San Francisco, Aug. 03, 2018 (GLOBE NEWSWIRE) -- Vet Online Supply, Inc. (OTC PINK:VTNL) (“Vet Online Supply” or the “Company”), an innovative holistic hemp and cannabis pet products corporation, is pleased to provide an update on their high yielding distribution programs (the “Project”).
The 2018 project for distribution of our hemp and cannabis based pet products on the west coast with a major distribution partner for the dispensary market is now well underway. Although field work at the project started later than expected due to delays in inventory production and the California fire season, our team was able to complete two and a half months of market prep in just four weeks. As a result, approximately $2M of our brand pet products will be distributed to over 500 dispensaries along the west coast from Los Angeles to Seattle. The products include our CBD Treats, CBD Drops, and CBD Oral Sprays as advertised on our website.
We have been hiring manufacturing sales reps during the past 30 days, and are now targeting large retailers such as Petco, PetSmart, Trader Joes, Amazon, Alibaba, Chewy and various large pharmaceutical distributors such as Cardinal Health, Invacare and McKesson. Our team has scheduled meetings in Europe during November 2018 to complete building the sales platform for the EU.
With the distribution implementation complete, our team has now turned their focus to completing the remaining hiring of the manufacturing sales reps and design of 2 new products for the pharma–market. The project will result in more than 200 manufacturing sales reps world- wide, contracts with the dispensary markets and large retail market, 4 Pet CBD brand products and 2 pharmaceutical products with international and domestic sales projected at more than $250M.
ABOUT VET ONLINE SUPPLY:
Vet Online Supply Inc., the company, manufactures its own brand of holistic pet products to promote health and well being. The goal of "Vet Online Supply" is to provide the $38B industry with value priced and superior quality holistic pet products.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
