Lifestyle-oriented cannabis company Green
Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Wednesday reported its
results for the fourth quarter and full year ended June 30, 2019. Among other
highlights, GGBXF reported total revenue for fiscal 2019 of $15.7 million, as
well as a 29% quarter-over-quarter increase in revenue for the three-month
period ended June 30, 2019. The company is hosting a conference call and audio
webcast today, October 24th at 8:30 AM ET featuring GGBXF CEO Peter Horvath and
CFO Brian Logan. To join the call, dial (+1) 416 764 8609 for the local Toronto
line, (+1) 778 383 7417 for the local Vancouver line, or (+1) 888 390 0605 for
the North American toll-free line and use the conference ID 66844833. A replay
will be accessible on the company’s investor
relations website following the call. “In a short-time we have built a
pathway to open up to 47 dispensaries in three key states and established the
first, best and only vertical CBD distribution network in the country,” Green
Growth Brands CEO Peter Horvath stated in the news release. “This foundation
leverages our strengths of creating brands consumers love, building innovative
product assortments and operating and growing retail at scale, quarter after
quarter.”
For more information regarding the growth and trajectory of
GGBXF, visit http://ibn.fm/XYJQs
To view the full press release, visit http://ibn.fm/iyPQu
About Green Growth Brands
Green Growth Brands creates remarkable experiences in
cannabis and CBD. Led by CEO Peter Horvath and a leadership team of
consumer-focused retail experts, the company’s brands include CAMP, Seventh
Sense Botanical Therapy, The+Source, Green Lily, and Meri + Jayne. The company
also has a licensing agreement with the Greg Norman(TM) Brand to develop a line
of CBD-infused personal care products designed for active wellness. Already
driving the strongest sales per square feet in the cannabis industry, GGB is
expanding its cannabis operations throughout the U.S. its CBD presence at
ShopSeventhSense.com, in malls across the country, at DSW and Abercrombie &
Fitch stores—and that’s just the beginning. For more information, visit the
company’s website at www.GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to GGBXF are available in the company’s newsroom at http://ibn.fm/GGBXF
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment