$PBIO the company is selling their UST-based instr
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Posted On: 04/16/2020 7:22:46 AM
$PBIO the company is selling their UST-based instruments into the CBD product market. The CBD industry is in an explosive growth and land-grab mode with many companies spending to improve bioavailability, increase the quality of products, and scale production.
We believethe market for these machines is quite large and have modeled for solid growth over the next few years. Our revenue model assumes $2.5 million in UST sales for 2020 (12 units) growing to $7.0 million by 2022 (35 units)
We believethe market for these machines is quite large and have modeled for solid growth over the next few years. Our revenue model assumes $2.5 million in UST sales for 2020 (12 units) growing to $7.0 million by 2022 (35 units)
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