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Focusing On Innovative Product Lines Bears Fruit For This Cannabis Co In Q2
Wednesday, August 30, 2023 - 10:06am | 522Hempsana Holdings Ltd. announced on Tuesday financial results for the three and six-month period ended June 30, 2023, revealing second-quarter net revenues of CA$422,170 ($310,609), representing a 16% sequential increase. During the first half of fiscal 2023, the company generated CA$786,001 in net...
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Hempsana Q1 Revenue Stagnates YoY, What About Net Loss?
Friday, June 23, 2023 - 9:29am | 453Hempsana Holdings Ltd. announced first quarter financial results for the three-month period ended March 31, 2023, revealing net revenue of CA$363,831 ($275,425), an increase of 2.5% compared to CA$354,855 in Q1 2022. Q1 2023 Financial Highlights Gross profit was CA$182,911 an increase of 4%...
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Hempsana Revenue Grows 728% YoY, What About Net Loss?
Monday, November 28, 2022 - 10:05am | 422Hempsana Holdings Ltd. Q3 2022 revenues were CA$251,631, ($187,000) a 728% increase compared to CA$30,364 in Q3 2021. Q3 2022 Financial Highlights Gross profit was CA$69,498 and gross margins were 27.6% compared to gross profit of CA$30,053 and gross margin of 98% in Q3 2021. Net loss and...
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Hempsana Net Loss Grew 156.36% To $4.23M In 2021, First Year With Revenue
Tuesday, April 26, 2022 - 5:53pm | 452Hempsana Holdings Ltd. announced fourth quarter and annual financial results for the twelve-month period ended December 31, 2021. Financial Highlights Revenues were $114,715 for fiscal 2021, the first year the company had revenues. Revenues for Q4 2021 were $84,351, compared to $30,364 in Q3...
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Hempsana And GAMA Sign Agreement To Bring Caviar Gold To Canada And International Markets
Monday, April 11, 2022 - 10:04pm | 380Hempsana Holdings Ltd., and GAMA Corp signed a contract manufacturing agreement with Caviar Gold brand to bring the original infused pre-roll cones and moon rocks to the Canadian and international markets for both the recreational and medical market. “We are extremely excited to team up with...
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Hempsana Teams Up With GAMA To Launch New Cannabis Product Offerings And Brands
Monday, March 28, 2022 - 10:37am | 286Hempsana Holdings Ltd. has entered into a contract manufacturing agreement with GAMA Corp to co-manufacture and distribute new products and brands from the United States to the Canadian and International Markets for both recreational and medicinal use. Under the terms of the agreement, GAMA will...
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Hempsana Partners With 6Pak Solutions And NaturalSci Regulatory Consulting
Monday, March 21, 2022 - 11:14am | 301Hempsana Holdings Ltd. entered into a trilateral partnership with NaturalSci Regulatory Consulting Corp. and 6Pak Solutions Inc. This partnership will provide full turnkey solutions to brands and licensed producers looking to launch cannabis products into the Canadian market and help them navigate...
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Hempsana Signs Letter Of Intent To Enter Barbados And Caribbean Cannabis Market
Thursday, March 17, 2022 - 12:55pm | 269Hempsana Holdings Ltd. has entered into a non-binding letter of intent with Dreamdos Therapeutics Inc. to supply its premium medical cannabis products. Dreamdos is applying for its license to sell, distribute and import medical cannabis products in the Barbados market. Hempsana expects to ship its...
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Hempsana Holdings Receives Health Canada's Approval To Sell Medical Cannabis Directly To Patients Across Canada
Thursday, February 24, 2022 - 9:30am | 245Hempsana Holdings Ltd. has received its medical sales license from Health Canada which provides the company the ability to sell cannabis products directly to medical patients across Canada. On February 4, 2022, the company received the amendment to their sales license marking another important...
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Hempsana Teams Up With Feel Ventures To Launch Ufeelu CBD Product Line In Canada
Monday, January 10, 2022 - 12:28pm | 284Hempsana Holdings Ltd. said Monday that it has entered into a custom manufacturing agreement with Feel Ventures Inc. to launch their first products from their ufeelu branded line of products. What Happened Under the deal, Hempsana agreed to manufacture their best-selling SKUs that target non-...