CANNAINVESTOR Magazine U.S. Publicly Traded December 2017 | Page 74

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COMPETITION

CANRVE’s competitors in the online vacation rental space

CANRVE’s competition in the online cannabis-friendly rental home market is Airbnb, Bud and Breakfast, The Travel Joint, and Potguide. The first three companies are our strongest competitors because they already have an established online presence. While Airbnb is the most widely recognized with an excellent reputation in the home rental marketplace, they do not market directly to the cannabis community. Bud and Breakfast is still growing but at a much slower pace than what they have previously predicted. They also lack the full-service travel experience that CANRVE offers. The Travel Joint business model is closest to ours, but they have limited their market to only four states, Nevada, Oregon, Washington and Colorado and are also growing at a languid pace. PotGuide is not a strong competitor because their primary focus is a dispensary guide and not travel.

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