I'd agree. The CEO kind of hinted at that in the news release -
""Our reasoning for this recent asset purchase and acquisition of an established 15 year nutrition and supplement company with a strong retail location and high traffic online stores with eBay and Amazon was two-fold. First, an additional revenue stream of close to $600,000 in product sales within the supplement and wellness space will greatly increase our balance sheet as it relates to inventory and product sale based revenue. Second, a long time established relationship with online store fronts including arguably the largest online partners in the world Amazon and eBay creates an incredible opportunity as a gateway for launch of our new wellness products and brands. The online store www.peakperformancesupps.com is in conjunction with eBay store "performancesupps" and Amazon store of the same name. With an established retail location since 2001, and built in consumer base, these new retail and online e-commerce assets soon to be within Agritek Holdings provides a much anticipated subsidiary for immediate and meaningful revenue and channel for the proprietary wellness products within the legal jurisdiction of California" stated B. Michael Friedman, CEO of Agritek Holdings Inc.
The closing of the asset purchase is expected to take place within the month of October 2017 subject to final due diligence."
Being able to sell our marijuana products online will be down the road. However, revenue from wellness products and the store having good reviews, we should be hearing something on this $500,000+ revenue per year at some point in 2018.
