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Tuesday, September 24, 2019 9:57:47 PM
The PR mentions "Pure Leaf Oil targeting retail markets including c-stores, bodegas, and yes, even donut stores and bakeries through its network of distributors."
This is a statement that has been made to look humorous on the board, however it really just a lack of understanding with the intended purpose of the statement. Canb is expressing that Pure Health uses distributors who supply a variety of different retail locations. Convenience stores have become the top location for selling CBD in many states across the country, so that should not be surprising. A bodega is a small corner store or market that sells groceries and wine. Many bodegas are located in Spanish-speaking neighborhoods of large cities (it's a part of the Latin culture).
And if the distributors also want to sell it to donut shops and bakeries, why not? You come across CBD being added to coffee all over the place. Makes a nice combination and is very popular (although in NYC the coffee shops were getting busted). CBD is also gaining huge popularity in the culinary space. Baked goods with CBD are becoming popular, so why wouldn't a bakery want CBD along with it's order of sugar and flour? Mondelez (formally Nabisco) mentioned considering CBD in their products. I would say they are one of the biggest bakeries in the world.
Where the misunderstanding comes in, is that the distributors are providing Pure Health products for donut shops and bakeries to use as ingredients in their products. Not to add it to a display, sitting on the counter of the store for sale to customers.
I am sure the next question will be which distributors does Pure Health use? I don't know the answer to that. It would be good to know, but this is the OTC so shareholders are always left wanting to know more.
In regards to Canbiola.com, I would compare it to Dell. You can buy a Dell computer on their website, but get the same model at Staples cheaper. People will still go on the Dell site and buy it at the higher price. Not sure why they don't price compare.
And business customers login to the Dell site with their account (or go through an account rep), and get a healthy discount since they are buying in bulk (essentially wholesale).
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