Tag: Cannabis profits
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![Vext Science (VEXT.C) enters California market and records a COVID-19 era loss of only $1 million]()
Vext Science (VEXT.C) enters California market and records a COVID-19 era loss of only $1 million
If you stop and think about it, the fact that Vext Science (VEXT.C) only lost USD$1 million in Q1 of 2020 is fantastic. Today’s news, of their joint operation with Green Goblin Inc. of San Diego, California, for extraction, distillation and kitchen operations today is only of moderate importance. Granted, it’s the next natural step…
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![CLS Holdings (CLSH.C) completes phase 1 of Las Vegas cannabis facility]()
CLS Holdings (CLSH.C) completes phase 1 of Las Vegas cannabis facility
On December 5, 2019 CLS Holdings (CLSH.C) announced that it has completed the buildout and licensing for phase 1 of its north Las Vegas processing facility. The CLS business model includes licensing, extraction, processing, sale of products, brand creation and consulting services. CLSH has developed a proprietary method of extracting cannabinoids from cannabis plants and…
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Aurora (ACB.T) predicts Q4 $100 million revenue – then the calculator jams
On Aug. 6, 2019 Aurora Cannabis (ACB.T) released “selected financial metrics” for Q4 2019 – which ended June 30, 2019. This gives investors a sneak peek, prior to official audited earnings, at some of the numbers. ACB’s Q4, 2019 Financial Projections: Last quarter Aurora reported $65.1 million net revenue, so the Q4 number is up…
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Aphria (APHA.T) stuns cannabis sector, runs a quarterly profit – up 35%
Just 48 hrs after I posted my ‘can we get some freaking adults into this weed space‘ screed, Aphria (APHA.T) has responded with a quarterly profit. An actual quarterly profit. Let’s be clear: I had nothing to do with that, other than maybe sensing a sector change in thinking that the Aphria folks have embraced,…
