CANNAINVESTOR Magazine U.S. Privately Held Companies March 2018 | Page 108

CIM: What will be your three largest annual expenses?

GCCM: Cost of goods, compensation and compliance/legal.

CIM: What year do you expect to be profitable?

GCCM: After operations commence early in year three.

CIM: What will be your estimated profit margins?

GCCM: 25 percent or greater.

CIM: How much debt do you have?

GCCM: ZERO.

CIM: How does Gulf Coast Canna meds plan to use investment funds it raises via the Reg. CF?

GCCM: For application expenses, operations, and capital.

CIM: And lastly, a maximum capital raise for a Reg. CF is only $1,000,070; what is your funding strategy after the Reg. CF is completed?

GCCM: We are currently exploring opportunities for a capital infusion of $10 million plus.

Q& A

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Derwin Wallace: CIM Lori Daugherty, President: GCCM