SANTA BARBARA, Calif., June 9, 2023 - Bloomios, Inc. (OTCQB: BLMS), a leading innovator in contract manufacturing of hemp-derived cannabinoid & mushroom edibles, cosmetic & topical sports products, nootropics and adjacent wellness supplements, has appointed Kevin Henry to the new position of national sales director.
Henry's leadership and extensive experience in growing globally recognized alcohol and cannabis consumer brands is expected to play a key role in driving the growth and expansion of Bloomios' existing wholesale business in addition to the company's anticipated brand strategy rollout.
He brings over 15 years of sales and business development experience to Bloomios. He has used his deep understanding of the digital marketplace to successfully build and lead high-performing sales teams. He has a passion for leveraging technology to effectively target new wholesale and retail markets.
These attributes make him an ideal fit to join the Bloomios team and help it revolutionize the way people interact with and understand the health and wellness benefits of the company's proprietary formulations across a range of everyday product formats.
As national sales director, Henry will oversee Bloomios' sales strategy and execution, leading the company's efforts to forge strategic partnerships with retailers, expand distribution channels, and drive customer acquisition. He will leverage his expertise in market analysis and sales optimization to identify growth opportunities and build strong relationships with key stakeholders.
"We welcome Kevin and his proven leadership in driving sales growth," commented Bloomios CEO, Michael Hill. "We anticipate his deep sales and business development experience and enthusiasm for our industry will be instrumental in expanding Bloomios' market presence. We look forward to his contributions and support as we roll out our brand strategy and digital media initiatives to reach a wider targeted audience."
Henry stated: "I'm excited to join the Bloomios team and for the opportunity to contribute to the company's vision that includes taking plant-based health and wellness products to a new level of customer experience. Bloomios' commitment to innovation and customer satisfaction aligns with my guiding values, and I am eager to lead the sales efforts that will drive the company's growth and market success."
Henry's appointment comes at a pivotal time for Bloomios, as the company realized a return to strong growth over the past two quarters and expanded its product offerings.
Bloomios recently reported its annualized run rate hitting $11.0 million as compared to $6.1 million in 2022, with this driven by increased order flow and production capacity. The company expects its second quarter of 2023 revenues to exceed $3 million, up more than 137% from $1.3 million in the same year-ago period.
About Bloomios
Bloomios, Inc. manufactures, markets and distributes U.S. hemp-derived supplements and nutraceutical products through wholesale distribution channels and its wholly owned subsidiary, Bloomios Private Label. The company provides custom formulation, brand development, manufacturing and order fulfillment to a wide variety of customers, including small and major brands, chain stores, vape shops and distributors. It offers private-label and white-label customers a wide selection of more than 80 customizable hemp products across 10 categories. Bloomios is headquartered in Santa Barbara, California, with manufacturing and distribution in Daytona Beach, Florida, and regional sales offices in Nevada, Colorado and Florida. To learn more, visit bloomios.com.
Safe Harbor Statement
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Company Contact:
Doug Rohrer
Chief Business Officer
Bloomios, Inc.
Tel (805) 222-6467
Email contact
Investor Relations Contact:
Ronald Both
CMA Investor Relations
Tel (949) 432-7566
Email contact
Media Contact:
Tim Randall
CMA Media Relations
Tel (949) 432-7572
Email Contact
SOURCE Bloomios, Inc.
