03/15/2022
Prices effective 3/14/2022
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Dear Affiliates,
Gano Excel remains steadfast in delivering the best Ganoderma lucidum to households around the world. Our privately owned farm in Malaysia is the largest Ganoderma farm in the world, and has not ceased growing premium Ganoderma for your favorite enriched products. While owning our own facilities has allowed Gano Excel to maintain its pricing on Ganoderma, the pandemic has brought tremendous inflationary pressures on all of the other items required to make, pack and ship Gano Excel products.
We are not alone; the pandemic has affected every aspect of the global economy. The price of groceries has risen 6.3% in the last year. Fast food meals are 8% higher. Starbucks has raised the price of its coffee three times since October 2021. Contributing to these increases is the significant increase in the cost to ship products around the world. As you may have seen or read in the news, a line of container ships off the coast of California has persisted for more than six months. This has created a backlog of global shipping leading to delays and increased costs, and is not expected to resolve soon.
Unfortunately, these rising costs have amplified in the last year to exceed our expectations. As such, we must increase prices on our products. Starting March 14, 2022, we will increase the price of all Gano Excel products by $2 or $3 per item. CV will increase proportionately while PV will remain the same. We will also be adjusting the contents of our Executive Success Packages in order to maintain the same great price for these incredible investments into your business.
We know this news may not be favorable, but the future is bright for Gano Excel. Our opportunity continues to be as strong as ever. The U.S. market is ripe for growth, with many consumers paying more attention to daily wellness products today than they did two years ago. Mr. Leow is committed to investing here in the United States with plans to purchase a multimillion dollar property to house U.S. operations for the long term. Together, we will overcome any challenges we face as we bring the health and wealth of Ganoderma to every household across the globe.
Sincerely,
Gano Excel | USA Corporate Team
