Friday, July 09, 2021 11:33:52 AM
This is obviously important, as the potential CBD Life revenue stream is much needed. The last full year financials (2019) posted a loss of better than $5,000,000.00. At a nickel per can they need to ship 100 million cans annually to recover those kind of losses. That's nearly 275,000 cans every single day. Can their little co-packing facility provide that kind of production? How many pallets of cans does a semi trailer hold? It seems to me that unless they have a constant stream of trucks (at least 10) heading south every day, they will continue to lose money. Sorry pal, numbers don't lie and they are hard to swallow.
Learning always challenges what you think you know
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