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Posted On: 02/25/2020 9:57:05 AM
Post# of 103511
$SKDI Hakuna has already begun the construction of a new Clean Room, which represents an important part of this initiative. The Clean Room is expected to be fully operational by March 13, 2020.
"Hakuna has a very strong stable of award-winning products and a large nationwide distribution footprint in a booming market niche," noted Carl Grant, CEO of Sun Kissed. "But one of the reasons we acquired the company is their optimally positioned stage of growth. This is truly a top emerging brand in the high-end CBD-based products space. The capability to increase Hakuna's output translates into sales growth and a wider awareness of the Hakuna brand. At this point, the story is about scaling up and widening margins on variable cost inputs."
"Hakuna has a very strong stable of award-winning products and a large nationwide distribution footprint in a booming market niche," noted Carl Grant, CEO of Sun Kissed. "But one of the reasons we acquired the company is their optimally positioned stage of growth. This is truly a top emerging brand in the high-end CBD-based products space. The capability to increase Hakuna's output translates into sales growth and a wider awareness of the Hakuna brand. At this point, the story is about scaling up and widening margins on variable cost inputs."
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