CANNAINVESTOR Magazine U.S. Privately Held Companies November 2017 | Page 38

CI: What is your estimated growth rate from Year 1 to Year 5?

HB: We estimate a year over year growth rate of 100% for the first three years and 50% during years four and five.

CI: What will be your three largest annual expenses?

HB: Marketing, Staff Personnel, and IT.

CI: What year do you expect to be profitable?

HB: We expect profitability by the end of our first full year, by intelligently investing our resources in the proper departments.

CI: What are your estimated profit margins?

HB: Estimated profit margins should range between 45% and 70% as we grow and are able to service more businesses in the marketing of their products and services.

CI: What would be investors exit strategy if they invest in Healing Budz?

HB: Investors will be thrilled to see the success of the company as we continue to make strides in our goal for an IPO within a few years.

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