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Emblem Corp EMMBF

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."


OTCPK:EMMBF - Post by User

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Post by Crosby087on Apr 27, 2018 11:45am
102 Views
Post# 27950400

Great Results For EMC

Great Results For EMC

Impressive results by Emblem.  2017 revenues of  C$2.69 million versus C$277,000 in 2016 an increase of 873%. More importantly, looking ahead Emblem said that in the first quarter of 2018 the company had already generated record revenues of C$1.2 million and increased the patient count by roughly 3,300 patients. We are definetly on the right track ... signed an agreement to become a medical cannabis supplier to Shoppers Drug Mart Inc, entered into a 3-year preferred supplier agreement with Fire & Flower Inc., a company it invested in as well, and addition to those items, Emblem raised C$53.8 million. in equity and debt financings. The company has a cash balance of approximately $80 million available to support its growth plans for 2018.

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