The plant industry is littered with examples of great products that are only available in the top 10% of markets, which is why many companies are now looking to expand their business by offering new products at lower prices.
Aveloz, a brand of herbal medicines made by the Avelos family, is one such company that has recently opened its first store in Mexico City, where it has set up a new branch in the market.
Avedo, a plant medicinal company that is based in the US, has also been expanding its market share and has recently started its own store in El Paso, Texas.
While these companies may not have the market cap of big pharma or big drug companies, they are still the best options for consumers looking for a plant medicine that has a lot of value, because they are cheaper than the expensive brand name products that have dominated the market for the past few years.
Aveo, which launched in 2012, has a total of $7.2 million in revenue, with more than 1,100 patients using its products.
While it has more than 400 stores in the United States and Canada, the company has just opened a store in its hometown of El Paso.
Ageda is a subsidiary of the same family of companies, which also has branches in El Segundo and San Diego.
Like Aveda, Agedas product line includes an herbal and medicinal plant medicine called “Aveda” that is available at less than 2% of the prices that the brand name drugs are selling for in the U.S. But its products are not only effective in combating infections and skin conditions, it also treats some cancers.
Avesa has been making the rounds in Mexican markets since 2011, and has already expanded its offerings in recent years.
However, Avesas current location is in San Diego, where the company was acquired by the San Diego-based brand, Soberan, last year.
The brand also offers herbal and medical products at about 1% of its prices, and its stores are only a few blocks from the Uptown location of its flagship store, located in the historic San Pedro Square.
As of this writing, Avedas current retail outlet is located in San Pedro, which will likely be closed for the foreseeable future, as the new store is under construction and the brand is expanding its business in the area.
In the Uttown area, Avelo has already been expanding in the neighborhood and opened a branch in El Camino Real, which serves as a “green” store that is set to open its doors in the spring.
Other companies that are also expanding their stores include Soberans Mexican grocery chain, El Saltedores Mexican grocery store chain, and Soberas Mexican grocery brand.