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On June 22, 2020, Emerald introduced its new SouvenirTM cannabis brand to the Quebec adult-recreational cannabis market through the Socit Qubcoise du Cannabis (SQDC). The brand offers products grown in Quebec at Emerald's Verdlite facility. Consumer reaction to the Souvenir products has been very strong and the brand has contributed more than $1.5M in sales to date. The initial products included Chemdog and Grapefruit GG4, both high potency THC strains with distinct terpene profiles. EMH.v is
EMH.v has tightened the belt in big ways and the numbers are reflecting the efforts.
Q2-2020 fins Report an adjusted EBITDA of just ($100,000) when including data from it's Pure Sunfarms JV with VFF.to A vast improvement in gross margins along with cuts to SG&A have this gem making great strides toward profitability. EMH.v is on the cusp of breaking into positive territory and just keeps getting closer with each Quarter. A claim most mj's would be hard pressed to make. Q3 - for the win? Very promissing, I'd say.
