The Valens Company Reports Financial Results for the Third Quarter of Fiscal 2020

KELOWNA, BC, Oct. 14, 2020 /CNW/ – The Valens Company Inc.  (TSX: VLNS) (OTCQX: VLNCF) (the “Company,” “The Valens Company” or “Valens”), a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products, is pleased to report its third quarter financial results for the period ended August 31, 2020. Key Financial Highlights Net revenue for the third quarter of 2020 was $18.1 million, aContinue reading “The Valens Company Reports Financial Results for the Third Quarter of Fiscal 2020”

HEXO Corp. reports third quarter fiscal 2020 financial results; Net Revenue Up 30% to $22.1 Million, Improved Operational Performance

Key Operating Highlights Gross Revenue increased 30% to $30.9M from $23.8M in Q2 Net Revenue increased 30% to $22.1M from $17.0M in Q2 Adult-use grams and gram equivalents sold increased 42% to 9,338 kg compared to Q2 Gross Margins increased to 40% Operating expenses decreased to $26.8M Closed $46M public offering to enhance liquidity AdjustedContinue reading “HEXO Corp. reports third quarter fiscal 2020 financial results; Net Revenue Up 30% to $22.1 Million, Improved Operational Performance”

Sundial Reports First Quarter 2020 Financial Results

CALGARY, May 15, 2020 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (“Sundial” or the “Company”) reported its financial and operational results for first quarter 2020 ended March 31, 2020. First quarter 2020 financial and operational highlights Strategic shift away from “Heal, Help and Play” strategy to concentrate on Canadian recreational cannabis with a focus on inhalable products. ContinuedContinue reading “Sundial Reports First Quarter 2020 Financial Results”

Inner Spirit Holdings Announces Year-End 2019 Financial Results

Country’s largest retail cannabis brand network opening 48th Spiritleaf store location this week with more than 30 additional stores projected by end of the year CALGARY, May 13, 2020 /CNW/ – Inner Spirit Holdings Ltd. (“Inner Spirit” or the “Company“) (CSE:ISH), a Canadian company that has established a national network of Spiritleaf retail cannabis stores, today announcedContinue reading “Inner Spirit Holdings Announces Year-End 2019 Financial Results”