Element Nutritional Sciences Makes First Shipments to WALGREENS
There is no doubt that the internet has come as a great equalizing force for those who are involved with the stock markets. Nowadays, it is possible for ordinary investors to get hold of the latest information and analysis with regards to almost any stock that he can think of.
More importantly, most of the information on the internet is free of cost as well and that has made it even more appealing. One of the more popular internet resources for many investors at this point is YouTube.
There are many channels that are solely dedicated to stock investing and one of the more popular channels in that genre at this point is Rich Tv Live. In addition to regular stock and company analyses, the channel also looks into breaking news stories, and in a video earlier this week, the analyst looked into Element Nutritional Sciences (CSE: ELMT).
Earlier this week, an important piece of news emerged with regards to Element’s ready-to-drink plant protein beverage known as Rejuvenate and that was the reason why the company became the subject of the latest video from Rich Tv.
The first shipment of the beverage was sent to the pharmacy giant Walgreens and that is a major development by any standard. Investors need to keep in mind that the beverage is now going to be made available in as many as 8000 Walgreens outlets all across the United States. It is going to give the beverage exposure to thousands of new customers every day and that can only be a good thing. At the end of the day, the presence of a product at a major retail outlet can always drive major sales and eventually to bigger revenues.
However, in this regard, it is also necessary to keep in mind that the product is already available in thousands of other retail outlets and the shipment to Walgreens will now take that number of more than 16000 all over North America.
That is a considerable footprint and hence, it was no surprise that the Rich Tv analyst seemed suitably impressed with the latest deal. Investors could consider keeping an eye on the Element Nutritional stock over the course of the coming days since news of this sort might excite investors.
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