Month: October 2020

Grown Rogue International Inc. (CSE: GRIN / OTC: GRUSF) Q3 Revenue up 17% YoY, Inline with Expectations

Grown Rogue International Inc. (CSE: GRIN / OTC: GRUSF) Q3 Revenue up 17% YoY, Inline with Expectations

Oct 23, 2020 | , ,

In Q3-2020, the company reported $904k in revenue (in line with our expectations), an increase of 17% YoY, and a decrease of 23% QoQ. EBITDA also showed a similar trend, improving YoY, but declining QoQ. The Bay City indoor production facility in Michigan (acquisition expected to be completed by Q2-2021) received its first Class-C adult-use (recreational) cannabis production license in August 2020. Recreational cannabis prices were 30% higher than medical in September.

Read More
AgraFlora Organics International Inc. (CSE: AGRA / FRA: PU31 / OTCPK: AGFAF) Q2 Revenue up 25% QoQ; Sale from harvest expected in Q1 2021

AgraFlora Organics International Inc. (CSE: AGRA / FRA: PU31 / OTCPK: AGFAF) Q2 Revenue up 25% QoQ; Sale from harvest expected in Q1 2021

Oct 23, 2020 | , ,

In Q2-2020, AgraFlora Organics International Inc. reported a 25% QoQ increase in revenue to $0.46 million. Farmako (wholly-owned German medical cannabis distributor) continues to be the source of revenue, while the other divisions await licenses. We are lowering our 2020 revenue forecast as we were expecting sales from the Delta and Winnipeg facilities to commence in 2020. Management currently estimates sales to commence in Q1-2021.

Read More
Tartisan Nickel Corp. (CSE:TN / OTC: TTSRF) Nickel Sulphide Deposit in Ontario / Trading at 10% of Historic NPV Estimate – Initiating Coverage

Tartisan Nickel Corp. (CSE:TN / OTC: TTSRF) Nickel Sulphide Deposit in Ontario / Trading at 10% of Historic NPV Estimate – Initiating Coverage

Oct 21, 2020 | , ,

Tartisan Nickel Corp. is developing its 100% owned advanced stage Kenbridge nickel-copper-cobalt deposit in northwest Ontario. The company also holds a 100% interest in two exploration stage polymetallic projects (Peru and Ontario), and investments in three publicly listed juniors currently valued at $7M.

Read More