Green Growth Brands Inc GGBXF

RE :RE : RE: RE : Is XANTHIC the only one doing this?

[SpankyWhite]

over 500 retail locations ready to go in July just from one deal ..

[RiskyBiz928]

You said it Spanky - product on the shelves means $$$. I think we've bottomed out, should start climbing again.... glta.

[billybonk]

A large company like Pepsico has the resources to analyze a product new to the market.  There would be numerous criteria to meet in order to place a product on the shelf.   Pepsico wouldn't risk their name on a product unless they have complete confidence in that product.   I think 500 retail locations speak highly of this confidence.  This stock is going to .50

[JMark80]

They have a deal with an independent PepsiCo bottler, not PepsiCo. They most likely paid a listing fee to get the product on the shelf.

[StocksDude]

Yes, this exactly.  I hate these NR that name drop a distant connection to make it seem way more than it is. There is no association between PepsiCo and XTHC.  They simply share a bottler which is no big deal. Phoenix Tears got embarrassed when they made it sound like they got into 7 Eleven, when all they did was do a deal with a distributor that has placed products into 711 (there are

[JMark80]

Agreed.

[JMark80]

Why would they pay $600k USD, plus give up equity to buy a 45% stake in Xanthic Beverages? It's already a somewhat saturated marketplace, the name Xanthic for a CPG is bad. Logo and package design could be improved as well. Hopefully it sells, shelf space is valuable, but even when paying for placement retailers won't keep a product that has low sell through.

[billybonk]

Thanks for all the info.  Probably this isn't a stock for you, it's not for everyone.  You have concerns but I think that Xanthic should be given an opportunity to carry on with their business plan.  The CEO has a lot of experience so let's give him a chance.  Bottles are just being placed on shelves so give it time.  Not much point thinking something has a low

[JMark80]

It's important to be skeptical, and think critically. My criticism is mostly with XB. I interned at one of the biggest global CPG companies during University (where my father was an executive, he later worked for Coca-Cola), so I do have some knowledge about how the consumer product business works. What exactly makes XB worth $1.2+ million USD, they have no brand equity? This has actually

[billybonk]

Yes it's important to think critically.   What makes XB worth 1.2 plus million?  I can't answer that yet without sales figures.  It's a new company,  the product is supposed to be delivered by July in Oregon and Washington.  I'm taking a small portion of my net worth to roll the dice, anything marijuana is very speculative.  Plain and simple

[StocksDude]

Curious as to why you say saturated as the CBD market is only just beginning and has no real presence in mainstream yet. Personally I think Hemp has a strong cache and trying to do this non cannabis cbd thing is a waste of time and resources.  Hemp CBD will be fully legal very soon as per two different bills in US Congress.

[billybonk]

Agreed.  Potential is great, we just need time.