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Friday, January 30, 2015 3:35:39 PM
I do not believe George specified any other products that have been delayed as a result of low-quality and inconsistent Chinese hemp, but I'm sure the inconsistency would have an effect on every product line in one way or another. Even if the Chinese hemp works for some products, if they are still working to source Canadian or other hemp for the rest of the products, it would make sense to delay the launch of the RealHempStore. The company would rather launch the retail store with a variety of high quality products, than with one mediocre product while they try to source better hemp for the rest of the product line.
Either way, retail sales from the RealHempStore will be the least impressive revenue stream of the many potential revenue streams outlined in the conference call. The retail store is only one, very small part of the supply chain. Even though it would give the public more to look at, the "behind-the-scenes" commercial hemp and CBD initiatives will add far more to bottom line sales and thus has been the company's focus.
The transcript from the call is not much longer than the 15 posts you're going to have to read to get the information parsed and retold to you. I'd suggest giving it a read.
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