LAS VEGAS, NV and Irving, Texas – July 11, 2022 – GPO Plus, Inc., a publicly traded company of diversified Group Purchasing Organizations (GPOs) uses the power of Group Purchasing to save businesses money, today announced that GPOPlus+ has been appointed as the Master Distributor of DEV Distribution, LLC dba DEV NutraProducts (DEV). The agreement became effective on June 8, 2022, and grants GPOX rights to sell and distribute all DEV Products with Most Favored Nations‘ pricing.
This is the first significant distribution agreement GPOX has entered into after announcing DISTRO+, its distribution division, and GPO for specialty retailers. Additionally, this is GPOX’s second major achievement in its growth strategy further expanding its footprint in the vitamin, nutraceutical, and hemp-derived CBD sectors.
DEV is a leading manufacturer of vitamin, supplement, and hemp-derived CBD gummies. DEV’s main products are vegan-based all-natural flavored gummies infused with hemp-derived CBD, vitamins, and supplements; available in bulk, custom formulations, white label, and private label. DEV is expanding its offerings to include caramels and other infused candies. All products are high-quality, fully compliant, consistent, and professionally formulated using only the best natural ingredients.
DEV recently moved into a new state-of-the-art 27,000 sq ft production/manufacturing facility located in Irving, Texas, which will increase their monthly production to approx. 30,000,000 gummies per month, up from roughly 10,000,000 gummies per month in their previous location; GPOX was brought in to assist with selling the additional gummies.
Terms of the Master Distributor Agreement
Under the terms of this Master Distributor Agreement (the “Agreement”), DEV has appointed GPOX as its Master Distributor and granted GPOX “Most Favored Nations” pricing.
GPOX’s appointment carries with it the obligation and responsibility for managing the entire sales process for all new customer sales including intaking orders, invoicing, processing orders, billing, payments, shipping, logistics, and customer service.
GPOX will sell DEV’s bulk gummies, custom formulations, white label gummies, and private labeled gummy Products through its CBD Group Purchasing Organization, cbdGPO, by generating sales through its existing network and establishing new relationships. Under its newly formed distribution division and GPO for specialty retailers, DISTRO+, GPOX will increase sales of DEV’s branded consumer packaged goods and ultimately GPOX house brands, by developing sales channels and distribution through its network of sub-distributors and wholesalers to specialty retailers. Additionally, to increase its customer base and generate high-margin sales, GPOX will develop direct-to-consumer (DTC) eCommerce websites.
With this Agreement, DEV and GPOX (through cbdGPO and DISTRO+) are positioned to become one of the top distributors of specialty hemp-derived CBD, vitamin, and supplement gummies.
“We are very excited to partner with DEV and offer their safe and compliant high-quality products to our customers,” said Brett H. Pojunis, CEO of GPOX. Pojunis continued, “this partnership will give our customers access to the highest quality and best-tasting gummies on the market! With expected production to exceed 30,000,000 gummies per month, this will provide GPOX the ability and opportunity to become one of the nation’s top distributors and/or manufacturers of hemp-derived CBD cannabinoids specialty gummies. One of the most attractive aspects of DEV is their adherence to compliance and consistency where many manufacturers fall short.”
Chris Martin, a Managing Partner of DEV, said “We are thrilled to appoint GPOX as our Master Distributor and are confident that this partnership will be extremely beneficial for both parties!” Martin continued, “We are excited to be part of a publicly traded company that is positioned for significant long term growth while at the same time increasing our global footprint and bringing our branded products to a larger consumer audience and welcoming GPOX’s customers as new customers for DEV.”
While DEV settles into its new facility, GPOX is updating and preparing all sales related materials for DEV Bulk Products which will be available on cbdGPO.com, and DEV’s branded products will be on the new DISTRO+ wholesale website scheduled to launch in the next few weeks.
DISCLAIMER: The products mentioned are THC-free and/or compliant with the 2018 Farm Bill.
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