InvestorsHub Logo
Followers 1
Posts 18
Boards Moderated 0
Alias Born 08/06/2014

Re: None

Thursday, 08/28/2014 12:48:21 PM

Thursday, August 28, 2014 12:48:21 PM

Post# of 263685
Just in a desire to sample an experience with one of GRCUs bigger competitors in the CBD market, I placed an order with Dixie Botanicals which have a claimed 25 mg of CBD per capsule. 30 capsules runs $230. I had to send an email yesterday as I had not received any notice of my order shipping. The email response I received is as follows:

?"I apologize for the delay, we have been experiencing overwhelming demand for these products as of late. I have printed your order, it will leave the facility in the next day or so. You will receive tracking information just as soon as it leaves the facility."

Dixie botanicals cost: 25mg/pill*30 capsules=$230
cost per mg being $.3067

AllCBD.com predicted cost according to whats on their site now: 50mg/pill*30 capsules=$90
cost per mg being $.06

So yeah, I apparently paid way too much, but wanted to sample the competition and get their experience then compare that to ours. Based on the dramatically higher cost of Dixie Botanical's product and an apparent "overwhelming demand" at that cost, it seems we would have the ability to SIGNIFICANTLY increase our pricing. Unless we are setting up with an extremely large supply and trying to capture a massive market share, I don't see why we would come in with such a low price.