9-22-2021 SmallCapVoice Interview with (OTC PINK: GHAV)

Grand Havana is a specialty coffee company headquartered in Miami, Florida offering a broad array of coffee products and services. Grand Havana’s Optimum Blend is available nationwide and proudly served in our corporate-owned cafes Grand Havana Cafe, Mobile Coffee Truck, and other locations including universities, supermarkets, cafes, convenience stores, hotels, and online marketplaces. We also offer a b2b solution that provides our coffee product paired with high-quality coffee machines, reliable delivery, and timely technical service. Grand Havana is the consumer’s brand of choice for the best tasting Cuban Style Espresso and services.

Grand Havana owns the Grand Havana Cafes, a casual fast franchise model today is proud to announce a collaboration with Half Moon Empanadas to accelerate and grow the national reach of the Grand Havana brand. With a shared commitment to provide the best quality coffee and empanadas, this alliance will transform, expand, and elevate both companies by providing each other their best products collectively.

As part of the alliance, Half Moon Empanadas will sell Grand Havana® coffee in 10 locations.

Q2 2021 Financial Highlights

 

The Company reported the following financial results for the second quarter of 2021:

  • Second quarter 2021 product sales from our flagship Grand Havana Cafe™ consolidated sales increased more than 69% percent.
  • Second quarter 2021 total revenue increased more than 103% percent.
  • Gross profit margin increased to 69% for the second quarter of 2021, compared sequentially to 65% for the first quarter of 2021 and to 5.17% for the second quarter of 2021.
  • In addition to our revenue increase we are pleased to announce that we have completed all requirements for OTC Markets filings by submitting the 2021 Q2 financial statements, disclosures and legal opinion.

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