YourWay Cannabis Brands Inc YOURF

Venom Q4 Highlights

[Illusive]

Q4 highlits posted by Agoracom (https://agoracom.com/ir/HollisterBiosciences/forums/discussion/topics/754296-video-hollister-holl-ca-hstrf-reported-record-q4-revenues-of-cad-14-93m-from-370-dispensaries-in-california-and-arizona/messages/2301287#message)

• Record quarterly revenue of CDN$14.93 million and CDN$2.53 million in EBITDA

Venom Extracts is their 100% owned subsidiary that is absolutely dominating the state of Arizona.  More than just lip service:

• Since the closing (Venom), in the three quarters following, Venom contributed approximately CDN$38 million to the company’s 2020 revenue. 
• In the entire year of 2020,
  • Venom generated greater than CDN$ 40 million in revenue (and CDN$ 4.9 million in adjusted EBITDA),
  • Up from CDN$ 16.4 million in 2019 a 144% year over year revenue increase, and ending the year with a record month of sales for December totaling approximately CDN$5.5 million .
• Sold over 4 million grams of product in 2020
  • accounting for up to 30 percent of category sales statewide in Arizona .
• Positioned for continued growth in Arizona with the recently passed adult-use legislation
• Marijuana Business Daily projects that Arizona’s recreational market could generate up to $400 million in revenue its first year and more than $700 million by 2024.
• ….. And it is run by the absolute coolest guy in small cap Cannabis – Jake Cohen