OTCPK:EMMBF - Post by User
Post by
Crosby087on Apr 27, 2018 11:45am
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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.