Quarter Four 2019- High-lighted Goodies Mr. Grieve added, "We continue to make substantial progress toward achieving our planned licensed annual production capacity of 143,200 kg. By the end of 2019, we expect to have 111,200 kg of capacity licensed or submitted for licensing. In addition, we resolved our packaging challenges in September of 2019. As a result, October provincial recreational shipments increased by 93% to 830 kg versus 430 kg in September of 2019, and primary dried flower packaging output per day increased by 101% to an average of 10,636 units per day in October 2019 versus 5,282 units per day in September 2019. Over the first 10 days of November, this figure increased to an average of 18,099 units per day."
"I am pleased to say that Zenabis shipped more product in the first half of the fourth quarter of 2019 than was shipped during the entirety of the third quarter. We believe this reflects consumer appreciation for our high-quality, high-value products, and market appreciation for our ability to compete with the illicit market on price with our value brand, Re-up."
Cash on hand increased from $17.0 million as at December 31, 2018, to $27.9 million as at September 30, 2019.
rights offering to holders of its common shares that is intended to raise up to $20.8 million
url=https://web.tmxmoney.com/article.php?newsid=5354769748091921&qm_symbol=ZENA][/url]