So it says, "In July 2020 CBD Life informed the Co
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Posted On: 09/10/2020 9:12:55 PM
So it says, "In July 2020 CBD Life informed the Company that numerous cans of the delivered product were leaking. The Company has agreed to replace the production run at its own expense and accrued related cost of $68,648 as of March 31, 2020. The production-related costs, including start-up costs and production overruns, were approximately $109,000 in March 2020."
-- its less than 300,000 total cans and it happened at Raw Pharma PRIOR to RMHB acquiring the bottling plant.
-- It sounds very possible that they will be reimbursed for inheriting a faulty can sealer equipment: "Management has also held discussions with the prior owners of Raw Pharma (where the product was produced prior to our acquisition) and is negotiating an agreement to compensate the Company for losses related to the equipment issues."
-- So this also explains why lately the production pics and videos have been with Rhino and the Hand Sanitizer of late?
-- i hope it is already resolved and they really (if not already) step up the CBD Life drink production to catch up with what looks like in social media is strong demand.
lets just hold on and see this thru, we knew it was not going to be a pretty 1st qtr.
-- its less than 300,000 total cans and it happened at Raw Pharma PRIOR to RMHB acquiring the bottling plant.
-- It sounds very possible that they will be reimbursed for inheriting a faulty can sealer equipment: "Management has also held discussions with the prior owners of Raw Pharma (where the product was produced prior to our acquisition) and is negotiating an agreement to compensate the Company for losses related to the equipment issues."
-- So this also explains why lately the production pics and videos have been with Rhino and the Hand Sanitizer of late?
-- i hope it is already resolved and they really (if not already) step up the CBD Life drink production to catch up with what looks like in social media is strong demand.
lets just hold on and see this thru, we knew it was not going to be a pretty 1st qtr.
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