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Friday, April 03, 2020 12:19:16 PM
200 to 300 k in budcars delivery . The most important thing is next
Sgmd s Quarter of 1.5 million to 3 million . Budcars will do 5 to $ 10 million. All distributors are shutting down .
There is 2.5 billion dollars sold in Cali. 1.5 billion between Oregon and Washington st .
There are only a handful of publicly traded companies delivering
And a handful of delivery companies period . Let's say there are 20 companies .
There is a billion dollars in three states alone . 1 billion a quarter. Divide by 20 companies .
Equals 50 million dollars each per quarter per company . Sgmd is publicly traded .
They can scale up faster. Some companies .more then others . I believe the standard is 100 per delivery .
Do the math . 1000 deliveries a month equals $ 1 million . There are 39 million in Cali . 10 million or more smoke cannabis . Do the math.
Once the virus is over numbers will come down but they can retain $ 15 to 25 million easily per year.
Uber Lyft grub can't deliver cannabis Bc they can't touch the plant .
They will lose there investors .
Plus each delivery person will need a cannabis delivery license .
I can't see it !
Sgmd is truly hitting this out of the park . Sgmd is for real.
This is so much better then a hydro company . They can take this model
And do it for each state . Rural areas works out the best . Margin are great and Low overhead .
Rmn. Naysayers
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