BTFL has strengthened their balance sheet significantly in recent months.
BTFL reporting $1,134,979 for the 3 months ended June 30, 2015 up from $923,284 for the same period last year.
We have two distinct operating segments:
Monarch and The Big Tomato
The Big Tomato - was acquired by, and is now a wholly-owned subsidiary of, Monarch America as of January 14, 2015
The Company - is actively involved in the business of being a vertically-integrated cannabis management company.
As a result of our acquisition of The Big Tomato, we are aiming to generate sales of specialty soil additives used in the growth of marijuana and other hydroponics and we have acquired certain intellectual property, including trademarks and domain names, used by the Company in branding and marketing its products and services.
Monarch - Revenues
$118,700 for nine months ended September 30, 2015 $62,646 for quarter ended September 30, 2015
This was a significant increase in revenues to prior quarter's retail sales of $4,200
The management and consulting segment is positioned to provide services for building out indoor grow and cultivation facilities.
This segment also has branded indoor gardening products, along with exclusive distribution arrangements with outside parties for specialized gardening supplies like soil additives and growing mediums.
The Big Tomato - Revenues
$1,259,820 for three ended September 30, 2015 $3,496,133 for nine months ended September 30, 2015
The retail operations segment consists of supplying hydroponics and indoor gardening supplies through a retail storefront and supply warehouse.
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