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Liberty Health Sciences Reports Fiscal Year 2021 Third Quarter Financial Results
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Note: All references to dollar values refer to Canadian dollars unless otherwise stated.
TORONTO, Jan. 29, 2021 /PRNewswire/ - Liberty Health Sciences Inc. (CSE: LHS) (OTCQX: LHSIF) www.libertyhealthsciences.com ( Liberty or the Company ), a provider of high-quality cannabis, announced its financial results for the third quarter ended November 30, 2020. Consolidated net sales for the quarter ended November 30, 2020 were $13,048,315, compared with $16,122,254 for the quarter ended November 30, 2019, and $49,660,046 for the nine months ended November 30, 2020, compared with $32,270,471 for the nine months ended November 30, 2019.
The Company had cash and cash equivalents of $11,251,402 as of November 30, 2020, compared to $24,957,245 as of February 29, 2020. In the quarter ended November 30, 2020, the Company had a net reduction on the balance of its convertibl