CANNAINVESTOR Magazine June 2020 | Page 49

Q

CIM: Who owns Cannabis Store Amsterdam?

A

Q

CIM: How has Cannabis Store Amsterdam been affected by Corona Virus?

A

CSA: Because of the lock down in all the European countries, our affiliates purchased less quantity of products, but despite this we signed several new franchise contracts and we have create new products for affiliates at their reopenings.

Q

CIM: How does your Balance Sheet look? How have you funded the company up to this current time? Investors? Debt? Lines of Credit?

A

CSA: Our Company is strong enough to not need investors or bank loans, since the moment we opened our first store, Cannabis Store Amsterdam has never accumulated any bank debt or tax debts.

CSA: Mrs. Santa Conte. Is the primary shareholder.

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