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Delivra Health Brands Inc V.DHB

Alternate Symbol(s):  DHBUF

Delivra Health Brands Inc. is a Canada-based consumer packaged goods company. The Company provides products that help with pain, sleep, anxiety, and performance through its acquired brands LivRelief and Dream Water. It operates a portfolio of brands under its Consumer Division consisting of Dream Products Inc. and its associated subsidiaries, and Delivra Corp. and its associated subsidiaries. Dream Water produces convenient, travel-friendly, single-serving 2.5oz liquid sleep shots, sleep powder packets that consumers can take with or without water and gummies. Its LivRelief brand offers relief for conditions such as joint and muscle pain, nerve pain, varicose veins, wound healing, and sports performance. It has also added three new products to its portfolio of licensed infused products: Transdermal 1:1 Cream- 250mg CBD:250mg THC; Transdermal CBD Cream with Cooling - 500mg CBD, and Extra Strength Transdermal CBD Cream: 1200mg CBD.


TSXV:DHB - Post by User

Bullboard Posts
Post by kijijion Jun 05, 2019 12:30pm
208 Views
Post# 29800157

Gilmer recommends accumulating Harvest One

Gilmer recommends accumulating Harvest OneGlobe and Mail reports in its Tuesday edition that Haywood Securities analyst Neal Gilmer recommends accumulating Harvest One Cannabis at its current level. The Globe's David Leeder writes in the Eye On Equities column that on May 30, the Vancouver-based company posted revenue of $3-million for the quarter, down 19 per cent from the second quarter and missing Mr. Gilmer's $4.8-million projection. As result of its weaker-than-anticipated third quarter results, Mr. Gilmer lowered his share target to $1.25 from $1.30, while maintaining his "buy" call. Analysts on average target the shares at $1.63. Mr. Gilmer says in a note: "The Company reported declining sales quarter-over-quarter, primarily driven by a drop off in its consumer segment and a lack of sales from Satipharm. Revenues from United Greeneries were marginally lower than last quarter as the Company shipped product for extraction, reducing the overall supply of available product. Harvest One reported a disappointing quarter of revenue growth and looks to build off this base with a rebound in the current quarter, its fiscal Q4. We are revising our estimates lower based on the results in Q3/19 and a more conservative approach for subsequent quarters."
Bullboard Posts