Global science-led, consumer, health-care company Geyser
Brands (TSX.V: GYSR) is continuing to achieve its strategic goals. An
article discussing the company reads, “Financial statements for the three
months ended June 30, 2019, show Geyser Brands reporting revenues of $79,434,
representing an 81% gross profit margin. . . . ‘We have begun to operationalize
our manufacturing and processing capabilities, generating our first revenues
during Q1. We are continuing to explore new brand opportunities and develop our
manufacturing capacity to position the company for rapid expansion as our
remaining Health Canada licenses get awarded,’ CEO Andreas Thatcher stated in a
news release (http://ibn.fm/XdjCI).
‘I am excited about the many opportunities that have been presented to us for
producing and distributing hemp-based products on a global basis. We look
forward to delivering additional, high-margin revenue streams once our R&D
and sales licensing are in place.’”
To view the full article, visit http://ibn.fm/gL0ty
About Geyser Brands Inc.
Geyser Brand builds health-based, hemp-CBD consumer products
in the nutraceutical, cosmetics, food & beverage and pet sectors worldwide.
Geyser Brands owns a Health Canada-approved Licensed Producer (“LP”) in Port
Coquitlam, British Columbia, that holds cultivation and processing licenses.
The company is also anticipating its R&D and sales licenses. Geyser Brands
will utilize its GMP-licensed facilities in British Columbia for the
manufacturing and international distribution of its hemp and CBD-based
products. For more information, visit the company’s website at www.GeyserBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to GYSR are available in the company’s newsroom at http://ibn.fm/GYSR
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