Icanic Brands Announces Financial Results for Period Ended January 31, 2021: California Cannabis Operations Drive 65% Increase in Revenue From Last Year – StreetInsider.com

Icanic Brands Announces Financial Results for Period Ended January 31, 2021: California Cannabis Operations Drive 65% Increase in Revenue From Last Year <!– –>

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 4/6/2021

April 6, 2021 7:30 AM EDT
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Revenue of CAD$2.8 million – an increase of 65% from CAD$1.7 million for the same time last yearGross margin increases to 41% vs 16% last year same timeAdjusted EBITDA of CAD$92,481Financial results are not inclusive of the current in-progress move to the Concord, CA facility, which is more than double the size, as well as the 2nd automated pre-roll machine which is expected to arrive in 2021 Calendar Q2.

VANCOUVER, British Columbia, April 06, 2021 (GLOBE NEWSWIRE) — Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), a multi-state brand operator of premium Cannabis brands in California and Nevada, today reports its

Read More Here...

Share on facebook
Share on twitter
Share on reddit
Share on pinterest
Share on email

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top