YEAR 1

LCB MESSAGE

INTRODUCED THINC

BUSSINESS FUNDEMENTALS TESTED

• Over 600 units & 300 runs
• Established a product
• supply limiting factor
• Established brand
• Established revenue levels

WHERE DOES OUR WORK TAKE US

3 CHOICES

• Keep things going at present location with the goal of increasing revenue and increasing profitability
• Go outside and acquire another location. Vertical integration-getting into another niche/segment
• Our success attracts the attention of investors who want to acquire our operation

OPTION 1

• Short life span-6 months
• Expansion is limited due to supply
• Needs bookeeper and facility manager

OPTION 2 INTEGRATION

• Has to be rec compatible facility
• Needs to be process and produce
• Facility location, bookeeper & new partner
• Vertical integration is key

MUST IDENTIFY CHARACTERISTICS OF OUR NEW BIZ/LOCATION

• How many employees
• Revenue levels it can sustain
• Geographic location, proximity and plan for existing loc
• Cost of doing biz in rec world
• Possible sharing of sr. Management

OPTION 3

• Banks
• Budgets
• Ratios
• Profits
• Our success attracts attention

DEVELOP OUR PILLARS

• Providing a niche of a High quality, small batch alternative medicine
• Co2, double distillated with our trade secret low impact pocessing
• Our goal is consistency and purity, good in good out
• Plant a seed, harvest. Vertical integration
• Marketing to next level

OPERATIONS

• Machine running 8hrs/day $4k
• Grind, Refine, Fill and package $8k
• Bookeeping ?
• Sales team 10%-12%
• Procurement-?

THIS WEEK

• Working member salary
• Need to hire someone to do books
• Must pay b&o taxes, set up p.o. box
• Improve inventory management
• Scheduling of labor