
and even pet products, this is the one-stop shop for wholesalers and private
label inquiries.
Visit CBD Infusionz
GRN
CBD shop for wholesalers and consumers alike, cutting out the middleman and
delivering high quality, yet competitively priced CBD for all.
Visit GRN
SEE THE FULL STOCK CHART HERE...
A MULTI-TIER APPROACH
HOW DOES THE COMPANY DO IT?
Automated Low-cost Manufacturing:
Grove Inc. (NASDAQ: GRVI) grew the business planning for the future with
investments in facilities.
* Automated production equipment, large capacities with lowest cost.
* Automated packaging equipment, employee count reduced by half with higher
volumes.
* In-house fulfillment. Dependable same or next day shipments on all customer
orders.
* Manufacture for approximately 100 clients driving loyalty and lower overall
cot for manufacturing in-house brands.
Wholesale:
3 Major Problems Existed in the Hemp Industry: Pricing, quality, and turnaround
time.
* No one had a reliable source. Grove Inc. (NASDAQ: GRVI) gave them the only
trusted option.
* Extensive product line, as little as two-day turnaround, verified 3rd party
lab tests to assure customer satisfaction, and priced competitively, keeping
margins high.
Private Label:
* Grove Inc. (NASDAQ: GRVI) offers custom formulations in all categories
* Research and Development for new innovative products in Botanicals ad CBD
* R&D fees boost sales and the company maintains the formulation
Through the company’s trade show CBDio, he largest hemp convention in the world,
GRVI built their connections quickly, gaining industry attention from major
rands hat the company now produces and manufacturers for over 50 companies!
Grove Inc. (NASDAQ: GRVI) is now the most reliable resource, and more brands
continue to follow suit!
In-house Brands:
Grove Inc. (NASDAQ: GRVI)'s Direct-to Consumer brands cut out any middlemen,
allowing the company to offer the most competitive pricing, turn around products
quicker, and consistently move out with new product lines, thanks to a
state-of-the-art facility!
SEE THE FULL STOCK CHART HERE...
WHAT STARTED AS A GROUP OF HEMP ENTHUSIASTS, EAGER TO SPREAD THE POSITIVE
BENEFITS ASSOCIATED WITH THE USE OF HEMP-BASED PRODUCTS HAS NOW BECOME A WHOLE
LOT MORE FOR GROVE INC. (NASDAQ: GRVI)
AN INDUSTRY LEADER IN WHOLESALE CBD
Because of their state-of the-art manufacturing facility that they operate
in-house, customer service and competitive is second to none!
Grove Inc. (NASDAQ: GRVI) adheres to all rules and regulations pertaining to
hemp legal requirements and run the business based on complete transparency.
Their cost-effective process cuts out the middleman, so they are able to cater
to the demand request of CBD.
The company’s executive team of supply chain professionals have one goal… to
deliver the highest quality products with the quickest lead time in the
industry.
On-site Fulfillment + Production:
State of the art facility with a focus on automation and efficiency produces all
hemp-based products in the form of tinctures, topicals, and edibles.
Vitamins: All plant-based supplements offered in gummy form, certified vegan.
THE CBD.IO MARKETPLACE - FOR THE BEST PRODUCTS IN THE INDUSTRY
Grove Inc. (NASDAQ: GRVI) has curated the best brands in the country and are
generating over 2M in sales for their venders each and every quarter!
The company has created a one-stop shop for all brands that purchase from the
company to host their product on the CBDio marketplace.
The more they sell, the more orders they place!
This is an online marketplace exclusively for leaders in this space….
THE HEMP OPPORTUNITY
When the U.S. Department of Agriculture (USDA) first released its interim final
rules for the U.S. Domestic Hemp Production Program in October 2019, interest in
the hemp industry exploded!
Based on data from the Cannabiz Media License Database, the number of active
hemp licenses at the end of 2019 was almost more than the number of active
cannabis licenses in the United States.
It is estimated that more than 50,000 products can be made from hemp!
This includes food, nutrition, personal care, health and wellness, paper,
textiles, building materials, medicines, pet bedding, plastic alternatives,
biofuels, and energy.
In the United States, food products and CBD brands are two of the fastest
growing categories within the hemp market and demand for hemp products is also
growing quickly in other parts of the world.
This demand is occurring in both established hemp markets and untapped markets –
and expansion opportunities abound.
Matthew Harmon, a seasoned real estate executive and film maker, has spent over
ten years exploring the economic potential of hemp. He traveled the world with a
film crew to produce his 2018 documentary, "Hemp: Our Industrial Legacy."
SEE THE FULL STOCK CHART HERE...
President Trump signed a federal farm bill that legalized industrial hemp that
same year.
“From farming to processing to creating new hemp-based products, the opportunity
is enormous. Hemp has myriad uses, many of which are just being tapped. With the
potential to grow 100 million acres in the next 50 years, I would estimate the
market potential from this plant to be more than $1 trillion just in the United
States.”
— wrote Harmon in his book “Marijuana Hater's Guide to Making a Billion Dollars
From Hemp”
Grove Inc. (NASDAQ: GRVI)'s current revenue is driven by its hemp business.
Highlights of fiscal 2021 include a 250% increase in revenue to $24.1 million!
Net earnings were $2.9 million, or 25 cents per share. Estimates for fiscal 2022
revenue is between $48 million and $55 million.
The company’s success in the hemp market is driving the company’s revenue and
profits, and the new division will benefit from the skills and personnel that
created this success — those who can market one product have what it takes to
market another.
By collecting products and companies in other verticals Grove can bring its
skills to more markets and multiply the return on investment and the company’s
knowledge base.
“We’ve seen exponential growth in our hemp business over the past 2 years and
continue to grow. It’s now afforded us the ability to expand into other
verticals. Amazon aggregation has been a goal for us since the beginning. We’re
hoping to add 10-plus Amazon and e-commerce businesses to the portfolio over the
next year and another 10 the following. We want to reward people for what
they’ve done and give them the ability to see their brands grow under Grove. In
many cases, we hope to attract the Amazon and e-commerce experts behind these
brands and continue to add talent to our team.”
— CEO Allan Marshall
THE PLANT-BASED OPPORTUNITY
Grove Inc. (NASDAQ: GRVI) has expanded into the rapidly growing plant-based
market for gummy vitamins with their newest product line, Qubes!
The brand currently offers customers unique products from Apple Cider Vinegar +
Acai, Turmeric Immunity, and an upcoming Algae Oil supplement that will act as a
plant-based alternative to fish oil for daily Omega-3 intake.
Qubes gummies are COMPLETELY FREE of preservatives, chemicals, corn syrup,
allergens, soy, dairy, wheat, salicylates, artificial ingredients, artificial
sweeteners, flavors or colors.
This newest launch is set to take advantage of the growing demand in the vitamin
space.
“The global gummy vitamins market size is estimated to be valued at USD 5.9
billion in 2020 and projected to reach USD 10.6 billion by 2025, recording a
CAGR of 12.5%””
— https://www.reportlinker.com/p05978377/
The plant-based segment is a new product line in a rapidly expanding market with
great growth and opportunity. The Qubes Brand can only enhance the company’s
product offering for Plant-Based and CBD-based products.
“The launch of Qubes is another positive step towards our expansion into
multiple verticals. Grove Inc. is not just a C.BD company and we will continue
to expand our reach into profitable markets. Our Direct to Consumer strategy
will continue to drive our future growth and continued profitability.”
— CEO Allan Marshall
“Here at Qubes, we’re dedicated to taking the “less is more” approach to health
and wellness. We focus on creating formulations centered around innovative
ingredients, to make our gummies simple yet effective. We source our ingredients
meticulously and with great care, to ensure purity and quality.”
— GetQubes.com/
THE PLANT BASED REVOLUTION
Credit Suisse projects that the plant-based food industry is projected to be 100
times larger by 2050!
Plant-based food dollar sales grew 43 percent in the past two years and food
sales grew almost 2.5x faster than total food sales from 2018 to 2020.
Data by the Plant Based Foods Association and The Good Food Institute revealed
that the growth rate of US plant-based meat, dairy, and eggs sales has outpaced
that of animal products for the third year running, with over 40% of consumers
choosing non-dairy milk and one in six US households opting for plant-based
meat. Plant-based cheese grew by 42% – almost twice the rate of dairy cheese,
while plant-based eggs grew 168%, almost 10 times the rate of poultry eggs.
“The plant-based segment is projected to grow at the highest CAGR during the
forecast period. Consumers increasingly prefer adopting vegan and vegetarian
lifestyles. Due to these factors, manufacturers in the global gummy vitamins
market are producing gummies with agar-agar and xanthan gum, and plant-based
alternatives to avoid the use of gelatin. As the consumers in the global market
are increasingly shifting toward plant-based sources of products, the market is
projected to grow at a higher pace.”
— https://www.reportlinker.com/p05978377/
ACQUISITION OF VITAMEDICA
Grove Inc. (NASDAQ: GRVI) has gained a strong entrance into the nutraceutical
space with the completed purchase of VitaMedica, a leading online seller of
supplements for Surgery + Recovery, Skin + Beauty, and Health + Wellness!
The closing of the acquisition will be immediately accretive to Grove, being
both top line and net income positive for the company.
The acquisition combines Grove’s innovation in production with the extensive
product line of VitaMedica, which has been recommended by thousands of doctors
and served over 1 million patients!
With this acquisition, the Company has taken direct aim at the vitamin +
nutraceutical market in order to address the health + wellness needs of all
consumers.
VITAMEDICA STOOD OUT, NOT ONLY BECAUSE OF ITS REPUTATION AND TESTIMONIALS FROM
CONSUMERS, BUT BECAUSE OF 25 YEARS OF CLINICAL USE AND PHYSICIAN-FORMULATED
PRODUCTS!
“Our team at Grove gained a great company with an amazing product line that has
generated more than $10 million in sales over the past several years and we
believe has the potential for exponential growth from here. We at Grove are most
excited about the team members we gained with the addition of Dr. Rahm, Yvette
La-Garde and their entire team. I believe the people you get when acquiring a
company are of critical importance to the combined company’s success. This is a
great start to our Fiscal 2022 and I look forward to working with everyone to
maximize the opportunity.”
— Allan Marshall, Chief Executive Officer of Grove
Strategic Highlights
* VitaMedica’s $10M in product sales over the past several years adds to
Grove’s rapidly expanding revenue and YoY profits
* The addition of Dr. Rahm provides Grove with a close connection to thousands
of doctors and over 1 million consumers, laying the groundwork for future
partnerships in the medical and therapeutic space for the use of Grove’s
expansive hemp-based products
* The transaction adds a diversified health and wellness portfolio and entrance
into nutraceuticals for Grove
* Opportunity to cross sell Grove and VitaMedica products to both companies'
existing customers and databases
* Combining VitaMedica’s scientific approach to product creation with Grove’s
nationwide distribution channels should further drive growth and new
opportunities
“I founded VitaMedica to ensure that my patients were able to obtain
high-quality nutritional supplements. After providing our products only through
plastic surgeons, cosmetic dermatologists, and medical spas for over a decade,
we’re pleased to offer our recovery, skin health and weight management products
to consumers directly on our website.” Vitamedica actively sells their products
to consumers as well as doctors and surgeons who offer products to their
patients, creating a full circle distribution channel with everyday people and
the medical field.”
— David H. Rahm MD
GROVE INC. (NASDAQ: GRVI) HOPES THIS OPPORTUNITY WILL PROVIDE ACCESS TO THE
NUTRACEUTICALS MARKET, WHICH BOASTED MORE THAN $160 MILLION IN GLOBAL SALES IN
2020!
CLOSES ACQUISITION OF INTERACTIVE OFFERS
Grove Inc. (NASDAQ: GRVI) has completed its previously announced acquisition of
Florida based advertising company Interactive Offers!
Interactive Offers and it’s SaaS programmatic advertising platform has served
the tech space with great success over the last several years.
Interactive Offers current revenue projection of $10-12 million for 2022
provides Grove with a solid entry into the Programmatic Ad space and adds a
unique in-house advertising platform to leverage and scale its current and
future brands.
The company programmatic advertising with its SAAS platform and has served the
FinTech space with great success over the last several years. The SAAS platform
allows for programmatic ad placement automatically on any partners’ sites from a
simple dashboard.
Just look at some of these valuations in the fintech arena:
* Stripe: $95 billion. Founded in 2011, Stripe helps process online payments
for small businesses and even tech giants like Microsoft and Zoom. ...
* Klarna: $31 billion. ...
* Kraken: $20 billion. ...
* Chime: $14.5 billion. ...
* Plaid: $13.4 billion. ...
* Robinhood: $11.7 billion. ...
* Brex: $7.4 billion. ...
* Carta: $6.8 billion.
Source: The 11 Biggest Fintech Companies In America 2021 (forbes.com)
The addition of Interactive Offers’ SAAS platform is expected to significantly
improve Grove’s product sales and CBD Brand business in addition to providing a
profitable, stand-alone technology division and in-house ad service platform.
INTERACTIVE OFFERS’ CURRENT GROWING REVENUE STREAM INCLUDES DEDICATED EMAILS,
NATIVE, PROGRAMMATIC AND DISPLAY ADVERTISING ACROSS SOME OF THE LARGEST
PUBLICATIONS AND OFFERS A ONE-STOP SHOP ADVERTISING SOLUTION TO GROVE’S GROWING
CLIENT BASE!
The platform and advertising advantage Grove adds with this transaction gives it
the ability to scale its most recent VitaMedica acquisition and any additional
brands acquired going forward.
Strategic Highlights
The contemplated acquisition adds a Technology Segment to our growing business
while expanding the current, stand-alone programmatic business. Both businesses
will grow while adding significant value to our shareholders and more services
for our customers.
* Business Synergy
* Interactive Offers SaaS Platform expansion into the Hemp and Cannabis space
and fills the needed advertising void for Grove to grow product sales for our
Brands and Partner brands.
* Interactive Offers business grows through access to Grove’s clients who need
advertising partners and a full-service SaaS platform.
* Interactive Offers technology development team will handle all planned
development of the CBD.IO platform to become an industry leader of CBD sales
for brands.
* SAAS Technology in the Adtech vertical will allow Grove to boost any Brand
launched or purchased in the future.
* Value Proposition
* SaaS Advertising Platform allows us to enter a rapidly growing vertical into
which Grove had planned to expand.
* Interactive Offers will expand and grow revenues by entering a market
un-serviced by major ad networks.
* Grove’s clients have access to the platform as an additional service
available along with manufacturing, trade shows, product development and
order fulfillment.
* Interactive Offers profitable technology business adds to Grove’s strong
revenue growth, both top and bottom line.
“Interactive Offers has a brilliant platform, development team, and management.
When it comes to SaaS, they check off every box, creating a streamlined process
for advertisers and publishers alike. The technology is set up and designed for
ease of use and efficiencies in deliverability and reporting across email,
native ads, and display. It not only fills a void for our brands but gives all
of our clients a unique ad platform that they can take advantage of immediately.
With the new revenue accretive Adtech Technology division we will look to grow
our current Brands and additional Brands we acquire in the future. Along with
partnerships for advertising resources it made sense for us to acquire our own
platform for future growth in Brands and the Advertising vertical itself.”
— Allan Marshall, Chief Executive Officer of Grove
UPEXI
Grove recently launched Upexi, it’s new Amazon aggregation division
Upexi is a wholly owned division to acquire promising Amazon and Ecommerce
businesses.
Interactive Offers’ ad platform is seen as a key asset in this division as
sellers will be able to access the platform to drive further product sales,
growth, and advertising efficiencies.
Since 2020, funding has poured into Amazon aggregators, raising nearly $10
billion according to Marketplace Pulse.
Investors are racing to fund these companies whose goals are to buy promising
Amazon brands that buyers believe can be scaled.
According to Marketplace Pulse, “The market had a breakout year in 2020 because
of three factors: the pandemic accelerating spending on Amazon, Thrasio raising
hundreds of millions of dollars, and Anker, an Amazon-native brand, going
public.”
According to Bloomberg, Thrasio, having raised more than $2 billion, could see
its IPO valued at more than $10 billion.
With the launch of Upexi, Grove Inc. (NASDAQ: GRVI) intends to take direct aim
at the Amazon Aggregation market and plans to enter the market as a desirable
suitor to which prospective business owners may sell.
With Upexi, potential sellers will be able to access Grove’s programmatic ad
technology, in-house digital marketing experts, and direct partnership with a
team of expert Amazon PPC buyers who fine tune listings or start from scratch.
GROWING REVENUES
Grove Inc. (NASDAQ: GRVI) recently announced preliminary fourth quarter and
full-year financial results. Management projects revenues between $10.1 million
and $10.4 million, an increase of over 300% year-over-year!
The net income expectations are $1.5 million to $2 million… what is special
about this is that the company is reversing a $700,000 loss from a year earlier.
Full year net income in the range of $2 million to $2.5 million is additionally
a HUGE turnaround from a $5 million loss in 2020!
This is what happens when revenue climbs from $7.4 million to approximately
$23.75 million in a single year. These results even surpassed the company’s own
internal projections.
CEO IS A SERIAL ENTREPRENEUR
Grove’s CEO Allan Marshall has a focus on development-stage companies in
hyper-growth industries. He has spent quite a bit of time specializing in the
technology and cannabis industries.
Perhaps most notably, Marshall founded Segmentz in November 2000.
There, he served as CEO, successfully acquiring five distinct logistic
companies, raising more than $25 million in capital and created the
infrastructure and business foundation for what is now XPO Logistics, Inc.
(NYSE: XPO), a company boasting revenues in excess of $17 billion!
TARGETING UBER AND LYFT RIDE SHARE AUDIENCE
Grove Inc. (NASDAQ: GRVI) has partnered up with Alfi Inc. (NASDAQ: ALF), an AI
enterprise SaaS platform company powering computer vision with machine learning
models to allow content publishers and brand owners to deliver interactive,
intelligent information without violating user privacy.
The two companies have partnered to launch a campaign aimed at building consumer
awareness of Grove's Cannabidiol ("CBD") products for the botanical, beauty
care, pet care and functional food sector!
The campaign will come to life on the Alfi digital tablets installed in Uber and
Lyft rideshares servicing 12 major markets. It is the first time Grove has
activated a DOOH campaign through advertising inventory bought through Alfi.
Alfi's platform is expected to provide Grove with better targeting, decision
making and campaign flexibility, while enabling them to pause, adjust, restart
and optimize campaigns mid-flight, which enables efficiencies in media spend and
optimized ROI.
“We hope this turns into a multi-million-dollar partnership with Alfi. Grove,
like all companies in the space, remain restricted to mainstream advertising
availability, focusing on technology solutions, and leveraging Alfi's unique ad
platform should further growth across all of our brands.”
— GRVI
Analysts predict that out-of-home will be among the fastest-growing channels in
2021 and that programmatic DOOH will grow by nearly 100 percent. Additionally,
according to eMarketer, 42 percent
THE BOTTOM LINE
Organic farmers, PHD biochemists, organic chemists, mixologists, and food
scientists….
All these experts are helping this under the radar NASDAQ company Grove Inc.
(NASDAQ: GRVI) become a pioneer in the wellness industry!
The company is expanding into multiple lucrative verticals and capturing growing
markets.
AS GROVE INC. (NASDAQ: GRVI) EXPANDS INTO THE PLANT-BASED BOOM IN VITAMINS AND
NUTRACEUTICALS, THE MARKETING ARENA WITH AN SAAS ADVERTISING PLATFORM AND AN
AMAZON AGGREGATION DIVISION, THE POTENTIAL GROWTH IS ASTRONOMICAL…
AS CONSUMER INTEREST IN WELLNESS CONTINUES TO SKYROCKET, SMALL-CAP NASDAQ
COMPANY MAY NOT REMAIN QUIETLY TRADING MUCH LONGER!
START YOUR RESEARCH RIGHT AWAY!
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LATEST PRESS RELEASES
Grove, Inc. Announces First Quarter Financial Results
November 15, 2021
Grove Inc. Launches “Fund Your Brand” Option for Amazon Aggregation Initiative
November 3, 2021
Grove Attacks the Amazon Aggregation Market With New Division Upexi
October 22, 2021
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