TSX-V:PCLO - TSX Venture Exchange - CA71716K1012 - Common Stock - Currency: CAD
Cannabis products company PharmaCielo Ltd. (TSXV: PCLO) (OTC: PCLOF) announced on Monday financial and operational results for the three and nine months ended Sept. 30, 2024. The Toronto-based company said revenue for the third quarter totaled CA$1.3 million ($927,772), up from CA$352,000 in the prior year's period. For the nine months, total revenues reached CA$2.4 million, compared to CA$1.3 million in 2023. "PharmaCielo achieved substantial revenue growth, successfully expanded into new international markets, and continued its focus on reducing costs to improve its operational efficiency," Marc Lustig, chairman and CEO of PharmaCielo, said. "Our strategic position in multiple regions, coupled with an expanding product portfolio beyond CBD isolate, has enhanced our ability to serve diverse international markets and generate increased revenue."
PharmaCielo Q2 2024 financial results: 390% revenue boost, improved net loss and strategic share issuance highlight growth and cost cuts.
PharmaCielo Ltd. (TSXV:PCLO) (OTCPK:PHCEF) has today announced the successful completion of its first commercial export of CBD isolate to Europe. PCLO stock is up 1.58% as a result. Inaugural Shipment PharmaCielo is the ... Read