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Associated Press
10-02-2025
- Business
- Associated Press
Green Leaf Innovations, Inc. Applauds Projected $5.43 Billion Growth in Flavored Cigar Market
PEMBROKE PINES, FLORIDA / ACCESS Newswire / February 10, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a prominent entity in the cigar industry, is pleased to highlight a recent report by Technavio forecasting a significant expansion in the global flavored cigar market. The market is anticipated to grow by $5.43 billion from 2024 to 2028, reflecting a compound annual growth rate (CAGR) of 8.8% during this period. Learn More About it: Key Drivers of Growth: Rising Popularity among Young Adults: The increasing appeal of flavored cigars among younger consumers is a primary factor driving market growth. Flavors such as chocolate, strawberry, menthol, cherry, and grape have gained traction, offering unique smoking experiences that resonate with this demographic. Customization and Affordability: The trend towards personalized flavored cigars and competitive pricing strategies has further fueled market expansion. Green Leaf Innovations will soon be offering to other Cigar Companies private Label services from design, packaging and manufacturing, also a platform that allows consumers to design custom cigars for small batches selecting from various flavors, shapes, and sizes. Challenges: Despite the positive outlook, the market faces challenges, particularly in persuading traditional cigar enthusiasts to transition to flavored options. Many seasoned smokers prefer the classic aroma and experience of non-flavored cigars, viewing flavored variants as less authentic. Overcoming this perception remains a hurdle for market players. Market Segmentation: The report segments the flavored cigar market by type and flavor: Type: Machine-made and hand-rolled cigars. Flavor: Fruit-flavored, alcohol and non-alcohol-flavored, and others. Machine-made flavored cigars are particularly popular due to their affordability and consistent quality. Brands such as BACKWOODS and Swisher International dominate this segment, offering a variety of flavors that appeal to a broad consumer base. Geographical Insights: The flavored cigar market is experiencing growth across various regions, with North America leading due to high consumer demand and the presence of key market players. Europe and the Asia-Pacific regions are also witnessing increased adoption, driven by changing consumer preferences and rising disposable incomes. Green Leaf Innovations' Perspective: 'The projected growth in the flavored cigar market underscores the dynamic nature of consumer preferences,' said Roberto Mederos, CEO at Green Leaf Innovations. 'We are committed to staying at the forefront of these trends, ensuring that we meet the evolving tastes of our clientele.' As the market evolves, Green Leaf Innovations, Inc. remains dedicated to embracing innovation and catering to the diverse preferences of cigar enthusiasts worldwide. About Green Leaf Innovations, Inc. Green Leaf Innovations, Inc. is a premier distributor of handmade premium cigars, including renowned brands such as MEDEROS, COCOA (MGE Antalya) CUBANACAN and TABACALERA SERRANO and others. With a commitment to excellence, Green Leaf Innovations is dedicated to delivering the finest products to cigar enthusiasts across the United States. The company is proud to support legislative efforts that protect the integrity of the premium cigar industry. For press inquiries, please contact: Media Contact: Green Leaf Innovations, Inc. Phone: (800) 303-6268 Safe Harbor Statement: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words 'may,' 'will,' 'should,' 'plans,' 'expects,' 'anticipates,' 'continue,' 'estimate,' 'project,' 'intend,' and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Associated Press
29-01-2025
- Business
- Associated Press
Green Leaf Innovations, Inc. Strengthens Retail Presence and Update Growth in 2025 With More New Key Partnerships
PEMBROKE PINES, FL / ACCESS Newswire / January 29, 2025 / Green Leaf Innovations, Inc. (OTC PINK:GRLF), a leading distributor of premium handmade cigars & accessories, today announces significant progress in its 2025 expansion strategy, securing partnerships with 12 new key independent cigar retailers carrying some of our brands. This strategic move positions the company for substantial growth and enhanced profitability, aligning with our commitment to maximizing shareholder value. Green Leaf Innovations' curated portfolio of premium brands, including EL MAGO, EL CUBANO, COCOA (MGE Antalya), CUBANACAN, MEDEROS, TABACALERA SERRANO are known for its exceptional quality and craftsmanship. This expansion into select independent cigar shops across the United States represents a direct-to-consumer strategy, enhancing brand visibility and maximizing the reach of our high-quality Nicaraguan cigars to a broader and more engaged enthusiast base. 'These strategic partnerships reflect our commitment to driving sustainable growth and enhancing shareholder value,' stated Roberto Mederos, CEO. 'These 12 key retailers represent a prime distribution channel for our premium brands and provide us with a crucial opportunity for market penetration. Strong sales growth through these partnerships is a key factor in our projected Q1 2025 financial performance.' The 12 partner stores are strategically located and are recognized for their high standards of customer service and expertise in the cigar industry. This network will provide critical distribution channels, contributing to enhanced market penetration and sales growth in the upcoming quarter. Details on the individual store locations and anticipated financial contributions are available below. Bee Hive Cigars Home | Beehive Cigars David's Fine Tobaccos Black Box Cigar Club Black Box Cigar Club Elements Cigar Lounge The successful execution of this expansion initiative reinforces Green Leaf Innovations' focus on building strong, long-term partnerships with premium retailers. This approach is expected to drive significant revenue growth and operational efficiencies, ultimately improving profitability and creating greater shareholder value in the coming months. Preliminary projections for Q1 2025 revenue are expected to reflect a strong positive trend driven by this new partnership initiative. A detailed financial outlook will be provided in the upcoming quarterly shareholder report. About Green Leaf Innovations, Inc. Green Leaf Innovations, Inc., a Florida corporation, is an emerging growth company engaged in the Marketing and Distribution of handmade premium cigars. The company strategically imports and exclusively distributes some of the best known premium cigar brands in the Market created by the Mederos family a Third generation Cigar maker with Robert Mederos at the helm who has owned and operated handmade cigar operation in Nicaragua and the US for over 20 years with a rich family history in the craft dating back to the 1800s Cuba, brands such as CUBANACAN, MEDEROS and TABACALERA SERRANO. In addition to it the company also distributes packaged whole leaf Tobacco to cigar lounges, smoke shops, C-stores and vape shops across the United States and soon International Markets. For more information, press only: Phone number: (800) 303-6268 Safe Harbor Statement: The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words 'may,' 'will,' 'should,' 'plans,' 'expects,' 'anticipates,' 'continue,' 'estimate,' 'project,' 'intend,' and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
