HempCBD Investor Magazine Issue #3 - July / August 2020 | Page 109

Q

CIM: What other countries will you be signing franchise agreements in for 2020?

A

CSA: We signed contracts for Mexico and some of the Caribbean Islands.

Q

CIM: How does legislation in other countries impact Cannabis Store Amsterdam’s expansion? United States, Canada, Asia, Australia, South America, and Caribbean?

A

CSA: As mentioned before, we're able to provide affiliates with products containing any percentage of THC or CBD so that our products are and will be always legal in any Country.

Q

CIM: What is your estimated store count at the end of 2020 and 2021?

A

CSA: Approximately 170 - 200 stores by year-end 2020 and 300 by year-end 2021.

Q

CIM: Do you own all the stores or are they franchisee owned?

A

CSA: The stores are owned by the franchisee.

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