Currently we're spending roughly $2.30 per unit to have CQ SHOTS manufactured by a licensed and approved cannabis kitchen called HIJOLLY. Later today I will be discussing the purchase of a piece of equipment which will allow us to make them ourselves, cutting costs by 67%! This creates a huge leap in profits. BUT as an added bonus, this equipment will allow us to manufacture hemp-based drinks, which can be sold in ANY STORES, not just dispensaries! Exciting times ahead. BTW, the meeting is with my partner in my IT business, BAXTERA SOLUTIONS. I think the outcome will be favorable, lol.
BAXBUX is funding the launch of OUR VERY OWN BRAND, right here in Tucson, Arizona. More in-depth details coming soon, but for now I can tell you that all relevant materials for packaging, marketing, etc. have all been ordered and are near completion. We already have dispensaries waiting, courtesy of our connections with CQ drinks! Onward and upward!!
https://www.phoenixnewtimes.com/marijuana/cannabis-infused-drinks-arizona-to-survive-dry-january-20956224
We met at BOTANICA DISPENSARY right here in Tucson, on Friday. The meeting went well, and an agreement to move forward has been made! Financials are being put in order, with the goal of bringing in the $40k USD investment. That will secure 20% of the net revenue from the CQ SHOTS, which are already selling well in the dispensaries. A portion of the investment will purchase the high-tech mixer, which will not only enable us to manufacture the products ourselves (saving about 65%), but will allow us to start manufacturing and selling the CQ HEMP BEVERAGES!
After taste testing the SIPCOOL product, we've decided not to pursue that project. We feel it's in our best interests to only participate in products/projects we ourselves enjoy and like.
As promised earlier, meetings with potential investors/partners are being scheduled, the first one to take place Tuesday January 7th, over dinner at my home! Exciting times ahead, and we may soon be moving the buyback date to May 1st!
One of my entertainment world friends is not only a renowned guitarist, but also a film producer. He's now affiliated with several streaming platforms that want his portfolio and new content. This is the next move I'm making, now that the cannabis investments are in place. Come along for the ride AND the earnings!
MOU has been tendered to one of big investors mentioned in an earlier update. This investment will provide the funds to purchase the equipment for manufacturing not only the CQ SHOTS, but the hemp based beverages which can be sold in ANY stores, not just dispensaries. This is HUGE for us, as manufacturing costs for the CQ SHOTS goes down by almost 70%, and will definitely be a boon to the beverages.
12 more dispensaries are coming aboard next month! They're located in Phoenix, the largest city in Arizona, and they're the #1 dispensary group in Arizona. WE'RE SO THRILLED!!!
Monday's meeting went well, and yesterday brought a new potential investor to the table. Everything is pointing to us being able to purchase the manufacturing equipment mentioned earlier. Bright future ahead!
Currently we're spending roughly $2.30 per unit to have CQ SHOTS manufactured by a licensed and approved cannabis kitchen called HIJOLLY. Later today I will be discussing the purchase of a piece of equipment which will allow us to make them ourselves, cutting costs by 67%! This creates a huge leap in profits. BUT as an added bonus, this equipment will allow us to manufacture hemp-based drinks, which can be sold in ANY STORES, not just dispensaries! Exciting times ahead. BTW, the meeting is with my partner in my IT business, BAXTERA SOLUTIONS. I think the outcome will be favorable, lol.
