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Management Communication to BLDV Shareholders
2022 Review
Blue Diamond Ventures Inc. (BLDV)
CEO Management Report to Shareholders
April 4th 2023
Dear Shareholders,
The annual report for BLDV for Fiscal Year 2022 has been filed with the OTC Markets. The
business continues to make progress as demonstrated by our year over year increase in both
revenues and operating profit margin.
Our annual report reflects the continued commitment to excellence from our operating entities
as evidenced by the near doubling of revenues from last fiscal year and significant increase in
operating profit. The team that has been assembled at BLDV, to lead this next phase, has grown
over the last year. We have made significant strides in achieving our business objectives.
Improved offerings: We have achieved impressive sales growth across all product categories,
with particular success in sales related to educational efforts in the cannabis space. Our entire
team's efforts and our continued investment in marketing and branding have been integral to
this success.
Cost optimization: We have implemented several cost optimization initiatives that have
contributed to our bottom line. By streamlining our operations and optimizing our supply chain,
we have improved our operating profit margin.
Recent Acquisitions: In August of 2022 we made a strategic acquisition that expanded our
capabilities and helped us to better serve our customers. The acquisition of ICS Consulting
Service LLC, has enabled us to increase our product offerings, and bolster our footprint in
emerging and mature cannabis markets
We have ambitious plans for the future of BLDV and our focus will be on continuing to expand
our product offerings, improving our customer experience, and continuing to optimize our
operations. During the last 12 months the core systems have been developed that will support
Blue Diamond and its operating entities and allow for greater transparency for the shareholders.
2023 marks a renewed commitment to our Four Strategic Pillars with particular emphasis on
Strengthening the Business Model and Enhancing Investor Appeal In conclusion, I want to
express my gratitude to our shareholders for their continued support. Our team remains focused
on our mission of providing high-quality products and services to our customers and delivering
value to our shareholders.
Sincerely,
Yale Peebles - CEO
Blue Diamond Ventures Inc.
Disclosure Regarding Forward-Looking Statements:
Please note that this report may contain forward-looking statements. These statem
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