Fundamentals with great potential Peakbirch Logic is a cohesive ecommerce group scaling online retail to become international niche powerhouses in their respective fields. It acquired existing niche websites with excess potential.
Marc Mulvaney (CEO - Peakbirch Logic) said that "I find it exciting–acquiring a website in a growing niche, knowing that 3X growth can be easily achieved." (Quoted from https://peakbirch.com/#Brands)
PKB's brands mainly include: Namastevapes.com, Everyonedoesit.com, LiftedCBD.com, and Leafscience.com.
(1) Namastevapes.com
Namaste Vapes has the potential to become the industry leader of dry herb vaporizers and accessories. In the coming year, NamasteVapes.com is expected to triple its traffic, experience a sharp increase in sales while increasing contribution margins.
For the details, please read:
https://www.namastevaporizers.com/#
https://peakbirch.com/cannabis-accessories
(2) Everyonedoesit.com
With over 18 years of experience in the market, Everyonedoesit.com has massive potential. It has a long established history as one of the best places globally to purchase premium glassware brands and other cannabis accessories.
https://www.everyonedoesit.com
(3) LiftedCBD.com
Lifted’s objective is to be a global leader in the industry by offering a curated selection of the highest quality products. Its online shop carries a huge selection of CBD so it can accommodate the diverse needs of anyone who visits its site.
https://liftedcbd.com
(4) Leafscience.com
Leaf Science is an online media company that provides health and science information to cannabis consumers and professionals.
https://www.leafscience.com
For more details, please see: https://peakbirch.com
(5) In addition, The latest MD&A indicated (at page 6) that “ During the year ended October 31, 2020, the Company generated total revenue of $1,498,536 (2019 - $1,119,595). The increase was attributable to the continuous effort by the Company to drive traffic to its various e-commerce sites through effective marketing tools and channels and the ability to increase the average order size in terms of total value when compared to prior year. The majority of revenues were generated in the United States, which is Company’s market focus. Over the years, sales to the United States as a percentage of total sales continued to increase. During the year ended October 31, 2020 and 2019, 99% of the total sales were generated from the United States. The Company expects this concentration of sales in the United States to continue in the future as the Company expands its market presence in the United States...”
https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00037164&issuerType=03&projectNo=03183026&docId=4902300
(Please be noted that this is only the information I have found/read. It is definitely NOT any investment advice. Do your own DD.)