Entourage Health Corp V.ENTG

WeedMD Posts Q1 2021 Revenues Of $10.3 Million, Net Loss Of

[AwareInvestor]

WeedMD this morning reported its first quarter 2021 financial results, posting revenues of $10.3 million, along with a net loss of $7.0 million for the period, an improvement on a quarter over quarter basis.

https://thedeepdive.ca/weedmd-posts-q1-2021-revenues-of-10-3-million-net-loss-of-7-0-million/

[Ebankbank]

Well let's hope it continues to get better, with more Luna union employees taking advantage of their health benefits. 

[CannAvenger]

They are still burning cash at an unsustainable rate.  Less than 6 months runway.

[InvestingFool50]

Revenue of $10.3m, cost of goods sold$10m...???????

[Nicksonsnowboar]

Well with the big  run up over lets get back to to normality. 

[shenry24]

Ugh....I can't even believe I'm saying this.... the last thing I feel like doing is justifying their continual disappointments, but I'm hoping they ate a lot of product development costs in the cost of goods sold, as opposed to amortizing them....  they've done a lot of good things recently, that should make a difference.... key word, SHOULD.