CANNAINVESTOR Magazine Privately Held Companies January 2018 | Page 141

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CIM: What will be your three largest annual expenses?

CC: Advertising, raw materials, salaries

CIM: What year do you expect to be profitable? What will be your estimated profit margins?

CC: 18 months from funding we expect to be profitable and expanding capacity. 200%

CIM: How much debt do you have?

CC: We have 0 debt.

CIM: How does Cana-Coin plan to use investment funds it raises?

CC:

2 extraction set-ups (300,000 each):  $700,000.00

Raw Materials $60,000.00

Installation cost $70,000.00

Packaging $100,000.00

Marketing $30,000.00

Administration and rent $30,000.00

Closing Costs $10,000.00