Market research suggests that the smoking industry was valued at as much as $64 billion in 2022 and it is expected to touch a valuation of a staggering $91 billion by 2030. In this context, it may be a good idea for investors to take a look at the announcement made by American Diversified Holdings Corporation (OTCMKTS:ADHC) this week.
American Diversified Holdings Corporation (ADHC) Operating Division ROLLS CHOICE(TM) Announcing Initial Orders in Preparation for Nationwide Smoke Shop Distributorship Rollout in $64 Billion Smoke Shop Market
The company announced that it had received initial orders for its product ROLLS CHOICE ahead of the nationwide rollout of the product. It was announced this morning that the management of American Diversified Holdings Corporation was mainly on the nationwide and regional distributorship of the product through convenience stores, vape shops, and smoke shops.
As a matter of fact, it was also announced that the point-of-purchase shelf display signs were also being developed by the company at this point in time. These signs would then be offered to the retail shops so that greater awareness of the brand could be spread. In a statement, the company’s management noted that vape shops, convenience stores, and smoke shops were the most cost-effective way for American Diversified Holdings Corporation to boost sales in a rapid manner.