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Re: Jackwin post# 2109582

Monday, 08/10/2020 10:51:03 PM

Monday, August 10, 2020 10:51:03 PM

Post# of 2341756
By 2024, the cannabis market in California is projected to reach $7.2 BILLION – boosted significantly by California’s recreational cannabis market- a 19% compound annual growth rate (CAGR) over the next five years. (Source)

California is the world's biggest cannabis market...

GPFT is a California-based business, which is where Hourglass™ will launch this year on a select retail basis...

Initially, GPFT will be focused on "owning their backyard," launching in a smart, controlled manner... in a way that requires smart metered investment... AND... There's no better place than California to build a sales and investment story around a product like Hourglass™...

Of course, we investors all expect Hourglass™ to become a "national" product in time - to be sold in every U.S. state with a legal market, but overnight expansion is not possible for any early-stage venture because of the capital required and the time it will take to obtain distribution and regulatory approval...

Thus, my focus has been on the rapidly growing California market when calculating possible revenue projections scenarios for Hourglass™...

Check out the Chart (below)! In terms of marijuana consumption methods, edibles are not harmful to the lungs and individual servings of these types of products typically are not shared between users, making them a more attractive option amid the COVID-19 pandemic. For a while, we have been slowly witnessing consumer behavior shift towards healthier methods of consumption, but the pandemic has really catalyzed a rapid shift. Health is now on everyone's minds.

- The market share for edibles is increasing significantly...
- The market share for the flower, concentrates, preroll is dropping...
- The Market share for vape pens grew slightly due to the innovation in that space - the emergence of more natural brands, and new vape pen dosing methods (see brands such as https://dosist.com/)
*** The market share for topicals dropped... however topicals currently do not get you high and produce local effects only.... they are seen as a luxury product and are not of great utility to the mainstream cannabis consumer due to inability to produce full benefits. THIS IS ABOUT TO CHANGE WITH HOURGLASS™

My main point is that we are seeing a rapidly growing California cannabis market and consumer behaviors shift rapidly toward healthier methods of consumption. I have plenty of data to back this up. Smoking is out, edibles are in. The market is shifting towards healthy consumption methods. Since edibles are not without problems of their own (unhealthy ingredients such as corn syrup and dyes, and unpredictable effects due to first-pass metabolism through the liver), companies such as GPFT are seizing the opportunity to potentially disrupt the industry with innovative new, HEALTHIER delivery methods... HOURGLASS™

Indeed it takes time to educate consumers about a new product. Indeed it takes time to grow and scale a product... HOWEVER... Market trends are in our favor, and consumers are demanding healthier, new products like Hourglass™. Hourglass™ is at an intersection of several rapidly growing trends. Do you really think the cannabis user of the future will be eating cannabis cookies and vaping? Just apply the cream!

(WATCH THE VIDEO if you don't yet know about Hourglass™...)

In 4 years, I believe that Hourglass™ could conservatively represent a $30M -$40M annual revenue opportunity in just the State of California alone. What do you think?


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