RE:.CannMart’s B2B revenueCannmart now shut down, website down, share price down....business wind down continues.
whisky11 wrote: Business- to- Business is big and profitable.
...CannMart’s B2B revenue stream represented approximately 90% of Lifeist’s cannabis revenue ...and all of the revenue growth and gross margin contribution during each of these periods...
. This is big, B2B most of the time it's "no touch" it's mean that the merchandise goes directly from producer to the large retail distributor without being storred or moved by Cannmart.
Cannmart.com sell knowledge and data about producers and customers and they charge fee for those services.
Margin is high expenses are low. Can grow and expand forever.
This is huge if you think about it, years ago it was 30% and 50% maximum.