CANNAINVESTOR Magazine U.S. Publicly Traded December 2017 | Page 88

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CIM: Explain your revenue model?

How do you make money?

CANRVE:

1) We take a 13% fee on each home transaction and

2) We also take 18% fee for all Events and Activities + C-Chef transaction

3) Featured listings pay a premium, weekly, monthly or annually

4) Dispensaries pay a premium to list their products monthly or annually

5) Product advertising pay a premium, weekly, monthly or annually

CIM: What are your major hurdles and obstacles?

CANRVE: At this moment, funding is the only hurdle and obstacle. Everything else we can overcome and we have the team in place to move forward at a much faster pace once funding has been secured.

CIM: How do you plan on scaling the platform?

CANRVE: Strategy to scale the CANRVE business.

A. Automation, via CANRVE Robust platform: Develop a robust user friendly, multifunctional travel service platform, making work flow more efficient and rely less on human capital. Invest front end cost into the robust platform to drive long term revenue via cannabis friendly rental homes, events, activities and chef services and advertising. With a robust platform and its technology– CANRVE will reach, attract, and convert users to partner and utilize the various system services to list their homes and or businesses, while enabling buyers to access and purchase directly via any digital device. CANRVE travel booking engine and advertising platform allows for faster automated processing of services.

CANRVE Intuitive platform: With the use of CANRVE Intuitive system a user is guided through an easy to use booking engine where they can securely reserve cannabis friendly rental homes, events, activities and chef services versus relying on human capital to directly assist with the process.

Advertising via CANRVE.com: – Drive incremental revenues via listed dispensaries, to advertise their products and services, allowing the traveling cannabis user to locate and identify, access or purchase at the nearest featured dispensary while traveling. Drive additional revenue through advertising of ancillary products.

Marketing:

Digital and grassroots Marketing – via low cost activation and engagement tools i.e. Social media, grassroots festivals, community, state forums and expositions.

Word of mouth marketing - Drive repeat usage and word a mouth advertising from existing users to assist increase new user’s monthly.

Added value: Generate supplemental revenue via the robust intuitive platform without adding labor hours; through offering tours, excursions and added lifestyle services, example chef services, spa services, tour of growers farms etc. offered to the traveling home renters.

Territory development and growth – Focus on developing and driving the services in the legal states for medical and recreational, then to medical states, then to territories in the Americas (North, South, Central America and the Caribbean) in the initial stage then develop and drive increase market penetration, revenue growth across Europe etc.

relate to the Cannabis industry. Products permitted are cannabis-related ancillary products.

Q&A