RE:RE:RE:NewsChris Miller, CEO of Koios commented, "We have had a very productive FQ1 2020, as we have worked to further grow our retail footprint, enhance our online presence, and increase the capacity of our production line. I believe we are in a very strong position right now, because once our retailer partners have had a chance to obtain initial feedback from their customers about our products, scaling upward can be done seamlessly, since we have already completed the heavy lifting associated with forming vendor accounts with retailers. Additionally, no matter when any legalization of CBD may occur, we will be a step ahead of most competitors because we already have both a minimum viable product of a CBD-enhanced beverage, as well as relationships with retailers who will be able to sell these beverages directly to the general public. Between these two factors, our lead time for getting to market with a CBD-enhanced functional beverage will be very short. As satisfied as we are with our results in FQ1 2020, we see much more impressive results on the horizon for FQ2 2020 and beyond."
Read more at https://stockhouse.com/news/press-releases/2019/11/13/koios-provides-fiscal-q1-2020-corporate-update-and-an-expanded-retail-footprint#VA3LAOk7X3Y37dwj.99