Cultivation - Buddha allocates approximately 9,000 of its 22,000 square foot facility to cultivation. The Company has 300 lights and is able to achieve 5 grow cycles a year at full capacity and yield approximately 2.5 lbs of high end cannabis flower per each light. They are growing high end cannabis strains at their indoor facility that sell wholesale for approximately
more to retail customers at their facility.
Distribution - the Company distributes to other local cannabis retail stores throughout
Area.
Manufacturing - the Company is able to manufacture its own products using non-volatile extraction methods, including edibles and cannabis extracts at its facility. This increases the menu offered to customers and enhances profitability.
Retail Delivery - the Company is able to do home delivery through its license and location. This was very desirable during the pandemic when stores were closed and the Company is revamping its delivery to
take over market share in the competitive LA market.
Retail - The founder of Buddha,
More about Buddha in the cannabis sector: It is a store-in-store model whereby Buddha will rent floor space to several different cannabis brands to sell at one central location. Buddha will source products, provide the license, space and co-branding opportunities. This superior shopping experience with cannabis-branded boutiques will shift the risk to vendors and provide a continual annuity stream of predictable income to Buddha. Total first year annual projections in 2023 for Buddha for this one revenue vertical are
The Company has the most valuable and desirable licenses available in
Company Website, Twitter account, and OTC Markets profile page will be updated soon.
Paul Bakajin, CEO, stated, “I am very excited for the future of
To better reflect the company’s new direction. Please disregard any and all past social media posts and/ or news releases. A company press release will verify any new social media outlets. Currently, the only media outlet is the company’s twitter account @TheRealAAPJ In order to better communicate with our shareholders please email us at info@aap-inc.com. The Company’s website is www.app-inc.com. All information can be verified at https://www.otcmarkets.com/stock/AAPJ/profile. We will be providing many more updates for our shareholders as the company moves in a new direction.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. The company may make forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are estimates that reflect the company’s best judgment based upon current information. All investments involve risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company’s public announcements.
Contact:
info@aap-inc.com
Source:
2023 GlobeNewswire, Inc., source