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JustMary: Yes, we have a patent for the plant variety Cannabis Sativa and also a patent for the beverage production process with a sterilization and gasification system with supercritical CO2. The innovative combined process makes it possible to achieve a double goal: to pasteurize the drink and to make it sparkle, through a single production step and therefore with a single plant.
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CannaInvestor: How has JustMary been affected by Corona Virus?
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JustMary: Covid-19 boosts our operations and thanks to this impact we closed the FY2020 turnover above 1.6 million EUR.
CannaInvestor: What are your current revenues and margins? How fast are you growing?
JustMary: The first half of 2021 starts in line with previous year, on 30 June 2021 we are very close to 700.000 EUR revenues, so we expect to close the full year at level pretty similar to 2020. In term of margin, we are improving our EBITDA trending towards a high-middle single margin at the end of 2021. The growth rate will depend on marketing investment that we will allocate in the next quarters.
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