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Maven Brands Inc C.MJ

Alternate Symbol(s):  TRLFF

Maven Brands Inc. is a Canada-based licensed processor serving the burgeoning craft cannabis community in Canada with a full suite of production, processing, and packaging solutions. The Company, through its subsidiary, Maven Cannabis, owns and operates an approximately 19,500 square foot cannabis facility at the 40-acre Monashee Gateway Business Park, situated in the Village of Lumby at the north end of the Okanagan Valley in the Interior of British Columbia, Canada. Its services include Cannabis production, toll-processing and packaging, regulatory support and QA services, supply contracts for co-branded, nation-wide distribution, small scale microbial and analytics services, genetic cleaning, propagation, cloning and bio-banking services and land packages for new micro sites at Monashee Gateway Business Park. It is also engaged in services program to provide seed-to-shelf solutions for cannabis micro-cultivators and small-scale producers across Canada.


CSE:MJ - Post by User

Post by LWillingdon2001on Mar 03, 2020 12:42pm
180 Views
Post# 30761452

enough said

enough said

200 k less revenue (basically $142 per store )
100 k less expense
100 k more comp loss
same loss per share 
no new partner for campuss
no specific plan
time for new CEO? 

Looks like I know what I have to do. Time to find right exit place. So unfortunate. 



Selected Quarterly Results of Operations (Expressed in Canadian dollars unless otherwise indicated)

 

Three Months Ended

Description

December 31, 2019
$

September 30, 2019
$

Revenues

491,040

706,752

Total operating expenditures

(2,175,877)

(2,242,125)

Loss and comprehensive loss for period

(2,010,308)

(1,889,107)

Basic and diluted Loss per share

(0.02)

(0.02)

 

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