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New Leaf Ventures Inc NLVVF


Primary Symbol: C.NLV

New Leaf Ventures Inc. is a Canada-based company. The Company operates through New Leaf USA Inc. (New Leaf USA) and its subsidiaries. New Leaf USA Entities provides consulting services, real property, intellectual property and equipment for lease and enhanced ancillary services to New Leaf Enterprises, Inc. (the License Holder), a tier three licensed cannabis processors focused on industrial-scale processing, packaging, marketing and distributing cannabis and cannabis related products. The Company also owns High Profile Holdings Corp., which is a British Columbia cannabis company with two wholly owned subsidiaries, High Profile Cannabis Corp and Urban Canna Inc.


CSE:NLV - Post by User

Post by Jordantrademarkon Nov 24, 2020 12:03pm
827 Views
Post# 31961144

42% increase in quarterly revenue

42% increase in quarterly revenue
In financial news, the Company is pleased to announce unaudited Q3 financial results for New Leaf Enterprises (the license holder), which demonstrated continued earnings growth from operations. These results included an increase in revenues of 18.22% from Q1 to Q2 and 20.19% from Q2 to Q3. Overall, the license holder has achieved a 42.10% increase in quarterly revenues since the beginning of the year.
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