It is expected that U.S. consumer sales of cannabidiol (CBD) will reach around 1.8 billion U.S. dollars by 2022, which would represent a significant increase from around half a billion U.S. dollars in 2018.

West Coast Ventures Group Corp. (OTCMKTS: WCVC) Here is what we know about WCVC.

From company web site: https://bit.ly/38ITLuU

Our Plan for Growth

Our growth strategy consists of the following components:

1. Organically expand our existing restaurant holdings with a focus on growing revenue and profit. What that looks like is investing $500,000 each quarter to open 3 new locations per quarter. This will add $800,000 to $1,000,000 revenue annually per new location for a total increase of $4,800,000 to $6,000,000 in annual revenue added to existing $3,000,000 annual revenue, so that at the end of six months we are on a $9,000,000 annual revenue run rate after adding the 6 new locations.

2. We have begun the process of setting up our franchising system with the goal of actively selling franchises within six months.

3. Find underdeveloped and under-valued restaurant properties and apply our successful growth model to their businesses.

4. Innovate and develop bold new dining concepts

Executing Our Plan

We have proven our concept and are well into scaling it. However, achieving exponential growth in both revenue and profit will require the following:

1. Long Term Partners

It takes time, a lot of hard work and financial resources to successfully execute a solid plan. For that reason, and others, we are seeking long term investors who seek a return on their investment but who are also committed to the power for good in each restaurant property.

2. Capital for Expansion and Potential Acquisitions

An important part of our growth strategy is acquisition of viable restaurant properties. And while we know that there are a variety of sources of financial leverage available we anticipate requiring cash for at least some percentage of the acquisition price as well as for physical improvements that may be required post purchase.

3. Other Uses for Cash

While most ongoing improvements will be funded out of existing revenues we find it prudent to have enough working capital to meet unexpected major expenses.

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