Veritas Farms VFRM Stock News

Veritas Farms Inc (OTCMKTS: VFRM) is likely to see incredibly strong gains in the market today, and for good reason. The company announced announced the significant expansion of its social media influencer partnerships. Here’s what’s going on:

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VFRM Announces Social Expansion

In a press release published early this morning, Veritas Farms said that it has significantly expanded its social media influencer partnerships. The social media influencer marketing campaign was launched in mid-2018 and has seen strong success since inception.

In fact, in the release, VFRM said that the campaign has led to strong revenue from its ecommerce website, grown brand awareness, and helped educate the public with regard to the benefits of Farm-to-Home full spectrum hemp oil.

In the release, the comapny said that the campaign has already led to an increase of more than 30 influencers with a combined 25 million followers in the month of July alone. Some of these influencers include Sara Underwood (9.2 million followers), Juniper the Fox (2.8 million followers) and Diary Of A Fit Mom, (1.2 million followers).

The company has also built relationships with new entertainers, including a rising R&B star with more than 8 million followers and a prominent producer and entertainer with 1.4 million followers.

In a statement, Derek C. Thomas, Vice President of Business Development at VFRM, had the following to offer:

We are excited to continue to grow our social media influencer partnerships that have proven to be an effective marketing platform for Veritas Farms. Partnering with innovative social media influencers that share our passion for full spectrum hemp oil helps to grow brand awareness and builds a strong community of educated Veritas Farms advocates. It’s a strategy that drives online traffic and revenue but also supports retail sales and overall brand recognition.

This News Is Significant

The news released by Veritas Farms today is hug. The truth of the matter is that consumers enjoy buying and trying products that are used by the people that they view as idols.

Social media influencers are essentially online thought leaders and idols that have massive followings who are ready to jump on the products and services that they represent. As VFRM continues to see success in its social media influencer campaign, the opportunity here is only getting stronger!

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CNA Finance, parent company to Alpha Stock News, has a monetary relationship with VFRM. 

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