Press Releases

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Press Releases

Nov 14, 2022 • 9:05pm

Upexi Revenue Increases 199% Year-Over-Year to $11.6 Million for Fiscal 2023 First Quarter

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Nov 03, 2022 • 12:30pm

Upexi Eliminates Outstanding Balance of $15 Million Senior Secured Debt and Plans to Terminate Underlying Registration Statement

CLEARWATER, Fla., Nov. 3, 2022 /PRNewswire/ -- Upexi Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a multi-faceted brand owner and innovator in aggregation, today announced the payoff of the outstanding balance on its $15 million senior secured debt facility, its plans to terminate the registration statement covering the loan, and the termination of the agreement with lenders. The elimination of this loan is expected to reduce annualized interest expense by approximately $900,000.

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Nov 02, 2022 • 12:30pm

Upexi Closes Acquisition of E-Core and its Subsidiaries, Adding Over $40 Million in Trailing Twelve Month Sales and Increasing Projected Calendar 2023 Sales to $100M

CLEARWATER, Fla., Nov. 2, 2022 /PRNewswire/ -- Upexi Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a multi-faceted brand owner and innovator in aggregation, today announced the closing of its acquisition of E-Core, Inc. ("E-Core") and its subsidiaries; Tytan Products ("Tytan") and New England Technology, Inc., ("New England Technology"), for a combination of cash, stock and one-to-three year notes. Tytan is a children's toy brand and maker of popular magnetic tiles and building blocks and New England Technology is a national distributor for branded consumer products.

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Oct 31, 2022 • 1:30pm

Upexi to Host Fiscal 2023 First Quarter Financial Results on November 14th at 4:30 PM ET

CLEARWATER, Fla., Oct. 31, 2022 /PRNewswire/ -- Upexi Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct to Consumer brand owner and innovator in aggregation, today announced it will host a conference call on Monday, November 14, 2022 at 4:30 p.m. ET, to discuss its financial results for the fiscal 2023 first quarter and provide a business update.

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Oct 29, 2022 • 1:30pm

Upexi Revenue Increases 85% Year-Over-Year to $44.6 Million for Fiscal 2022

HENDERSON, Nev., Sept. 29, 2022 /PRNewswire/ -- Upexi, Inc. (NASDAQ: UPXI), a multi-faceted brand owner, today announced its financial results for the fiscal year ending June 30, 2022.

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Oct 27, 2022 • 1:30pm

Upexi Announces Sale of Select CBD Assets for $23.5 Million

CLEARWATER, Fla., Oct. 27, 2022 /PRNewswire/ -- Upexi Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct to Consumer brand owner and innovator in aggregation, today announced the sale of select CBD assets to Bloomios, Inc. (OTC: BLMS) for approximately $23.5 million.

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Oct 11, 2022 • 3:49pm

Upexi's Ad Tech Division, Interactive Offers, Files New Patent

CLEARWATER, Fla., Oct. 11, 2022 /PRNewswire/ -- Upexi Inc. (NASDAQ: UPXI) (the "Company" or "Upexi"), a multi-faceted brand owner and innovator in aggregation, announced today that its SaaS Ad Tech Division, Interactive Offers, has filed a patent for its single click-to-optin technology that has fueled growth and partnerships with large publishers.

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Aug 16, 2022 • 1:30pm

Grove, Inc.’s Aggregation Division, Upexi, Acquires LuckyTail Pet Care Company in an All-Cash Transaction, Entering the $200 Billion International Pet Market

HENDERSON, NV, Aug. 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc. (GRVI) today announced that its Upexi unit has finalized the acquisition of international pet care brand, LuckyTail, Inc. Lucky Tail has a strong presence on Amazon and its eCommerce store, offering grooming and nutritional products. Products are also available on Chewy.com. The transaction was an all-cash transaction with earnout payments based on growth and performance.

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Aug 10, 2022 • 1:30pm

Update: Grove, Inc. to Present at Sidoti August Microcap Conference

HENDERSON, NV, Aug. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (GRVI) announced today that Allan Marshall, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company, August Virtual Microcap Conference on Wednesday, August 17, 2022 at 3:15 pm ET.

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Aug 10, 2022 • 1:30pm

Grove, Inc. to Present at Sidoti August Microcap Conference

HENDERSON, NV, Aug. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (GRVI) announced today that Allan Marshall, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company, August Virtual Microcap Conference on Wednesday, August 17, 2022 at 3:15 pm ET.

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Aug 10, 2022 • 12:30pm

Grove, Inc. Announces Name Change to Upexi, Inc.

HENDERSON, NV, Aug. 10, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Grove Inc. (GRVI) announced today that Allan Marshall, Chief Executive Officer, is scheduled to present virtually at the Sidoti & Company, August Virtual Microcap Conference on Wednesday, August 17, 2022 at 3:15 pm ET.

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Aug 02, 2022 • 1:30pm

Grove, Inc’s Aggregation Division, Upexi, Signs LOI to Acquire E-Core, Inc. and Its Subsidiaries Totaling $35M+ in TTM Revenues

HENDERSON, NV, Aug. 02, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc. (GRVI) Upexi, wholly owned division of Grove, Inc., has signed a non-binding LOI to acquire E-Core, Inc and its brand subsidiaries, including New England Technology, Inc., and Tytan Tiles. The diversified business fits perfectly with the company’s brand acquisition strategy and its recently acquired, Cygnet Online business.

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Jul 13, 2022 • 1:30pm

Grove Inc., Chief Executive Officer, Allan Marshall Provides Corporate Update in Letter to Shareholders

HENDERSON, NV, July 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc., (NASDAQ:GRVI) ("Grove" or the "Company"), today released a letter to shareholders from Chief Executive Officer, Allan Marshall.

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Jul 07, 2022 • 1:30pm

Grove’s Programmatic Ad Tech Platform, Interactive Offers, Signs on 4 Major Partners

HENDERSON, NV, July 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove Inc. (GRVI) announced that its wholly owned Adtech platform, Interactive Offers, continues its expansion into eCommerce with the addition of new partners within the financial industry to further boost its growing list of advertisers and publishers using its SaaS advertising platform.

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Jul 01, 2022 • 1:30pm

Grove, Inc. Completes 16.5 Million Debt Financing to Fund Acquisitions and Drive Growth Through 2023

HENDERSON, NV, July 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Grove, Inc. (NASDAQ:GRVI) ("Grove" or the "Company"), today announced that it has completed a strategic debt investment to fund future growth.

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May 26, 2022

Grove Inc. Upexi Division Launches Medicinal Mushroom Product Line Direct to Consumer and on Amazon

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May 18, 2022

Grove Inc. Programmatic Ad Technology, Interactive Offers, Secures Milestone Patent

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May 16, 2022

Grove, Inc. Announces Third Quarter Financial Results

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May 12, 2022

Grove Inc. Partners With Benzinga to Serve Ads Through Its Programmatic Ad Division, Interactive Offers

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Apr 07, 2022

Grove Inc. Partners With Benzinga to Serve Ads Through Its Programmatic Ad Division, Interactive Offers

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Apr 20, 2022

Grove, Inc.’s Amazon Aggregation Division, Upexi, Announces Its Largest Acquisition to Date with the Purchase of Cygnet Online

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Latest News

Nov 14, 2022 • 9:05pm

Upexi Revenue Increases 199% Year-Over-Year to $11.6 Million for Fiscal 2023 First Quarter

Read Press Release »

Nov 03, 2022 • 12:30pm

Upexi Eliminates Outstanding Balance of $15 Million Senior Secured Debt and Plans to Terminate Underlying Registration Statement

Read Press Release »

Nov 02, 2022 • 12:30pm

Upexi Closes Acquisition of E-Core and its Subsidiaries, Adding Over $40 Million in Trailing Twelve Month Sales and Increasing Projected Calendar 2023 Sales to $100M

Read Press Release »

Oct 31, 2022 • 1:30pm

Upexi to Host Fiscal 2023 First Quarter Financial Results on November 14th at 4:30 PM ET

Read Press Release »

Oct 29, 2022 • 1:30pm

Upexi Revenue Increases 85% Year-Over-Year to $44.6 Million for Fiscal 2022

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Oct 27, 2022 • 1:30pm

Upexi Announces Sale of Select CBD Assets for $23.5 Million

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