Flower One Announces Preliminary Q3 2020 Revenue of $11.5 Million, Exceeding Guidance for the Quarter

LAS VEGAS and TORONTO, Oct. 13, 2020 /CNW/ – Flower One Holdings Inc. (the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator, producer and innovator in Nevada, today announced preliminary third quarter revenue of $11.5 million surpassing its Q3 2020 revenue guidance range of between $9.8 million and $10.8 million.  The Company continues to expect its Q3 2020 gross margin to be inContinue reading “Flower One Announces Preliminary Q3 2020 Revenue of $11.5 Million, Exceeding Guidance for the Quarter”

Meta Growth Announces Fiscal Third Quarter 2020 Financial and Operational Results

SIGNIFICANT IMPROVEMENT IN QUARTER OVER QUARTER GROSS PROFIT AND OPERATING LOSS Highlights: Divestiture of Non-Core Medicinal Cannabis Assets: Results in META being a pure-play recreational cannabis retailer with a portfolio of greater than 30 operating stores across Canada. Progress in Ontario Roll-Out: Subsequent to the end of its third quarter, META completed the acquisition of a recreational cannabisContinue reading “Meta Growth Announces Fiscal Third Quarter 2020 Financial and Operational Results”

Organigram Reports Third Quarter Fiscal 2020 Results

Net revenue of $18.0 million compared to $24.8 million in Q3 2019 Generated positive cash flow from operations of $8.5 million as a result of monetization and optimization of working capital and ended the quarter with cash and short-term investments of $44.8 million Subsequent to quarter-end, raised $17.9 million in gross proceeds to complete theContinue reading “Organigram Reports Third Quarter Fiscal 2020 Results”