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Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.


GREY:IVITF - Post by User

Post by frankmanon Jan 07, 2020 9:38am
147 Views
Post# 30525363

G&A and labor costs were reduced 17% year over year

G&A and labor costs were reduced 17% year over year"Decrease in general and administrative expense by 17% is primarily due to staff reductions associated with restructuring and decrease in management and professional fees at corporate head office." From MD&A on sedar

General and administrative expense October 31, 2019  [l]  $ 6,337,881 

                                                            October 31, 2018      $ 7,672,153
Down 17 percent
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