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Re: GoodBudz post# 43360

Tuesday, 09/17/2019 12:37:23 PM

Tuesday, September 17, 2019 12:37:23 PM

Post# of 61540
I agree, I’m more excited by the introduction of hot CBD Coffee in Q4

Don’t get me wrong, single serve Hemp Coffee is going to be a big revenue driver for VATE, because many consumers have switched to pods

But I believe Elev8 CBD Coffee will outsell Elev8 Hemp Coffee by somewhere between 2X-3X

CBD Coffee is definitely a larger market than Hemp Coffee

So this should lead to an enormous revenue increase immediately

And it will also help VATE in its push into big box retail — Kroger and Whole Foods

The more items they can sell, the higher the probability that they will be picked up by big box chains

It’s obvious that VATE is lowballing their Q4 revenue projection of $400,000 so that they can really smash it

I’d be surprised if they didn’t hit $500,000-$600,000 in Q4, given the fact that they will be releasing the following new products:

3 flavors of bottled CBD Iced Tea

7 flavors of Hemp Coffee pods

7 flavors of CBD Coffee bags


Sleek


Single serve Kuerig cups is a great idea and big market that will grow sales.

I don't know about anyone else, but I'm more excited for whole bean CBD coffee.


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