CANNAINVESTOR Magazine U.S. Publicly Traded December 2017 | Page 126

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Q: CannaInvestor Magazine (CIM)

Derwin Wallace, CEO

A: Jerry Pearring, CEO

Real Brands Inc. (RLBD)

RLBD: RLBD is implementing a hybrid three tier system revenue model: producer, distributor, retailer. However, since the legal Cannabis and Hemp industry is still in its early stages we will initially seek to manage online retailing inhouse and expect to manage larger retail chains direct as well.

We anticipate royalty income to be our main source of income through the first quarter of 2018 but fully expect self-distribution and the Omega Hemp Water launch to provide increasing revenue and gross profit contribution through the remainder of 2018.

CIM: Is it difficult to establish a brand in the cannabis and hemp industry? Would it be easier to acquire other established brands?

RLBD: As an emerging market, the legal cannabis and hemp space provides the best of both worlds. The market is expanding rapidly so that brand owners like RLBD who are committed have an excellent chance to succeed but we fully expect to identify brands whose founders may be interested in a variety of strategic relationships including acquisitions.

CIM: Who are your competitors?

Q&A