Verus International Finalizes Distribution and Product Development Agreement with Texas-Based CBD Distributor
January 15, 2021 at 12:52 pm EST
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Verus International, Inc. has finalized a distribution and product development agreement with Texas-based Toro Imports, one of the large CBD and related lifestyle products distributors in the industry. Under this Agreement, Toro will distribute Verus’ Pachyderm line of CBD products and will also work with Pachyderm to develop new products in emerging high-demand market segments. Toro will also carry Pachyderm CBD products in its own chain of retail stores. The initial launch will cover approximately 1,000 locations, with a longer-term goal of reaching all 5,000 plus locations served by the Toro sales network. Initial distribution will begin in Texas, then expand to Florida, Georgia and New Jersey. The initial launch will concentrate on 25 to 30 of Pachyderm SKUs.
Verus International, Inc. is a multi-line consumer packaged goods (CPG) company developing branded product lines in the United States and on a global basis. The Company is focused on international consumer packaged goods, foodstuff distribution and wholesale trade. The Company markets its consumer food products under its own brand primarily to supermarkets, hotels, and other members of the wholesale trade. The Company provides frozen foods, particularly meat, poultry, seafood, vegetables, and French fries with beverages. It also provides cold-storage facilities and is seeking sources for fresh fruit, produce and similar perishables, as well as other consumer packaged foodstuffs. The Company has its regional presence in the Middle East and North Africa (MENA) and sub-Saharan Africa, with deep roots in the Gulf Cooperation Council (GCC) countries, which includes the United Arab Emirates (UAE), Oman, Bahrain, Qatar, Kingdom of Saudi Arabia and Kuwait.
VERUS INTERNATIONAL, INC. 
