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Experion Holdings Ltd. EXPFF

Experion Holdings Ltd. is the parent company of Experion Biotechnologies Inc., a Health Canada licensed cultivator and processor of Cannabis, based in Mission, BC; and EFX Laboratories Inc., a medical products production and clinical research company based in Calgary, AB. Experion Holdings Ltd. is invested in a portfolio of products to address a wide spectrum of consumer needs' including Medical, Adult-use, and Wellness and Therapeutic products.


GREY:EXPFF - Post by User

Comment by theshadow39on Mar 15, 2019 9:32pm
92 Views
Post# 29494641

RE:WOW ANNUAL STATEMENTS

RE:WOW ANNUAL STATEMENTSWeed study. 

Thanks for informing us the financials are available on sedar, here is a little snip, please everyone read the full version for yourself.  You are right, will be awesome to see what they can do with a little expansion and once they get out of the “start up” phase. 

And they really barely had their sales license, promising start !

The production cost of sales includes direct costs of $690,086, resulting in a gross profit before fair value adjustments of $81,852. The Company recognized an unrealized gain on change of fair value of biological assets of $142,620 which is the amount of cannabis plants at fair value less costs to sell up to the point of harvest during the period, resulting in a gross profit of $224,472.
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