Replies to post #19421 on OMID Holdings Inc (OMID)

[TaxiCaT]

mods can we get this post stickied that I'm replying too?

[GreenThumb Investor]

Nice DD stervc!

[JPS02]

I like how the pdf information attached to the website communicates the advantages of the products such as increased wattage, efficiency, less heat and it is full of specs. information to give the growers a as much information on the products to help them make the best buying decisions.

The website doesn't just try to push the products, it tries to inform the growers/potential customers of the product specs who need the best performing equipment to help them perform in the increasingly dynamic industry they are entering. It tries to show the enhancements that gives their products the competitive edge.

Go AVOP!

[JPS02]

Doubling Down on Pot: Buffett Sells Upper Deck, Room to Grow

By Dakin Campbell and Noah Buhayar
September 12, 2014 12:17 PM EDT 254 Comments

http://mobile.bloomberg.com/news/2014-09-12/buffett-s-berkshire-has-unit-that-helps-marijuana-growers.html

Cubic Designs Inc., a subsidiary of Berkshire’s MiTek unit that makes platforms for maximizing usable floor space in warehouses, sent fliers to Colorado marijuana growers offering to help expand the number of plants they cultivate.
Source: Cubic Designs via Bloomberg

Cubic Designs Inc., a subsidiary of Berkshire’s MiTek unit that makes platforms for maximizing usable floor space in warehouses, sent fliers to Colorado marijuana growers offering to help expand the number of plants they cultivate.

Ice cream, candy and soft drinks helped make Warren Buffett a billionaire. Now a subsidiary of his Berkshire Hathaway Inc. is seeking to profit from pot.

Cubic Designs Inc., a unit of Berkshire’s MiTek business that makes platforms for maximizing usable floor space in warehouses, sent about 1,000 fliers to weed dispensaries in recent weeks, offering to help growers expand the number of plants they cultivate.

“Double your growing space,” the flier reads in capital letters, above an image of an indoor facility with rows of plants. Another page says, “Grow your profits.”

Marijuana Laws Go Up In Smoke

The entreaty coincides with increasing acceptance of marijuana in the U.S. Two states, Colorado and Washington, legalized possession and recreational consumption, and are among 23 where it can be used as medicine. It’s banned under federal law, and banks have said they won’t work with the industry until it’s legal nationwide.

Cubic Designs spotted the opportunity after a few pot growers approached the firm about its platforms, or mezzanine systems, according to Shannon Salchert, the company’s marketing coordinator. Warehouse space has gotten tight in places like Denver, where growers are looking for facilities to cultivate their product. That demand has allowed landlords to raise prices.

“We sold a few mezzanines into that market and decided internally, ‘Why don’t we do some marketing?’” Salchert said today in a phone interview.

‘Still Secretive’

One challenge has been locating growers, because they don’t advertise their names or whereabouts, she said. The fliers were instead sent to dispensaries in states including Colorado, Washington and California, with the hope that they’d be passed on to people who might find a use for the product. Cubic Designs also has considered working with real estate agents who help growers find space, she said.

“The one thing with this industry that’s kind of tough is that it’s somewhat still secretive,” Salchert said.

Buffett, 84 and the world’s third-richest person, amassed his fortune through Berkshire’s acquisition of companies such as Dairy Queen and See’s Candies, and by taking leading stakes in others, such as Coca-Cola Co. He’s known for giving the dozens of units at Berkshire autonomy to run their operations. Buffett didn’t immediately reply to a message today sent to his assistant.

To contact the reporters on this story: Dakin Campbell in New York at [e-mail]; Noah Buhayar in New York at [e-mail]

To contact the editors responsible for this story: Dan Kraut at [e-mail]; Peter Eichenbaum at [e-mail] Peter Eichenbaum

Go NSAV!

[TaxiCaT]

Yeah! 5s getting hit :-)

[TaxiCaT]

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