GREY:NEPTF - Post by User
Post by
Intuitx2on Nov 24, 2019 7:44pm
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Post# 30387856
So we have American Media for advertising, IFF for advanced
So we have American Media for advertising, IFF for advanced R&D related to new product development in conjunction with NEPT, I feel something is missing relative to the U.S. CBD market. NEPT is Quebec has the acquird Biograda facility for turnkey, packaging etc, but who will provide product blending and packaging services for SugarLeaf in the U.S. should volumes surge for Forest Remedies products. We have not heard anything w.r.t. that to support a commercial roll out of 50 SKU's go over 100 SKU's???
Will NEPT be announcing some type of upgrade to SugarLeaf in Conover N.C. or are they on the hunt for a U.S. version of Biograda to do their packaging, etc of finished SKU's????????
Is there a press release on the way?
To run a 100 SKU's you need warehouse space just to store the retail bottle, tin, etc, then the retail packaging and then the master shipper cardboard container, skids, skid wrapper, etc. That is not including secure storage for CBD compounds and IFF compounds and filler compounds to make your base products.
I get this feeling that piece of the puzzle for the U.S. market is still missing based on CEO Mike's comment of ramping up in 2020 to over 100 SKU's.
You need to have clean rooms, packaging lines, to push out that many SKU's of retail products...so imho, something is still missing in this picture.