$PBIO's revenue model assumes $2.5 million in UST
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Posted On: 05/20/2020 6:41:50 AM
$PBIO's revenue model assumes $2.5 million in UST sales for 2020 (12 units) growing to $7.0 million by 2022 (35 units). At the same time, management recognizes that the opportunity window in CBD may only last a few years before the industry begins to consolidate. The Company sees much greater opportunity outside CBD, particularly in food, pharmaceuticals and nutraceuticals and cosmetics.
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