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Monday, May 06, 2019 9:53:45 PM
https://wallstreetanalyzer.com/2019/05/06/apple-rush-company-inc-otc-apru-interview-with-ceo-tony-torgerud/
I took a few notes. Definitely worth a listen.
- "Some big-box stores are looking at us right now."
- Expanding into Minnesota and Wisconsin
- Signed a deal in New Jersey, expanding there in the next few weeks
- Seeing growth in sales of private-label CBD products. "That's where the profit growth is gonna come from." A couple of deals in the works that could grow sales "exponentially."
- Producing 25,000 15 ml tincture bottles every week. Wants to ramp up to 75,000 per week.
- Testing CBD-infused Apple Rush blueberry product
- Expect announcement soon regarding new private-label licensing deal
- Former NFL running back Leonard Marshall helping company expand in New England
- Working on a variety of CBD products -- pain tabs, tinctures, deodorant, soap, vape oils, etc.
- Contracts signed for his purchase of all APRU shares held by LiveWire (15 billion shares); will reduce O/S count to 5 billion
- "Working with several large chain stores to put product into." (Not sure if he was talking about Apple Rush, CBD or both)
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