CBDREAM | Application Preview
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General Information
Business Registration Number: 85-2620598
Location: Westlake, OH, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
The dedicated team members of CBDREAM plan to develop an omni-channel distribution network including online sales through our website CBDREAM.love, Etsy, Amazon, and Walmart; we plan to distribute our products to wholesalers and brink and mortar stores such as Whole Foods, Kroger, Etc. We are able to connect with these stores through web services such as RangeMe.com and Faire.com (these services require subscription fees). CBDREAM team members plan on contacting/connecting with ALL local, Regional, Statewide boutiques/shops to place our products in their reputable establishments. CBDREAM plans on expanding our product lines with new designs and products packages to offer a greater selection for our clients and customers. CBDREAM will market our products on social Merida platforms such as Facebook, Instagram, Snapchat, YouTube, TikTok, etc. CBDREAM will explore all possible marketing avenues such as Radio, Billboard, flyers, media ads, community engagement, conventions/faires, word of mouth, etc. CBDREAM will eventually need a larger warehouse space for inventory and operations as the business scales. CBDREAM plans on hiring new team members as business demand requires. A company transport vehicle would reduce shipping costs for large quantities of inventory. CBDREAM plans on keeping overhead costs as low as possible until costs of operations naturally grow out of necessity of the business.
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Business Plan
The dedicated team members of CBDREAM plan to develop an omni-channel distribution network including online sales through our website CBDREAM.love, Etsy, Amazon, and Walmart; we plan to distribute our products to wholesalers and brick and mortar stores such as Whole Foods, Kroger, Etc. We are able to connect with these stores through web services such as RangeMe.com and Faire.com (these services require subscription fees). CBDREAM team members plan on contacting/connecting with ALL local, Regional, Statewide boutiques/shops to place our products in their reputable establishments. CBDREAM plans on expanding our product lines with new designs and product packages to offer a greater selection for our clients and customers. CBDREAM will market our products on social media platforms such as Facebook, Instagram, Snapchat, YouTube, TikTok, etc. CBDREAM will explore all possible marketing avenues such as Radio, Billboard, flyers, media ads, community engagement, conventions/faires, word of mouth, etc. CBDREAM will eventually need a larger warehouse space for inventory and operations as the business scales (CBDREAM will utilize drop-shipping as much as possible). CBDREAM plans on hiring new team members as business demand requires. CBDREAM plans on keeping overhead costs as low as possible until costs of operations naturally grow out of necessity of the business. The ethos of CBDREAM is to deliver beautifully designed premium products to the masses at an affordable price. In the bath and beauty industries, there appears to be highly inflated price margins for a majority of products with lackluster designs. This provides the opportunity for the CBDREAM Team to produce premium designed quality products for a much fairer/more desirable price, while being able to maintain a 200% ROI. Our products specifically are part of a fairly new industry with a very limited number of products; with a very high potential of future new products. Our highly skilled design team can produce and deliver the most beautiful, attractive, yet affordable products in their class. It is the CBDREAM Team’s core goal to to convince clients, customers, and communities to fall in love with our products, place our products on their shelves in all of their stores, and purchase our beautiful products through all of our channels of distribution. Our Team currently includes over 12 years of Design and Marketing experience. Over 10 years of business management experience with companies earning gross income in the millions. Our team specifically chose and developed our products for their high earnings and distribution potential, and are highly dedicated, motivated, and determined to drive this business into a multi-million dollar company. And, we are humble enough to know that we need all the support, guidance, and knowledge that we can get to continue to grow and push ourselves to reach the high levels of success we know we can achieve.
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Self Identified Competition
CBDMD: Incorporated in 2015 in Charlotte, North Carolina, cbdMD currently has an A+ Better Business Bureau (BBB) rating. cbdMD, Inc. (NYSE: YCBD) reported preliminary financial results for the fourth quarter of fiscal 2020, and the year ended September 30, 2020. The company said that net sales revenue for fiscal 2020 is expected to range between $41.7 and $41.8 compared to $23.7 million in fiscal 2019. cbdMD’s stock was rising over 2% on the news and shares were lately selling at $2.33. LUSH: Lush is a British cosmetics retailer, which is headquartered in Poole, Dorset, United Kingdom. It was founded in 1995; Lush has 951 stores globally. It produces and sells creams, soaps, shampoos, shower gels, lotions, moisturisers, scrubs, masks, and other cosmetics for the face, hair. The organisation claims it uses only vegetarian recipes, 85% of which are also vegan. The company operates stores in 49 countries globally, with most locations located in the US, as well as production facilities located in the United Kingdom, Canada, Croatia, Germany, and Australia. NULEAF NATURALS: Jaden Barnes founded NuLeaf Naturals in 2014. NuLeaf Naturals headquarters is located in Denver, Colorado. NuLeaf Naturals creates full spectrum CBD products extracted from organic hemp plants grown on licensed Colorado farms. NuLeaf's CBD oils and softgels are distributed to thousands of retail locations throughout the U.S. and shipped worldwide. The company is committed to providing consumers with safe, consistent, and effective CBD products that are independently verified by third party labs. Our competitors were some of the pioneers of a new industry. The team members at CBDREAM respect these companies and are fortunate to be able to observe and learn from their great progress. Currently, our industry is in the early stages of development, with limited product lines due to being the first of a new frontier. Our competitors appear to be limited to a handful of introductory products; balms, creams, oils, and a select number of edible products (ie tinctures, capsules, gummies), and these products are typically sold at a highly inflated price. But, the truth about our industry is that CBD can be added to just about any consumable/personal care product at much more affordable prices. It is the goal of the CBDREAM Team to further explore the great frontier of our new industry and produce the next wave of new and exciting CBD products. The current designs and packaging of our competitors are bland and their products are becoming basic and over saturated in the rapidly growing market. Our industry needs to evolve into the future with innovative new products that appeal to greater demographics and markets. The mission of CBDREAM is to raise the standard for our industry with impeccable products designs, the most competitive pricing, and the greatest overall CBD experience there is to offer.
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Contact Applicant
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