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Friday, September 07, 2018 6:12:06 PM
Posting for the first time after lurking working for a while, so take my thoughts with a grain of salt if you wish.
I manage the Wellness department of a Health Food store where we’ve been selling +CBD oil for about two years. Our entire 10,000 square foot (pretty small by grocery store standards) store took in about $19,000,000 last year. During that same time, we sold $118,658 of + CBD oil and capsules.
In other words, 0.63% of the ENTIRE STORE sales (grocery, supplements, deli, meet etc) resulted from one product occupying less than 2 sq feet of retail space. As far as the Wellness department ( herbs, supplements, protein powders, body care etc) +CBD accounted for 5.4% of the entire department’s sales.
Year over year we more than doubled CBD sales and are outpacing that increase this year so far.
20 % of my job is now talking to people about CBD.
I’ve learned a lot about the company over the last year.
I can post a few more interesting bits later if anybody is interested, but mostly I wanted to add those sales numbers above because they’re pretty compelling.
For me, being long on CVSI is a no brainer.
Recent CVSI News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 01:10:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 02:36:49 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:21:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 01:32:15 PM
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