Bullboard - Stock Discussion Forum CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.

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CannTrust Holdings Inc > Q1 Earnings Release _ HOLL_ make money for once.

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Post by Catmando123 on Jun 01, 2021 1:28pm

Q1 Earnings Release _ HOLL_ make money for once.

First quarter revenue was USD $23.1 million compared to USD $0.95 million in the first quarter of 2020 and up 97% sequentially from USD $11.7 million in the fourth quarter of 2020
First quarter net income was USD $2.0 million compared to a net loss of USD $2.2 million in the first quarter of 2020
Adjusted EBITDA was USD $2.80 million in the first quarter compared to a loss of USD $1.1 million in the first quarter of 2020

VANCOUVER, BC, June 1, 2021 /CNW/ - Hollister Biosciences Inc. (CSE: HOLL) (OTC: HSTRF) (FRANKFURT: HOB) (the "Company", "Hollister Cannabis Co." or "Hollister") a diversified cannabis branding company with products in over 280 dispensaries throughout California, and over 95 dispensaries throughout Arizona, today reported its financial and operating results for the first quarter of 2021. All financial information is presented in U.S. dollars unless otherwise indicated.