GREAT UPDATE$30M MC, and here is what we know:
Q4 REV = $3M minimum!!
Operational Foundation Accomplished
1. Patent Pending Delivery System CannaStripsTM . Truly sublingual delivery like no other.
2. Core Isogenics State of California Nursery License Isogenic nursery building the future cannabis ingredients for safe and consistent results in every product we produce.
3. Cultivation with State-of-the-Art Facility State of California Cultivation License This facility can produce enough cannabis to create two million dollars of CannaStripsTM each and every month.
4. Distribution Transportation State of California Distribution Transportation License The Company controls all of its necessary transportation and distribution requirements.
Additional 2018 Accomplishments
Received State Licenses:
• Volatile and Non-Volatile Extraction
• Nursery
• Cultivation
• Distribution & Transportation Completed Construction:
• Extraction Laboratory
• Formulation/Manufacturing Facility
• Nursery
• Distribution/Transportation Facility
Fourth Quarter 2018
On December 1, 2018, we executed a distribution services agreement with Rise Logistics LLC, an operating entity of DionyMed Brands Inc. (CSE:DYME), for distribution of our products into the California cannabis market. As of December 10, 2018, CannaStripsTM became available at one of Sacramento’s busiest collectives, All About Wellness, the first dispensary to carry the Company’s brand of CannaStripsTM products.
During our fourth quarter of 2018, our sales of extracts exceeded One Million Dollars per month. 2019 We believe that the accomplishments of 2018 have uniquely positioned the Company to capitalize on the California cannabis market. We will control our ingredients in ways that no current brands are capable of and produce products at a level of quality and consistency that will elevate our products in the marketplace. We can manufacture these products in commercial volumes that will allow our products to not only be best in class but affordable to every customer, while yielding significant margins for the Company. We will be producing and delivering CannaStripsTM and Rveur products throughout California. 2019 will be the year that we realize the potential of the fully integrated LDS model controlling the supply chain from seed to sale.