GL Brands Inc. (fka GRLB)

[YamInasty]

I thought the call was great! Exciting times for FRLF and Green Lotus! Definitely worth listening to...

Beverage flavors: watermelon and grapefruit

IrieCBD’s manufacturing will move to Green Lotus’s facility immediately upon closing. Green Lotus’s COGS are 30% lower than irieCBD’s. That’s a COGS savings of $350-400k (on a proforma basis)

Sounded like FRLF just returned the greenhouse keys and will save 670k in mortgage payments over the next 12 months and remove about 90% of the liability.

Hemp2o - bc FRLF was in talks with Green Lotus there was no reason to add a beverage since Green Lotus already had one in their pipeline.

IrieCBD and Green Lotus will share each other’s distribution channels.

Green Lotus is talking to a number of national retailers

Green Lotus received an initial order from CBD life for $3mil in Dec’18 and received a re-order for $23 mil earlier this year.

Green Lotus is currently sold in 1,300 locations and has a 17 person sales team.