CANNAINVESTOR Magazine Privately Held Companies December 2017 | Page 126

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CIM: Are the risks for investors minimized due to the

fact CANRVE is an ancillary business and do not touch

the plant?

CANRVE: Absolutely. Although we are a cannabis company, we service the community with a fully legal product. We do not have to undergo any stringent application processes or licensing fulfillments.

CIM: What is your estimated growth rate from Year 1 to Year 5?

CANRVE: Approximately 75-80% growth from by year 5

CIM: What will be your three largest annual expenses?

CANRVE: Marketing and Advertising, Product Development, Payroll and

Content Management Software Investment.

CIM: What year do you expect to be profitable?

CANRVE: 4th quarter of 2nd year.

CIM: What are your estimated profit margins?

​​CANRVE: Between 85-90%. We don't produce, manufacture or store goods so our operating cost is relatively low.

Q&A