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$PVSP While nobody knows, if you do basic math from all of the publicly available data, current enterprise value of Pervasip (=all Artizen) comes in at around $40 million on a fully diluted basis without any forward-looking value attached;
That is CURRENT value; when the company announces its various licensing and acquisition opportunities, the stock will only go up from there!
$PVSP Taken $1 million in debt off the books.
$PVSP Pervasip previously announced its identification of a series of exciting expansion opportunities, including potential acquisitions involving licensed wholesale and retail operations that would offer Artizen the potential to establish itself as a vertically integrated multi-state operator (“MSO”).
https://www.benzinga.com/markets/cannabis/23/01/30465565/pervasip-announces-artizen-spin-off?utm_campaign=partner_feed&utm_source=MarketWatch&utm_medium=partner_feed&utm_content=site&mod=mw_quote_news
$PVSP The company WILL announce various opportunities.
GRCU On Watch for Golden Cross 50MDA@.0007///200MDA@.0008
12/28/22 OTCMarket Updated:
New CEO
New Address
New Consultant
New Secretary
New BOD
New Other Insiders
New Phone Number
New Email Address
On Watch for Sept. 22 Q WAS Due 11/15/22
Float
917,086,818 as of: June 30, 2022
917,086,818 as of: March 31, 2022
917,086,818 as of: December 31, 2021
917,086,818 as of: September 30, 2021
917,086,818 as of date: June 30, 2021
917,086,818 as of date: March 31, 2021
917,086,818 as of date: December 31, 2020
917,086,818 as of date: December 31, 2019
LOOK@Charts
$PVSP in beautiful Port Townsend, on the northern end of the Olympic Peninsula, this gorgeous light deprivation greenhouse garden is producing beautiful flower and is home to some of the more exotic genetics in the Artizen brand. At 39,000 square feet it is the second largest of all of the gardens growing Artizen branded flower.
$PVSP The Company’s ongoing audit work has also produced several tax adjustments from prior years, dating back to 2017. Due to the net operating loss carryforward, Pervasip did not recognize income tax expense in the nine-month periods ended August 31, 2022, and 2021. However, the VIEs that are included in the consolidated financial statements, have recorded a tax expense and a current income tax liability. Recent court cases regarding the interpretation of IRC 280E have made it more likely than not that the net operating loss deduction in the VIEs would be disallowed. Consequently, the company recorded tax provisions for its VIEs. Rather than re-stating prior years the Company decided to account for all adjustments in this quarter. Of the $1,503,376 booked in the Income Statement, $686,688 is tax and penalties from previous years and the rest estimated taxes for 2022 year to date.
In addition, $589,485 in Other Expenses in the Income Statement, includes a $342,000 tax adjustment from 2017 legacy payroll tax and a $163,718 charge from Pervasip which is from loss on debt conversion with Mammoth and derivatives.
Accrued expenses of $1,066,575 includes $254,549 in utility rebate contingency. That contingency will be lifted in Q4 as final commissioning by the utility was completed after the third quarter close and a full rebate of $288,000 was approved.
https://marketwirenews.com/news-releases/pervasip-announces-3rd-quarter-financials-7395374803366177.html
$PVSP in beautiful Port Townsend, on the northern end of the Olympic Peninsula, this gorgeous light deprivation greenhouse garden is producing beautiful flower and is home to some of the more exotic genetics in the Artizen brand. At 39,000 square feet it is the second largest of all of the gardens growing Artizen branded flower.
$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”
https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials
$PVSP For all cannabis connoisseurs all that needs to be said about that brand is “IYKYK” (bestselling small batch top shelf brand). Several similar arrangements will be announced soon, following through on one of the other major initiatives outlined in the January 2022 Shareholder letter.
While the cannabis market on the west coast is still challenged by its post Covid dip, massive oversupply, and egregious tax and state by state rules, brands like ArtizenTM, well-oiled distribution, top notch management teams and healthy, transparent financial structures, will be the ultimate winners in this space.
$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”
https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials
$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”
https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials
$PVSP “Marking the best sales month ever is a testament to the hard work of the team and quality of Artizen branded products in these difficult market conditions,” says German Burtscher, Pervasip’s CEO. “August also marks the close of the 3rd quarter and the restructuring efforts of the last several months are starting to show improvement across many key financial performance indicators, including cashflow for Q3. As we further rationalize our business, including shedding of underperforming assets, we will continue to prioritize margins over revenue to build lasting financial health and strengthening fundamentals important to support our growth. We are achieving a more balanced ratio of revenues across all product categories which will serve the Company well as it goes into Q4.”
https://www.marketwatch.com/press-release/pervasip-announces-16-million-in-august-revenues-and-3rd-quarter-guidance-2022-09-13?mod=mw_quote_news_seemore
$PVSP in beautiful Port Townsend, on the northern end of the Olympic Peninsula, this gorgeous light deprivation greenhouse garden is producing beautiful flower and is home to some of the more exotic genetics in the Artizen brand. At 39,000 square feet it is the second largest of all of the gardens growing Artizen branded flower.
$PVSP SEATTLE, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTCPK: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, today announced the filing of its unaudited financial statements for its 3rd Quarter ended August 31, 2022.
https://www.nasdaq.com/press-release/pervasip-announces-3rd-quarter-financials-2022-10-18
$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”
https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials
$PVSP Key Highlights
Instead of focusing on a rollout of licensed Dabs and Vape4Less brands, the Company pursued an outright acquisition of those brands plus others, achieving more beneficial long-term value but not yet realizing respective revenue gains as indicated earlier.
Q3 shows margin improvement over Q2 as higher margin brands and products are coming online, a trend that will continue into Q4 2022.
The Company continues to pursue additional operational, financial, and legal restructuring to further clean and strengthen its balance sheet.
While expensive, the Company will continue to seek capital from available equity or debt sources.
The cannabis market on the Westcoast continues to see a dramatic post-pandemic retraction, creating a challenging environment for all producers, processors, and retailers. With an almost 18% contraction in retail revenues, massive oversupply, sustained downward price pressure and increasing costs, the industry is still months away from a recovery, although the bottom for pricing seems to have been reached.
https://www.morningstar.com/news/globe-newswire/8666987/pervasip-announces-3rd-quarter-financials
$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”
https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials
$PVSP “Q3 2022 shows material signs of improvement over Q2 2022 reflecting our ongoing operational focus. As stated before, we continue to pursue our strategic goals even during these difficult market conditions as evidenced by our recent agreements on terms for the acquisition of the Emerald City Cultivation and Dabco brands. Our operational and financial focus on rationalizing our business, shedding underperforming assets, and increasing production yields by our independent cultivators continues to proceed and have allowed us to continue with additional market share capture. Investing in Cannabis is not for the faint of heart and we believe we are building a solid foundation for years to come which takes time, patience, and relentless focus on fundamentals. In an industry that does not have access to traditional financing, our options are limited and expensive,” said German Burtscher, Pervasip’s CEO. “We slowed the rollout of our new concentrate brands which we licensed for Q3 deployment and instead focused on an outright acquisition as the opportunity became available. That resulted in not meeting the forecasted revenue from the new product lineup for Q3. We are also pursuing a conservative approach to working within the complicated tax environment our industry is confronted with. Ongoing work in support of the audit process and a recent court ruling that impacts the cannabis industry caused us to change our estimates for tax liability dating back to prior periods 2017 – 2020, which we booked in Q3.”
https://seekingalpha.com/pr/18980304-pervasip-announces-3rd-quarter-financials
$IJJP Additional status report:
The Onboarding of Corporate Officers is moving forward for this week,
The General Administration Agency Federal Supply Schedule submission is still on schedule.
Business development for new eCETP clients is ongoing.
In closing, the above information is for IJJP Shareholders and Market Makers.
In addition, we will resume posting on Twitter and LinkedIn and submit press releases providing News on material events, task projections, or any discoveries as they occur.
(((((( ALERT )))))) - $IBGR - HUGE HOLIDAY PLAY. IMO
#SOCCER $WMT $M $KSS $JWN $TGT $GPS $COST
https://www.dryworldshop.com
https://www.dryworldshop.com/a/pf_preview?id=d0929dc6-2c8e-4ff0-8e80-7551a80d74e1
https://finance.yahoo.com/news/ronaldinho-dryworld-global-collection-drops-225900433.html
$PVSP Pervasip Announces Strategic Acquistion and $4 Million in New Revenues
https://finance.yahoo.com/news/pervasip-announces-strategic-acquistion-4-131500768.html
$IJJP SILVER SPRING, MD / ACCESSWIRE / October 14, 2022 / IJJ Corporation (IJJ Corp), (OTC PINK:IJJP) IJJCorp Shareholder update of IJJ Corporation expansion activities for Board members as Officers, the GSA Schedule status, and eCETP client enrollments.
https://www.nasdaq.com/press-release/ijj-corporation-expansion-activities-for-board-members-as-appointed-officers-the-gsa
$IJJP eCETP License Perpetual Plan
The License Agreement
The License to Ownership Plan is for a Business Processing as a Service (BPaaS) online WebApp as an eCommerce Exchange Trading Platform (eCETP). The License Agreement Package includes your membership in a private partnership network as an alternative funding service for budgetary programs and projects.
https://ijjc.com/ecetp-license-perpetual-plan-2/
$PVSP in beautiful Port Townsend, on the northern end of the Olympic Peninsula, this gorgeous light deprivation greenhouse garden is producing beautiful flower and is home to some of the more exotic genetics in the Artizen brand. At 39,000 square feet it is the second largest of all of the gardens growing Artizen branded flower.
$PVSP SEATTLE, WASHINGTON, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, together with Zen Asset Management LLC (“ZAM”) today announced the execution of a letter of intent (“LOI”) to acquire substantially all of the assets of BCCTG LLC (“BCCTG”).
https://www.nasdaq.com/press-release/pervasip-announces-strategic-acquistion-and-%244-million-in-new-revenues-2022-10-10
$PVSP For all cannabis connoisseurs all that needs to be said about that brand is “IYKYK” (bestselling small batch top shelf brand). Several similar arrangements will be announced soon, following through on one of the other major initiatives outlined in the January 2022 Shareholder letter.
While the cannabis market on the west coast is still challenged by its post Covid dip, massive oversupply, and egregious tax and state by state rules, brands like ArtizenTM, well-oiled distribution, top notch management teams and healthy, transparent financial structures, will be the ultimate winners in this space.
$PVSP Pervasip Announces $1.6 Million in August Revenues and 3rd Quarter Guidance
https://finance.yahoo.com/news/pervasip-announces-1-6-million-131500755.html
$PVSP “Marking the best sales month ever is a testament to the hard work of the team and quality of Artizen branded products in these difficult market conditions,” says German Burtscher, Pervasip’s CEO. “August also marks the close of the 3rd quarter and the restructuring efforts of the last several months are starting to show improvement across many key financial performance indicators, including cashflow for Q3. As we further rationalize our business, including shedding of underperforming assets, we will continue to prioritize margins over revenue to build lasting financial health and strengthening fundamentals important to support our growth. We are achieving a more balanced ratio of revenues across all product categories which will serve the Company well as it goes into Q4.”
https://www.marketwatch.com/press-release/pervasip-announces-16-million-in-august-revenues-and-3rd-quarter-guidance-2022-09-13?mod=mw_quote_news_seemore
$PVSP For all cannabis connoisseurs all that needs to be said about that brand is “IYKYK” (bestselling small batch top shelf brand). Several similar arrangements will be announced soon, following through on one of the other major initiatives outlined in the January 2022 Shareholder letter.
While the cannabis market on the west coast is still challenged by its post Covid dip, massive oversupply, and egregious tax and state by state rules, brands like ArtizenTM, well-oiled distribution, top notch management teams and healthy, transparent financial structures, will be the ultimate winners in this space.
$PVSP in beautiful Port Townsend, on the northern end of the Olympic Peninsula, this gorgeous light deprivation greenhouse garden is producing beautiful flower and is home to some of the more exotic genetics in the Artizen brand. At 39,000 square feet it is the second largest of all of the gardens growing Artizen branded flower.
$PVSP ZAM is a diversified asset management company, founded to acquire, develop, and support companies and technologies in the cannabis industry. ZAM provides services to several customers in Washington State, including four licensed cultivation facilities and one licensed processing facility, under a series of consulting, leasing, intellectual property licensing and other long-term agreements. ZAM is also responsible for development and licensing of one of the most successful cannabis brands, Artizen™.
The first independent cultivator’s flagship facility was custom designed and built in Lacey, Washington in 2014. Artizen branded products were licensed to and sold from this facility as early as 2015. The strain collection launched during that time immediately caught the attention of connoisseurs and experienced shop owners and budtenders — folks who know premium cannabis
$PVSP the mature markets provide relevant insights into future sales distribution across key categories with flower and pre-rolls still leading at 59%, followed by concentrates (dabs/vape) at 29% and finally edibles and beverages at a combined 9%
Artizen brands will materially expand their flower market share and enter the concentrates and edibles market with a goal of occupying top 10% market share positions in each vertical.
$PVSP ZAM is a diversified asset management company, founded to acquire, develop, and support companies and technologies in the cannabis industry. ZAM provides services to several customers in Washington State, including four licensed cultivation facilities and one licensed processing facility, under a series of consulting, leasing, intellectual property licensing and other long-term agreements. ZAM is also responsible for development and licensing of one of the most successful cannabis brands, Artizen™.
The first independent cultivator’s flagship facility was custom designed and built in Lacey, Washington in 2014. Artizen branded products were licensed to and sold from this facility as early as 2015. The strain collection launched during that time immediately caught the attention of connoisseurs and experienced shop owners and budtenders — folks who know premium cannabis
$PVSP SEATTLE, WASHINGTON, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, together with Zen Asset Management, today announced that Artizen reached sales of $1.6 million in August.
https://www.nasdaq.com/press-release/pervasip-announces-%241.6-million-in-august-revenues-and-3rd-quarter-guidance-2022-09
$PVSP ZAM is a diversified asset management company, founded to acquire, develop, and support companies and technologies in the cannabis industry. ZAM provides services to several customers in Washington State, including four licensed cultivation facilities and one licensed processing facility, under a series of consulting, leasing, intellectual property licensing and other long-term agreements. ZAM is also responsible for development and licensing of one of the most successful cannabis brands, Artizen™.
The first independent cultivator’s flagship facility was custom designed and built in Lacey, Washington in 2014. Artizen branded products were licensed to and sold from this facility as early as 2015. The strain collection launched during that time immediately caught the attention of connoisseurs and experienced shop owners and budtenders — folks who know premium cannabis.
$PVSP we are Artizen cannabis and we are expanding rapidly nationwide and international markets too!
$PVSP SEATTLE, WASHINGTON, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, together with Zen Asset Management, today announced that Artizen reached sales of $1.6 million in August.
https://www.nasdaq.com/press-release/pervasip-announces-%241.6-million-in-august-revenues-and-3rd-quarter-guidance-2022-09
$PVSP ZAM provides consulting, leasing, intellectual property licensing and other long-term arrangements to cannabis operators, including management of the Artizen™ brand assets
https://www.pervasip.net/zen-asset-management-zam
$PVSP Artizen On Instagram:
https://www.instagram.com/reel/CVRjKSOBw4c/
$PVSP SEATTLE, WASHINGTON, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, together with Zen Asset Management, today announced that Artizen reached sales of $1.6 million in August.
https://www.nasdaq.com/press-release/pervasip-announces-%241.6-million-in-august-revenues-and-3rd-quarter-guidance-2022-09
$PVSP's Financial Outlook Q3 2022 through Q4 2023:
Reach $2.0 million in monthly revenue by end of Q1 2023
Reach $2.5 million or $30 million in annualized revenue by end of Q4 2023 with 30% in adjusted EBIDTA
Reach $3.0 million or $36 million in annualized revenues by end of Q2 2024 with 35% in adjusted EBIDTA
Reach $50 million in annualized revenue with 35% in adjusted EBIDTA
$PVSP ZAM is a diversified asset management company, founded to acquire, develop, and support companies and technologies in the cannabis industry. ZAM provides services to several customers in Washington State, including four licensed cultivation facilities and one licensed processing facility, under a series of consulting, leasing, intellectual property licensing and other long-term agreements. ZAM is also responsible for development and licensing of one of the most successful cannabis brands, Artizen™.
The first independent cultivator’s flagship facility was custom designed and built in Lacey, Washington in 2014. Artizen branded products were licensed to and sold from this facility as early as 2015. The strain collection launched during that time immediately caught the attention of connoisseurs and experienced shop owners and budtenders — folks who know premium cannabis.
$PVSP ZAM provides consulting, leasing, intellectual property licensing and other long-term arrangements to cannabis operators, including management of the Artizen™ brand assets
https://www.pervasip.net/zen-asset-management-zam
$PVSP the mature markets provide relevant insights into future sales distribution across key categories with flower and pre-rolls still leading at 59%, followed by concentrates (dabs/vape) at 29% and finally edibles and beverages at a combined 9%
Artizen brands will materially expand their flower market share and enter the concentrates and edibles market with a goal of occupying top 10% market share positions in each vertical.
$PVSP The Company also reports that various new product lines and planned near-term acquisitions will add revenue, new growth opportunities, and be a springboard for expansion into other recreational cannabis markets in the US.
https://www.bloomberg.com/press-releases/2022-09-13/pervasip-corp-pervasip-announces-1-6-million-in-august-revenues-and-3rd-quarter-guidance
$PVSP For all cannabis connoisseurs all that needs to be said about that brand is “IYKYK” (bestselling small batch top shelf brand). Several similar arrangements will be announced soon, following through on one of the other major initiatives outlined in the January 2022 Shareholder letter.
While the cannabis market on the west coast is still challenged by its post Covid dip, massive oversupply, and egregious tax and state by state rules, brands like ArtizenTM, well-oiled distribution, top notch management teams and healthy, transparent financial structures, will be the ultimate winners in this space.
$PVSP SEATTLE, WASHINGTON, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, together with Zen Asset Management today announced its 2-year strategic roadmap.
$PVSP $100M In Monthly Sales By Category
After several years of recreational sales, the mature markets provide relevant insights into future sales distribution across key categories with flower and pre-rolls still leading at 59%, followed by concentrates (dabs/vape) at 29% and finally edibles and beverages at a combined 9%
Artizen brands will materially expand their flower market share and enter the concentrates and edibles market with a goal of occupying top 10% market share positions in each vertical.
https://www.bloomberg.com/press-releases/2022-09-06/pervasip-corp-24-month-roadmap-to-50-million-in-sales
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