Emerald Health Therapeutics Inc EMHTF

Message from the Ceo

[kenster]

Dear Ken,

Welcome to Emerald Health Therapeutics!

As a Canadian-based health and wellness company, we are committed to creating new consumer experiences by harnessing the power of the endocannabinoid system and cannabinoids to develop and deliver consistent, well-differentiated products to medical and recreational consumers.

With an emphasis on cannabis production excellence and product innovation, Emerald has built a platform of distinct operating assets designed to uniquely serve the Canadian marketplace and international opportunities while maintaining a focus on financial growth and strength.
 
Our 42.6%-owned joint venture, Pure Sunfarms (PSF), continues to excel and recently reported third-quarter results with net sales of $24.0M, a 69% gross margin, a 73% EBITDA margin and an all-in production cost at $0.63 per gram based on increased production volume and lower seasonal costs.
 
With our premium Qubec and certified organic British Columbia operations now readying for significant production of distinct high-quality cannabis products, Emerald’s strategy to have multiple complementary operations is maturing and we are transitioning into an effectively- integrated commercial phase of Emerald-produced and branded products.

With key legislative and sector turning points in Canada and on a global scale, it is an exciting time to be part of this important and evolving industry. We believe Emerald is well-positioned to continue carving out a unique role in this transitioning space.
 
On behalf of the Emerald team, I would like to thank you for your interest in our company. We look forward to sharing our news and advancements with you in the months ahead.

Riaz Bandali 
President & Chief Executive Officer 

[bobbybittman]

lol that letter is classic, market bs is gonna have a hayday with this one.  

[Sthlheadr]

Emerald has focused on achieving key milestones to build a unique position in the legal cannabis industry in Canada. The first cornerstone of our strategy - our 42.6%-owned Pure Sunfarms (PSF) joint venture - has quickly become one of the most competitive producers of high-quality, affordably-priced cannabis in Canada, and is shipping into Ontario, British Columbia, and Alberta. Pure Sunfarms

[MarketBS]

The way things are going EMH might be the best bet? imagine, EMH curing corona virus!

[PANDEMICWATCH]

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