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Investor_Bill - thanks for posting the link, a very interesting 36 min interview with Nick Tulloch that I recommend all investors to have a listen too. Interview took place between 1-31st Dec 2019. It’s a good recap of where the company is and NT describes himself as:
‘pretty conservative, number focussed and I run the business conservatively. I keep a careful eye on costs. We are in constant expansion mode but everything is costed and analysed first to ensure it provides value for money.’
Feminised seeds - purely sold in the US as there is so much demand and the ‘test will be early in the New Year when we start selling. He mentioned again 1 dollar per seed and believes it will be a successful operation.
He stated demand for Chill products in the States was outstripping supply and they will be looking to boost manufacturing to meet future projected demand.
He also said ‘moving the 2 brands (Zoetic and Chill) into each other’s territory is very important’ and they had a plan in place to do that.
All in all it was a good reminder of the progress made in the last 6 months and it was ‘a sea change with retailers increasing the product lines to 15’ at the end of November and the main target now was getting the products with a mainstream retailer to validate the brand.
Sometime In the next few weeks (maybe on Monday) we will be getting the details of seed sales, latest retail sales and revenue and Zoetics plans for boosting manufacturing of the Chill products to meet projected demand. There might be an
Update on the sale of any Natural Resources but as the last RNS stated this is now a profitable part of the business it might not be quite as urgent to sell as it was when it was first announced. This is a new company with a new strategy with a new CEO and management team who want to make this business successful for the shareholders ( which includes themselves). The next update will show us how much progress has been made and I for one are optimistic fir a successful outcome.
https://www.cbdreleaf.uk/the-cbd-podcast-by-releaf/ep-13-nick-tulloch
I've not had chance to listen to it in full, doubt it tells us anything we don't already know but if anyone else is interested the link is above.