CANNAINVESTOR Magazine February / March 2017 - Page 126

Projected Sales

•With conservative sales estimates of $1.5 million in the first 12 months at 60% average profit margin, within the first year profits could exceed $900k.

•Potential sales estimates could exceed $2.5 million the first year with future sales exceeding past results of 1.5 million.

•Patent infringement and license are not factored into these numbers.

The patent has an priority date of 2009. 95% of the industry is using the ip.