RE:I have done projections onDo you remember me yapping away about the lemonade, the sugar water and how it was a joke, a flash in the pan idea, a waist of time and energy instead of focusing on thc drinks, only to be called a basher? Bashers are forward looking geniuses. Here's a genius idea for Beckett's, if it still exists! Load it up with caffeine and sell it to " athletes" or teenage skate boarders, snow boarders, extreme sports... you're welcome!
geodcan wrote: Tinley's LB and it looks like we are capped to about 30 million units a year and we are told about .50c minimum. Let's say $15 million gross revenue minus expenses for co-bottlers revenue.
The jury is still out on the Beckett's that I will guess we are paying .50c a unit to have co-bottled for us.
Canada could be the wild card because the market is almost the same size as California, nationally legal for central manufacture, I assume, but I don't know what capacity our co-bottler is capable of.
If I recall correctly, Beckett's discontinued with the US co-bottler and are using a Canadian bottler.
Despite what we are told, I have doubts about Beckett's and their presumed popularity but I am optimistic that Tinley's might be able to make a decent splash in Canada and it seems that the margins are still pretty good.
$15 million for co-bottling in California is in the neighbourhood of what it cost to build the LB facility but our costs to co-produce the products is unknown. Liquids in bottles used to cost pennies and labour is unknown. And of course how much will the guys at the top expect. A million a year for Rick???? $400k for each of the other guys??? Those are questions that I don't have answers to.
Do we still expect revenue from distribution or storage or formulating.
If our team has insight into this effort being profitable are we looking for doing business in Vegas or Illinois or other States?
What are we worth as a going concern to one of our co-bottlers who may need all of our capacity?
No news in these regards leaves hope. No financials, not so much.
National legalization for all States including Interstate Commerce for cannabinoids would be huge and a great vote of confidence for all players. Great opportunity for politicians to do this right with blanket legislation for full launch of cannabinoids in all US States.
That is why I have concerns for a marketmaker acquisitor having his finger on our shareprice, holding this down.
Can Tinley build enough demand to run our own facility for our own product line at full capacity?