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Two Rivers Water & Farming Co  (TURV)
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    Sector  Consumer Non Cyclical    Industry Agricultural Production
 
 

Two Rivers Water & Farming Co's Customers Performance

TURV


 
TURV's Source of Revenues


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Two Rivers Water & Farming Co's Customers have recorded an advance in their cost of revenue by 2.08 % in the 4 quarter 2017 year on year, sequentially costs of revenue grew by 5.6 %, for the same period Two Rivers Water & Farming Co

List of TURV Customers




   
Customers Net Income fell in Q4 by Customers Net margin fell to %
-58.89 % 0.72 %
   



Two Rivers Water & Farming Co's Customers, Q4 2017 Revenue Growth By Industry
Customers in Chemical Manufacturing Industry      9.85 %
Customers in Chemicals - Plastics & Rubber Industry -34.83 %   
Customers in Nonalcoholic Beverages Industry      21.85 %
Customers in Agricultural Production Industry -0.03 %   
Customers in Food Processing Industry -2.7 %   
Customers in Tobacco Industry      0.72 %
Customers in Oil & Gas Integrated Operations Industry -71.4 %   
     
• Customers Valuation • Segment Rev. Growth • Segment Inc. Growth • Customers Mgmt. Effect.


Two Rivers Water & Farming Co's Comment on Sales, Marketing and Customers


The produce industry, like many other industries, is built on relationships that take place over time and involve a great deal of trust. Our produce relationships were built exactly this way; DFP marketing relationships go back 20 years. Contracts are negotiated on a yearly basis before planting begins. At the beginning of the year, we reach out to our vendors to see what their needs are going to be for that year and plant to their needs. Once it is planted, the contract has been finalized with the agreed upon amount and price. About 20% of the produce we grow does not have a contract, and will be sold to other vendors who contact us for product.

We also have a network of growers that grow produce for us. Once our produce contracts are finalized, and our planting schedule for the year is complete, we reach out to our growers to ask them to plant the remaining crops we need. As people in the area become aware of our operation, they are signing up to grow for us.

Leasing

GrowCo’s subsidiary GrowCo Parnters 1, LLC leases a greenhouse and warehouse to Suncanna, LLC pursuant to a lease agreement dated April 1, 2015. The lease agreement is classified as an operating lease because it does not meet any of the four criteria listed in subsection 25-1 of ASC 840-10-25,“Lease Classification Criteria”.

On February 25, 2016, RH Group, LLC, a newly formed entity of which the Chief Executive Officer of Two Rivers and GrowCo, John McKowen, holds a 60% membership interest, entered into a definitive agreement to purchase all of the equity interests of Suncanna from the previous owner.



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