Exzotics, LLC | Application Preview
Exzotics, LLC is seeking government grants to support marketing efforts and establish a storefront. The funding will be used primarily for advertising and launching the business's physical presence.
The business plan includes networking at industry expos and creating an engaging website with multimedia content to showcase their services. As they grow, they intend to leverage social media for targeted advertising.
The rationale for approving the funding highlights the booming U.S. CBD market, projected to exceed $20 billion by 2024, and emphasizes the potential of CBD products to positively impact customers by alleviating anxiety, insomnia, and chronic pain.
Exzotics faces competition from companies like Artisan Vapor & CBD North Willow and Indiana CBD Wellness. However, its competitive advantage lies in its commitment to producing everything in-house while only outsourcing the hemp, ensuring quality control and unique product offerings.
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General Information
Business Registration Number: 874334439
Location: Indianapolis, IN, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I plan to use the funding to market the business with advertising and starting. a storefront for the business.
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Business Plan
To grow the company, Exzotics will do the following: Network at beverage industry, and hemp business expos. Establish a company website that contains engaging multimedia content about our services. As the business grows, advertise in social media that reach our target industries. "Forbes recently reported that the collective U.S. CBD sales market is estimated to surpass $20 billion by 2024". The product can change people lives due to the fact that CBD is known to reduce anxiety, combat insomnia, and can even help treat chronic pain.
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Self Identified Competition
Artisan Vapor & CBD North Willow | Vape | CBD | Delta 8, Indiana CBD Wellness and Vape N Things. Everything is going to be made in house and the hemp is the only thing that is outsourced.
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