Delivra Health Brands Inc V.DHB

Alternate Symbol(s): DHBUF

Healthcare Cannabis

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.

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Delivra Health Brands Inc

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Comment by CannAvengeron Dec 04, 2019 12:16am

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Post# 30419753

RE:RE:RE:RE:RE:RE:RE:RE:HVT running out of CASH

It's a negative contribution margin business. Please see HVT's segmented financial reports. In 2019, gross margins of ~40%. Direct SG&A $4.2mm + $6.1 mm write down. Negative contribution to earnings of negative $8.5 mm. Q1/20, gross margins of ~20%. Direct SG&A $1.7mm for negative contribution of negative $1.4 mm. Not sure how you are saying that Dreamwater is not a loss???!!! The product may be in a lot of gas stations - but it doesn't matter if the inventory turnover is low.

Face it. Dreamwater is a bust. And so is this company.

Thanos "snap".

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