Grand Capital Ventures, Inc. (OTC:GRCV) (“the Company”) has sold $700,000+ worth of high-potency, 100% Organic CBD-infused products in several tremendously successful online campaigns conducted by wholly-owned subsidiary Yuka E-Commerce (“YUKA e-Com”).
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Company's CBD-infused goods achieve impressive online sales. (Photo: Business Wire)
Among the assortment is a CBD Gummy Party Bag from Kangaroo CBD that out-performs competitors in the space thanks to highly optimized & targeted presentation proving once again that GRCV’s adoption of YUKA’s e-commerce business model continues to add value to the Company.
Using one of the top consumer discount platforms available online, YUKA’s successful sale of these CBD-infused goods builds on an already proven track record, one that has seen impressive sell-thru with deals featuring products in multiple categories such as skin care beauty devices, kitchen gadgets, electronics and more.
Collectively, Yuka’s logistical capabilities paired with industry insight has allowed the company to ship out over 75,000 orders direct to consumers in just 3 months.
With the acquisition of YUKA and the adoption of its business model, the Company has uniquely positioned itself to take advantage of marketplace trends with strategic partnerships through its Flash Sales eCommerce Division. With 80-plus brands sold on over 40 platforms, GRCV, through YUKA, has already sold over 75,000 units, each earning a 4.5-star rating or higher.
Hundreds of these deals run daily, with tens of thousands of units selling each month.
“We’re delighted with our continuing sales results in the e-commerce market, especially with our ability to offer an ever-increasing variety of consumer products,” said CEO Meir ‘Miko’ Avitan. “We believe that our marketing strategy, using our array of far-reaching e-commerce platforms, has proven extremely successful for us and that this success will continue as we build on it further into the future.”
GRCV recently reported first-quarter revenues of over $2.2 million from YUKA, which is part of the global e-commerce marketplace that experts have predicted is going to reach $24.3 trillion by 2025. GRCV via YUKA is well positioned to take advantage of this rise to the benefit of its shareholders.
About Yuka E-Commerce
Yuka is an e-commerce company dedicated to providing strategic sales channels for brands looking to enter or expand in the global e-commerce market. YUKA provides a full spectrum of brand building and sales & marketing services to expand a client’s brand reach. Services offered include not only comprehensive sales and marketing services, but also operational sales and fulfillment logistics, and product and brand photography. For more information, visit our website at www.Yukaecom.com.
About Grand Capital Ventures, Inc.
Grand Capital Ventures is a company with a historic focus in the nurturing of companies demonstrating a positive upside while striving to bring new technologies and unique products to their respective markets.
For more information, visit our website at www.GRCV.info
Safe Harbor Statement:
This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may," or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions - activities of competitors and the presence of new or additional competition and conditions of equity markets.
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