SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND SALAMI -- PART II

[sleekscape]

Take Home Points From Today’s VATE PR

https://www.prnewswire.com/news-releases/elev8-brands-inc-improves-lives-of-professional-athletes-with-newest-partnership-300984924.html


1) PR Newswire

That’s the preeminent news distribution service in the game

Nice to see VATE moving up the PR chain


2) New Mexico Runners Sponsorship of Elev8 CBD Iced Tea

Great way to advertise and promote the Iced Tea to fans and other athletes

I see they have some excellent companies sponsoring them, including Starbucks

https://www.newmexicorunners.com/


3) 8 pallets per month ordered by Outwest 505 = $20,000 per month

https://outwest505distributing.com/

I’m trying to figure out how many bottles are in one pallet

youwish is the one guy who would know for sure

For now, I’m estimating about $2500 per pallet, based on information from the KGKG board

That’s $20,000 per month or $240,000 per year


4) VATE has about 20 distributors by now, possibly significantly more than that

A PR from last year had them at 18 distributors in 12 states

If we extrapolate this data to the other distributors, then 20 X $240,000 = $4,800,000 in 2020 from CBD Iced Tea

$4,800,000 in annual revenue is a very high number

Most distributors probably aren’t quite as large as Outwest 505, but even at half that amount the revenue potential from Elev8 CBD Iced Tea is staggering

And VATE should be adding a lot more distributors moving forward in 2020


Sleek