As Cannabis Companies Struggle, MOTA Delivers $29M Revenue, $3.6M EBITDA – And That’s Just The Start

In 1948, Winston Churchill said, “Those who fail to learn from history are condemned to repeat it”.  Unfortunately,  many Cannabis companies aren’t historians and are repeating the dot-com  to dot-bomb cycle of raising tons of money but no clue how to build a  real business with it.

You know what else we learned from that cycle?  Web 2.0 was the birth  of companies with real business plans, products, customers and  revenues.  They went on to dominate the next 20 years.

Enter MOTA Ventures (MOTA:CSE), who has become a leader in online CBD  sales into the North American market, thanks to an e-commerce “engine”  built by CEO Ryan Hoggan and his team over the past few years at Unified  Funding.  That engine is so powerful that is has racked up over $200  MILLION in sales from over 1 million paying customers over a number of  products, including CBD sales of $25 MILLION by “First Class CBD”, which  was acquired by MOTA for $32 MILLION.

As the new CEO of MOTA, Ryan is bringing that ecommerce engine into  the Company to further drive CBD sales into the US market, as well as,  Europe.  As an online company ourselves, we can pretty easily spot  companies that are just trying to piggy back “e-commerce”.  Ryan is the  real deal.  As you will hear in this interview, he has already achieved  monster e-commerce success with the likes of Boeing, Daimler and the  Lakers basketball team on over 100 health and wellness products.

The best part for MOTA shareholders?  Ryan is highly motivated to  continue with his successful ways because Unified Funding can earn an  additional $15 MILLION if First Class CBD achieves sales of $62  MILLION.  In my experience, companies don’t put bonuses into contracts  unless they both believe there is a reasonable belief they can be  achieved. Will he hit $62M?  Or fall short at the other 2 milestones of  $52M and $42M?

Watch this interview and you be the judge.  Either way, MOTA  shareholders should get their popcorn ready because Ryan has already  proven he’s leading MOTA into the Cannabis 2.0 phase.  Success is  already here, now its just a question of how high MOTA will fly.

Watch this interview and share it with every investor you know!