CANNAINVESTOR Magazine Unites States March / April 2019 | Page 197

DIVERSIFICATION

Logistics Services & Software: End-to-end delivery, cash collection, route management & manifesting on behalf of brands, manufacturers & cultivator

Warehousing & Co-Packing: Six in-production manufacturing & distribution facilities capable of processing $1B+ of sales volume

Value-Added Manufacturing: Source, formulate, produce, package & test products on behalf of cultivators & processors

Retail & Direct-to-Consumer Delivery: Delivery of high-quality products to retail partners and direct to consumers.

Brands: Winberry Farms (Award Winning); Gardener’s; Aja; Afterglow. Their “portfolio brands” include Herbology; Fire King; Headwaters; Higherveda Medicinals; Gpen; GIO; and Rêveur.

As an aside, Lifestyle Delivery Brands (CSE:LDS; OTC:LDSYF; FRA:LDK) has the Californian rights to distribute the Rêveur vape pens as well as CannaStrips.

SALES METRICS (source: company website)

By the numbers: 475,810 Consumers served; 12 Wholly owned brands; 190,000 Square feet of distribution & manufacturing; 780+ Dispensaries served monthly; 1,500 Direct to Consumer deliveries per day; 410+Team members,

SHARES

(source: the CSE)

Issued & Outstanding: 19,875,106

Total equity shares, as if converted: 54,835,467

(source: their website)

Shares Out: 52.23m and per their Investors’ Deck this increases to 76.9M inclusive of out of the money warrants and other instruments such as Options.

REVENUE

Per the January 2019 Investors’ Deck – Annual revenue estimated at USD$72M based on using an annual run rate.