Elixinol Wellness Limited (ASX: EXL / OTC: ELLXF) – Ramping Up Revenue While Slashing Costs
Highlights In 2022, revenue fell 24% YoY to $7.1M, but beat our estimate by 8%. Revenue declined...
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Cannabis
Elixinol Wellness Ltd. (ASX: EXL / OTC: ELLXF) – Expanding Globally with a Leading Australian CBD Brand – Initiating Coverage
Highlights This company develops and sells hemp-derived CBD nutraceutical, cosmetic, and food...
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OMID Holdings Inc. (OTC PINK: OMID) – U.S. House to Vote on Legalization This Week: FINAL REPORT
Highlights The U.S. House of Representatives announced plans to vote on the MORE Act this week;...
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Ayurcann Holdings Corp. (CSE: AYUR / OTCQB: AYURF / FSE: 3ZQ0) – Strong Q2 / Expecting a Shift in Sector Sentiment – FINAL REPORT
Highlights In Q2-FY2022 (quarter ended December 2021), this company reported $3.2M in revenue, up...
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Halo Collective Inc. (NEO: HALO / OTCQX: HCANF / GERMANY: A9KN) – Entering the Growing Functional Beverage Market
Highlights Q3 revenue increased 28% YoY, but declined 4% QoQ, and fell well below our expectations...
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Kiaro Holdings Corp. (TSXV: KO) – A Strong M&A Target
Highlights Q3-2022 (quarter ended October 2021) revenue was up 44% YoY, driven by store expansion...
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THC BioMed Intl Ltd. (CSE: THC / OTC: THCBF / FSE: TFHC) – Ramping Up Sales of 2.0 Products / Trading at a 43% Discount
Highlights Generated $1.14M in revenue in Q1-FY2022 (quarter ended October 31, 2021), up 83% YoY,...
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Ayurcann Holdings Corp.(CSE: AYUR / OTCQB: CDCLF / FSE: 3ZQ0) – Expecting a Stronger Q2 Despite Lower Product Pricing
Highlights In Q1-FY2022 (quarter ended September 30, 2021), AYUR reported $1.9M in revenue, up...
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Chalice Brands Ltd. (CSE: CHAL / OTCQB: CHALF) Record Q3 / Trading at a Steep Discount
Highlights Q3 revenue was $8M (in line with our expectations), up 29% YoY, and 16% QoQ due to the...
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Delta 9 Cannabis Inc.(TSX: DN / OTCQX: DLTNF)-Trading at a 47% Discount – FINAL REPORT
Highlights Reported Q3 revenue of $15.2M, up 16% YoY, but down 9% QoQ due to weaker revenue from...
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