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More Partnerships Promised Shortly for CBA to Flank Kona’s Growth

Dear Client:CBA chief Andy Thomas invoked the Cubs historic World Series win in yesterday's Q3 earnings call."If Q3 '16 were a baseball game, and CBA the player, we went 3-4 at plate - with a grand slam, a single, a triple and a double play."The "single" is the +1% GP growth on the back of "far more robust" revs per barrel. The "triple" was their portfolio-wide depletion growth of under 1%, driven by Kona's +18% in the quarter. Andy promised

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