Sunpeaks Ventures, Inc. (OTCBB: SNPK) is the new owner and marketer of Clotamin, following its recent acquisition of Healthcare Distribution Specialist, LLC (HDS). Clotamin is a unique over-the-counter multivitamin produced exclusively for use by patients on anticoagulants such as Warfarin. SNPK stock price may begin trending upwards if Clotamin experiences strong sales in the months to come.
New Wholesale Distributor
Sunpeaks Ventures has recently announced the addition of a leading wholesale distributor for Clotamin called Dakota Drug, Inc. Dakota Drug has been in the distribution business since its inception in 1948. It operates as an independent full service distributor of healthcare products. It is dedicated to providing service to hospitals, retail drug stores and pharmacies. Clotamin is now sold in South & North Dakota, Wyoming, Montana, Illinois, Iowa, Nebraska, Minnesota, and Wisconsin.
The President and CEO of Sunpeaks Ventures, Mackie A. Barch, says about the company’s association with Dakota Drug: “As we have indicated, the Sunpeaks team is systematically targeting every essential wholesaler with the goal of reaching each small and medium sized pharmacy across the United States. It is through these well-known distributors and pharmacies that our brand will continue to grab more market presence. Additional wholesale distribution agreements are expected to be completed in the near future that will expand Clotamin’s availability nationwide.”
Distribution in Ohio
Sunpeaks Ventures has also recently announced that Clotamin will soon be available in Ohio through a network of about 70 Discount Drug Mart (DDM) locations. Furthermore, Clotamin will also be a part of the Pro Points Program, which is an innovative customer rewards program from DDM. DDM customers are able to redeem their Pro Points for game tickets, merchandise and exclusive experiences with professional sports teams including the Cavaliers, Indians, Browns, Cleveland Gladiators (arena football), and Lake Erie Monsters (Hockey). Participating companies in the Pro Points program are included in a comprehensive promotional campaign at various team events.
The ad campaign is valued up to $250,000 and according to DDM, it may have an incremental rise in sales of up to 60 percent. Barch says, “DDM is one of the leading retailers in the Ohio market and their Pro Points Program really separates them from their local competition. The Pro Points Program will allow Clotamin to be marketed simultaneously to multiple professional sports team fan bases and represents an entirely new potential customer audience for Clotamin. This could have major positive sales implications for Clotamin and provides excellent advertising value for the Company and its shareholders.”
Clotamin Distribution in Florida
Clotamin is going to be available very soon in South and Central Florida. The company has tied up with Sedano’s Supermarkets for this distribution in the state. Sedano’s Supermarkets was established in 1962 in Florida, and has grown over the decades to a leading chain of 34 supermarkets across South and Central Florida. Sedano’s has earned the top position among Hispanic-owned retail chains in the U.S. It is also the biggest member of the Associated Grocers of Florida.
Barch states of this new distribution network in Florida: “The addition of this established regional retailers adds to the growing list of Clotamin distributors and should be a boost for expanding and sustaining Clotamin sales in the South and Central Florida region. This successful and trusted retailer has built long standing relationships within the local communities that they serve so well. We look forward to working closely with them to introduce Clotamin to their many loyal customers and achieving sales to a new customer base.” The company has also recently entered into an agreement with Walgreens.com for the distribution of Clotamin through this leading e-commerce platform.