NetworkNewsBreaks – Chemesis International Inc. (CSE: CSI) (OTCQB: CADMF) (FRA: CWAA) Announces Q1 2020 Financial Results

November 27, 2019 09:37:48

Chemesis International (CSE: CSI) (OTCQB: CADMF) (FRA: CWAA) on Tuesday announced its financial results for the first quarter of 2020 ended September 30, 2019. Among the highlights, Chemesis reported a 279% increase in revenue to C$4.7 million compared to the same period of the prior fiscal year, as well as a 16% increase in revenue from the most recently completed fourth quarter of the prior fiscal year. “The company continues to execute on its strategy by integrating assets, which were acquired during fiscal Q1, 2020,” Chemesis Chief Executive Officer Edgar Montero said in the news release. “Chemesis will continue to leverage the addition of dispensaries, partnerships, brands, and a team with extensive retail experience to further expand and create more efficient operations.”

To view the full press release, visit http://nnw.fm/o5OZw

About Chemesis International Inc.

Chemesis International Inc. is a vertically integrated U.S. Multi-State operator with International operations in Puerto Rico and Colombia. The company focuses on prudent capital allocation to ensure it maintains a first mover advantage as it enters new markets and is committed to differentiate itself by deploying resources in markets with major opportunities. The company operates a portfolio of brands that cater to a wide community of cannabis consumers, with focus on quality and consistency. Chemesis has facilities in both Puerto Rico and California. The company is positioned to win additional licenses in highly competitive merit-based US states and will expand its footprint to ensure it maintains a first mover advantage. For more information, visit the company’s website at www.Chemesis.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

NetworkNewsWire is part of the InvestorBrandNetwork.