OXXO, which has been mentioned often on this Board
Post# of 75011
(Total Views: 612)
Posted On: 11/08/2019 11:25:40 AM
OXXO, which has been mentioned often on this Board, is owned by the biggest company on your list, Dhubis.
FEMSA Comercio, S.A. de C.V.:
2016 Global Ranking: #100 — Retail Revenue: $9.7 billion
2013 Global Ranking: #156 — Retail Revenue: $6 billion
Dominant Operational Format: Convenience/Forecourt Store
OXXO has 17,500 stores and other retailers will be lining up, what with our having (we mustn't forget this!) an exclusive. The market for CBD beverages in the US is projected to be $260M by 2022. Extrapolate that to Mexico (smaller middle class, about 40% of the population) and we're reasonably looking at revenue, for CBD -infused beverages in Mexico alone, of about $100M.
Add to that: 1) CBD-infused beverage revenue from other countries; 2) the Rocky Mountain legacy products, 3) Eagle Spirit (government and Native American contracts), and 4) other (chocolates, HempD, etc.) and we're looking at a $200-$500M company in three years.
I think. I hope. I believe. Please: Tell me why I'm dreaming.
FEMSA Comercio, S.A. de C.V.:
2016 Global Ranking: #100 — Retail Revenue: $9.7 billion
2013 Global Ranking: #156 — Retail Revenue: $6 billion
Dominant Operational Format: Convenience/Forecourt Store
OXXO has 17,500 stores and other retailers will be lining up, what with our having (we mustn't forget this!) an exclusive. The market for CBD beverages in the US is projected to be $260M by 2022. Extrapolate that to Mexico (smaller middle class, about 40% of the population) and we're reasonably looking at revenue, for CBD -infused beverages in Mexico alone, of about $100M.
Add to that: 1) CBD-infused beverage revenue from other countries; 2) the Rocky Mountain legacy products, 3) Eagle Spirit (government and Native American contracts), and 4) other (chocolates, HempD, etc.) and we're looking at a $200-$500M company in three years.
I think. I hope. I believe. Please: Tell me why I'm dreaming.
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