Pervasip Corp (PVSP)

[JP888]

New Concentrate line of products will start producing revenue in July. Projected to add $12M in overall revenues. Concentrates include rosin, hash and wax products. Nice to see the product expansion.

$17M —> $35M revenue growth in Washington state alone. Partners already secured in CA, OR and NY for brand licensing. 10-12% royalties for licensing without having to spend the heavy capital to build-out in each new state. The reason many MSO are hurting is due to their heavy expenditures/debt load building out massive farms and infrastructure. Artizen doing it the right way which will pay dividends in the upcoming financials.

The revenue mix is being spread out which is a positive step.