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MTL Cannabis Corp C.MTLC

Alternate Symbol(s):  MTLNF

MTL Cannabis Corp. is focused on crafting cannabis products, including lines of dried flower, pre-rolls and hash marketed. The Company, through its subsidiaries, is engaged in the cultivation and production of cannabis products for recreational and medical purposes in Canada. It also operates clinics that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from medical conditions. Its wholly owned subsidiaries include Montreal Medical Cannabis Inc. (Montreal Cannabis), Abba Medix Corp. (Abba), Canada House Clinics Inc. (CHC), and IsoCanMed Inc. (ICM). Montreal Medical is a licensed producer operating from a 57,000 sq ft licensed indoor growing facility in Pointe Claire, Quebec. Abba is a licensed producer in Pickering, Ontario that operates a medical cannabis marketplace. CHC is operating clinics across Canada. ICM is a licensed producer in Louiseville, Quebec growing indoor cannabis in its 64,000 sq. ft. production facility.


CSE:MTLC - Post by User

Bullboard Posts
Comment by Drweedmdon Aug 28, 2018 9:48pm
53 Views
Post# 28533034

RE:Financials...

RE:Financials... major step in the right direction no question about it... will be buying any dip

All amounts are stated in thousands of Canadian dollars.

Compared to the 12 months ending April 30, 2017:

  • Cash position was $8,953 compared to $729 as at April 30, 2017
  • Working capital was $6,670 compared to a working capital deficiency in the prior year of ($1,046)
  • Shareholder’s equity was a surplus of $6,064 compared to a working deficiency of ($1,209)
  • Net cash provided by financing activities was $14,873 compared to $4,256 in the prior year
  • Loss and Comprehensive loss for the year was $12,917, an improvement of $1,536 compared to a loss of $14,453 in the prior year
Bullboard Posts