Bhang (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, today released its financial and operating results for the third quarter ending September 30, 2019. Among the highlights, the company reported revenues of $1,285,746 for Q3 2019 and $4,042,162 for the nine months ending September 30, 2019, which represented significant increases of 368% and 463% over the same periods for the prior year. According to the update, Bhang is now expressly focused on rationalizing its current assets, driving efficiencies through cost and overhead reductions and improving execution on its existing product portfolio to position the Company on a strong path to profitability.
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About Bhang
Bhang is committed to delivering exceptional sensory experiences to consumers at every point in their cannabis journey through its award-winning portfolio of brands. Bhang is a trusted global cannabis company with an extensive portfolio of over 100 cannabis, hemp-derived CBD and terpene products, including chocolates, pre-rolls, gums, and beverages through its wholly-owned Red Ace Organics division, among others. Since 2010, Bhang has mastered the art of harnessing mutually-beneficial partnerships to bring safe, consistent and delicious products to the world. Learn more at www.BhangNation.com and purchase the company’s award-winning hemp-derived CBD products at www.BhangCBD.com.
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