RE:Few key Highlights Very decent I sez.
Klein also mentioned positive EBITDA in the new few months. I was half listening when he said that so waiting for the transcipt to verify.
"Cash Position : Cash and Short-term Investments amounted to
$1.722 billion at
September 30, 2020 , representing a decrease of
$254 million from
$1.976 billion at
March 31, 2020 reflecting the EBITDA loss and capital investments."
Still $1.7+ Billion in the piggy bank. Still lots of cash left.
US Election plus positive vaccine trial news are a welcome upward sp trend.
DSEEGS wrote: Share-based Compensation expenses decreased 76% over Q2 2020.
Market share of value flower sold in Ontario more than doubled to 13.7%.
BioSteel signed distribution agreements with leading beverage distribution companies, Reyes Beer Division and Manhattan Beer, alongside several other partnerships through Constellation Brands' distribution network. These distribution agreements will bring BioSteel's ready-to-drink, electrolyte-packed sports hydration beverages to consumers, covering 100% of the US market through direct-store-delivery (DSD) network by early 2021.
BioSteel is currently in discussion with a number of large national accounts and expects to have products on shelf across Food/Drug/Mass as well as Convenience & Gas channel over the course of calendar year 2021.
Storz & Bickel (S&B) vaporizer products continued to see strong growth driven by both distribution gains and reorders from new US distributors. We have added an additional shift to keep up with demand and plan to triple production capacity by next summer.
S&B vaporizer revenue in Q2 2021 increased 100% over Q2 2020,