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MTL Cannabis Corp C.MTLC

Alternate Symbol(s):  MTLNF

MTL Cannabis Corp., formerly Canada House Cannabis Group Inc., is a Canada-based company, which is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. It uses hydroponic growing methodologies supported by handcrafted techniques to produce products that are crafted for the masses. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis. Its subsidiaries include Montreal Medical Cannabis Inc., Abba Medix Corp., IsoCanMed Inc. and Canada House Clinics Inc. Montreal Medical Cannabis Inc. is a licensed producer and operates from a 57,000 square feet (sq ft) licensed indoor growing facility in Pointe Claire, Quebec. Abba Medix Corp. is a licensed producer in Pickering, Ontario that operates a medical cannabis marketplace. IsoCanMed Inc. is a licensed producer in Louiseville, Quebec growing indoor cannabis in its 64,000 sq. ft. production facility. Canada House Clinics Inc. provides clinics across Canada.


CSE:MTLC - Post by User

Post by Gmoney$on Dec 29, 2020 12:32pm
118 Views
Post# 32191857

Revenue is increasing substantially

Revenue is increasing substantially Revenue for the three and six months ending October 31, 2020 was $2,263,000 and $4,790,000 an increase of $972,000 and $2,209,000 or 75% and 86% compared to $1,291,000 and $2,581,000 for the same periods in the prior year.

Also...

Net cash used in operating activities for the six months ending October 31, 2020 was $2,688 compared to $2,810 for the same period in the prior year.

So where is this huge burn you guys keep talking about? 
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