WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF), a federally-licensed producer and distributor of medical-grade cannabis, alongside Pita Pit Canada, a privately-owned Canadian fast casual franchise eatery with over 600 stores worldwide, including over 225 stores in Canada, are pleased to announce the national launch of retail services provider, Pioneer Cannabis Corp..
WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that it has entered into a supply agreement with Manitoba Liquor and Lotteries Corporation (“MBLL”) to supply branded cannabis products to the province’s private cannabis retailers.
Earnings season has been heating up for the cannabis sector and we have been keeping up with these reports on a company-by-company basis. Although these company quarterly reports have showed strong growth when compared to the prior quarter as well as the same quarter last year, price movements have been volatile and to the downside.
Today, we have highlighted 5 company earnings reports from last week and will monitor how other cannabis companies perform this earnings season.
WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to report its financial results for the three and nine months ended September 30, 2018.
Earnings season is heating up in the cannabis sector and this is a trend that investors need to be monitoring.
During the last week, several high-profile Canadian cannabis companies have reported earnings and the response from the market has been mixed. Today, we have highlighted 3 companies that recently reported earnings and believe that there are companies that are worth watching.
Tilray Surges on Earnings
Constellation Brands’ (STZ) $4 billion investment in Canopy Growth (WEED.TO) (CGC) has been a major catalyst for the cannabis sector and we are monitoring how this trend continues.
WeedMD Inc. (TSX-V:WMD) (OTC:WDDMF) (FSE:4WE) is pleased to announce that it has entered into a purchase agreement with the Nova Scotia Liquor Corporation (“NSLC”) to supply its branded cannabis products for the adult-use cannabis market in Nova Scotia.