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Re: Dan Goldin post# 6621

Tuesday, 03/22/2016 2:46:34 PM

Tuesday, March 22, 2016 2:46:34 PM

Post# of 14428
75-80% profit margins seem pretty decent to me as well, just completely unbelievable according to any of the past filings I've looked at.

In my opinion it's about making monies for the company (profits) than fancy packaging that's not compliant, 75-80% profit margin seems pretty decent to me.

If you are asserting a profit margin of 75 -80% on a $5/ gram pre-roll, then I'd say that you've been smoking too many plastic tubes. The same plastic tubes that all the shops in Oregon are selling their own shake and old bud pre-rolls are using.

Even If those same said pre-rolls were only 1/2 gram I would call BS unless, you are asserting that their regular bud gram prices of $10/gram are generating a profit of over 80%, in which case you've just reduced your unbelievable profits by paying someone to grind, roll and pack them instead of just selling the buds in their original form. Then again maybe this is old, degraded, unsold bud, in which case that's not a horrible way to stop lost profits but also not a great way to launch a 'new' branded product.

I live in Tigard, Oregon and I've been to many of the shops in Portland and there is plenty of 'fancy' professional looking packaging in the market that I'm sure is compliant. That includes branded pre-rolls in multi-packs sold at many different dispensaries that have no connection to the brand on the pack. Is KAYS distributing their Kaya buddies in other shops? I can't imagine so.

Anyway, I find it interesting that this is the subject you've chosen to respond to, maybe an opportunity to advertise KAYS magical profits or are you just avoiding the harder questions that I think we would all like to see answered like the latest from Hopscotch:

Please Dan a link to disclosure of your role as an executive consultant (whatever that means) in the SEC filings for KAYS. I would like to know your background in the industry since you are endorsing Jones.

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