I was thinking about VATE’s potential revenue in 2020 this morning
With 4 flavors of beautifully packaged, precisely formulated and excellent tasting Elev8 CBD Iced Tea selling in KGKG’s impressive nationwide distribution network, VATE should be able to pull in at least $1M-$2M from this line of products alone
Add in revenue from the CBD Iced Coffee in cans, CBD Coffee in Bags, Hemp Coffee in Bags, Hemp Coffee in Pods and Hemp Tea in Bags — that’s a really comprehensive product lineup in the Hemp & CBD Coffee and Tea space — and the revenue numbers really start to climb pretty vertically
With chains stores getting in on the action next year, for example in their home state of Florida, the revenue ceiling over the next 12 months will be moving upwards as we move from Winter to Spring to Summer to Fall
2020 should be the beginning of a large revenue ramp for VATE
So I’m glad they took the time to do things the right way — logo redesign, QR codes on bottles linking to lab results, verifiable 10.94 mg of CBD per bottle