FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Grove, Inc. Launches Upexi, Amazon Aggregation Division”
“The Buzz” Show: Grove, Inc. Launches Upexi, Amazon Aggregation Division
Grove, Inc. (NASDAQ: GRVI) surged over 59% in premarket trading after the company announced the launch of Upexi, its wholly owned division to acquire promising Amazon and Ecommerce businesses.
With the launch of Upexi, Grove intends to take direct aim at the Amazon Aggregation market and 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.
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 and to foster its many uses for consumers.
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