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GTEC Holdings Ltd GGTTF

GTEC Holdings Ltd is a Canada based company. It is pursuing opportunities in the cannabis industry and has the goal to identify and consolidate licensed producers of ultra-premium cannabis under Health Canada's Cannabis Act and Regulations and vertically integrating its operations by pursuing cannabis retail sales where permissible across Canada.


GREY:GGTTF - Post by User

Post by Alexandchoyon Apr 30, 2021 5:38pm
220 Views
Post# 33106270

GTEC Q1 was very solid - here’s what stuck out to me

GTEC Q1 was very solid - here’s what stuck out to me

$GTEC recently announced first quarter fiscal results. Some highlights for me 

  • Launched pre rolls under BLK MKT and Tenzo brands
  • BLK MKTTM Cherry Punch was the #1 selling premium product in Ontario for the month of December
  • Launched medical cannabis commence website 
  • Fully repaid its $2 million Convertible Promissory
  • gross margin(A) percentage increased from 30% to 41%

 

$GTEC sitting at $.79 with strong support. Missed the last run, but won’t miss the next. Loaded up.

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