Saturday, March 25, 2023 9:22:45 PM
According to a 2018 industry report, 153,237 convenience stores are operating in the U.S. These stores generated $616.3 billion in sales for an average of nearly $4 million per store.
https://smallbusiness.chron.com/average-gross-revenue-convenience-store-35712.html
Why can't GC, with its "national footprint" of 15 different SKUs, generate the average annual revenue of a single convenience store? Why does anyone invested in this 4-year-old "water company" expect anything less at this point?
Greene Concepts Inc Completes Acquisition of Mammoth Ventures Inc and its 60,000 sq ft Bottling Facility to Focus on CBD, pH Balanced and Other Enhanced BeveragesPress Release | 02/07/2019
They have had 4 years and are still trying to find a way to not have point of production costs of around 75% of revenue and can't keep revenue steady.
FOUR FREAKING YEARS!
My posts are my opinion and nothing more. You should always do your own DD and do not buy any stock or anything else simply based on what I say.
Recent INKW News
- Form 253G1 - • Edgar (US Regulatory) • 10/23/2024 02:04:12 PM
- Form QUALIF - Notice of Qualification [Regulation A] • Edgar (US Regulatory) • 10/23/2024 04:15:03 AM
- Form 1-A POS - • Edgar (US Regulatory) • 10/15/2024 01:07:21 PM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM
CBD Life Sciences Inc. (CBDL) Announces Grand View Research Report Findings on High - Growth CBD Equine Market, Aiming to Drive Unprecedented Shareholder Value • CBDL • Oct 29, 2024 10:19 AM
Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM