Hill Street Reports FY 2021 Third Quarter Results and Provides Update on Operations
Hill Street Beverage Company Inc. reported its third quarter results for the period ended March 31, 2021. A complete set of financial statements and Management’s Discussion & Analysis has been filed at All dollar figures are quoted in Canadian dollars. The third quarter of FY21 saw continued momentum for the Company as it demonstrated progress toward its ambition to pioneer the unique space where craft consumer …
Hill Street Beverage Company Inc. (TSXV: BEER) (“Hill Street” or the “Company”) reported its third quarter results for the period ended March 31, 2021. A complete set of financial statements and Management’s Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars.
Hill Street Beverage Company Inc.: Hill Street Reports FY 2021 Third Quarter Results and Provides Update on Operations
Hill Street or the
Company ) reported its third quarter results for the period ended March 31, 2021. A complete set of financial statements and Management s Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars.
The third quarter of FY21 saw continued momentum for the Company as it demonstrated progress toward its ambition to pioneer the unique space where craft consumer products meet bioscience, combining deep CPG expertise and the rights to use Lexaria Bioscience Corp. s ground-breaking DehydraTECH patent portfolio.
Hill Street Beverage Company Inc.: Hill Street Expands Board Level Talent
Hill Street or the
Company ) is pleased to announce that it has made changes to its board of directors and has formed new board observer roles.
Hill Street is pleased to further announce in conjunction with the recently finalized capital raise, the appointment of Mr. Frank Vizcarra to its board, effective immediately. I am excited to be joining the Hill Street Board at a pivotal time, as this next stage of development is all about leveraging their world-class assets and focusing on disciplined execution to bring their plans to life on a global scale, said Mr. Vizcarra.
Hill Street Beverage Company Inc.: Hill Street Announces Pipeline Fill of New Cannabis Infused Beverage (V)ia Regal Pink Grape Sparkler to The Ontario Cannabis Store
Hill Street Beverage Company Inc.
(TSXV: BEER) (
Company ) today announces the launch of its first Cannabis-infused beverage, (V)ia RegalTM Pink Grape Sparkler; formerly announced as (V)ia SPRIZA. This product will be marketed under the Company s wholly-owned subsidiary,
Hill Avenue Cannabis Company.
Molecule Holdings Inc. (
Molecule )
(CSE: MLCL). Molecule has committed to a pipeline fill to the OCS, shipping to the distribution centre by March 25, 2021. The OCS anticipates issuing further follow-up purchase orders, one and two weeks after launch.
Hill Street Beverage Company Inc.: Hill Street Reports FY 2021 Second Quarter Results and Provides Update on Operations
Hill Street Beverage Company Inc.
(TSXV: BEER)
( Hill Street or the
Company ) reported its second quarter results for the period ended December 31, 2020. A complete set of financial statements and Management s Discussion & Analysis has been filed at www.sedar.com. All dollar figures are quoted in Canadian dollars.
The second quarter of FY21, saw continued momentum for the Company despite ongoing pandemic related challenges. Net revenue grew 8% to $745,748 from $689,276 versus the same quarter year ago. The Company also saw significant improvement on its bottom line, reducing its net loss by 50% from ($.956) million to ($.481) million, year over year for the quarter, as a result of improved gross margin and cost management efforts. On December 9, 2020, the company announced the closing of the acquisition of substantially all of the assets of Lexaria Canphar