If we look at the big 4 CBD Beverage stocks — PURA, HIPH, KGKG and VATE
TYPE OF CBD BEVERAGE SOLD
PURA — CBD water
HIPH — CBD water
KGKG — CBD water (big seller is hemp energy drinks)
VATE — CBD Coffee and CBD Iced Tea
FLOAT SIZE
PURA — 513M
HIPH — 600M+
KGKG — 665M
VATE — 423M
OTC TIER
PURA — Pink
HIPH — Pink
KGKG — Pink
VATE — QB
So VATE stands alone because VATE is the —
1) Only CBD Beverage stock selling a CBD beverage other than CBD water
2) Only CBD Beverage stock selling 2 different CBD Beverages
3) Only CBD Beverage stock selling ready-to-drink CBD Coffee
4) Only CBD Beverage stock selling CBD Coffee and CBD Iced Tea
5) Only CBD Beverage stock trading on the QB
VATE also has the smallest float
VATE also has zero debt
VATE has the best selling line of Hemp Coffee in America on Amazon (Whole Foods) and is carried by Lucky’s Market (Kroger)
And VATE has a readymade distribution network courtesy of KGKG — all 10 of VATE’s announced distributors are KGKG distributors
So it isn’t costing VATE any money to locate distributors
Expansion is literally free
Revenues are on track to double in Q2 per CEO
Q2 report is due to come out in 4 weeks
Yesterday’s news of signing 3 new distributors, coupled with a much larger upcoming production run to keep up with demand, is yet another indication that VATE didn’t show up just to play: