GREY:DXBRF - Post by User
Post by
geodcanon Aug 11, 2019 4:56pm
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Post# 30016316
Little less excitement than I expected
Little less excitement than I expectedDixie and Arizona is a clear indication that they are expecting drinks to be a big part of their operations. Arizona is THE tea co of the States worth 3plus billion dollars and they established some marketshare that others thought they could cannibalize. They've got a brand and now are venturing into some more adult products with thc. They chose Dixie and it sounds like Dixie might get some money ( 10 mill) to do the hookup and Dixie will be handling the cannabinoids, as in doing the manufacturing. Some mention somewhere of a new bottling facility being built, not sure by which player in this deal but co-packing is supposed to be very profitable and cannabinoid oils are value added products. Distribution is also an issue and Arizona is all over the place, while Dixie is mostly Colorado from what I can tell. One company needs more products and one needs more money to get their products out. Dixie pretty much has an American id but aren't garnering the attention from US investors that I can see. Maybe a million of that cash could be put towards some advertising to get Dixie a little higher profile and some more investor awareness. glta and dyodd