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Orchid Ventures Announces the PurGuard Vape Software Platform With Age Verification to Limit Vape Usage by Minors
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Orchid Ventures, Inc.: Orchid Ventures Announces Financial Results for Period Ended March 31, 2021
/ ORCHID VENTURES, INC. (CSE:ORCD; OTC:ORVRD) (the
Company or
Orchid ) is pleased to announce its third quarter ( Q3 2021 ) financial results for the period ended March 31, 2021. All amounts expressed are in United States dollars.
Nine Months Ended March 31, 2021
Nine Months Ended March 31, 2020
Variance
$(994,357)
-77%
Financial statements are prepared in accordance with International Financial Reporting Standards (IFRS). Detailed information regarding the Company s financial results as well as management s discussion and analysis can be found on its SEDAR profile at https://sedar.com/ and https://ir.orchidessentials.com/.
Management Commentary
Orchid Ventures Announces Financial Results for Period Ended March 31, 2021
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On Monday,
Tilray, Inc. (NASDAQ:TLRY) and
Aphria, Inc. (NASDAQ:APHA) closed their merger after months of negotiations, creating a company with a combined market cap of $3.3 billion. Benzinga spoke with
Irwin Simon, CEO of the new combined company.
Check out the video below:
Following the merger, Jefferies upgraded the rating for Tilray from Underperform to Buy, while raising the price target from $4.77 to $23.
Jazz Pharmaceuticals (NASDAQ:JAZZ) finalized its acquisition of
GW Pharmaceuticals plc. (NASDAQ:GWPH), the producer of the FDA‑approved prescription cannabidiol drug Epidiolex, for $7.2 billion or $6.7 billion net of GW Pharma s cash.
Meanwhile,
Ascend Wellness Holdings (CSE:AAWH) started trading on the Canadian Securities exchange following a raise of approximately $80 million through an initial public offering of roughly 10 million shares of its Class A common stock at $8 per share.
Orchid Ventures Announces Licensing Agreement With Vertically Integrated Gold Flora
ACCESSWIRE
VANCOUVER, BC / ACCESSWIRE / May 4, 2021 / Orchid Ventures, Inc. (the
Company or
Orchid ) (CSE:ORCD)(OTC PINK:ORVRD) announces it has entered an exclusive licensing agreement with Gold Flora, a vertically integrated California company with operations in cannabis cultivation, manufacturing, distribution, delivery, and retail.
• Gold Flora will be assuming all production, sales, and distribution of Orchid Essentials products throughout the state of California.
• Gold Flora will also be purchasing all hardware, packaging, and terpenes through PurTec Delivery Systems, a wholly owned subsidiary of the Company.
Rick Brown, President of Orchid Ventures, expressed his confidence in the move: We are excited to announce that Gold Flora has licensed the Orchid Essentials brand in the state of California. Gold Flora is a fully integrated cannabis company that is highly respected in the
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