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Curaleaf Reports Record Fourth Quarter and Fiscal Year End 2020 Financial and Operational Results
Record Fiscal Year and Fourth Quarter 2020 Pro Forma Revenue(1)(2) of $767.1 Million and $238.8 Million, Respectively
Record Fiscal Year and Fourth Quarter 2020 Managed Revenue(1) of $653.0 Million, up 161% from 2019 and $233.3 Million, up 186% from 2019, Respectively
Record Fiscal Year and Fourth Quarter 2020 Adjusted EBITDA(1) of $144.1 Million up 456% from 2019 and $53.8 Million up 289% from 2019, Respectively, as Operations Across 23 States Continue to Scale
Raised $289.8 Million of Net Proceeds from a Common Stock Offering and Debt Offering in January 2021, Providing the Company with Capital to Pursue Additional Organic and Inorganic Growth Opportunities
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NEW YORK, March 9, 2021 /PRNewswire/ The internet boom in the 1990s, with the genesis of application service providers (ASP), set the stage for the Software-as-a-Service (SaaS) model that now has found its way into nearly every industry. In a SaaS model, providers offer their technology over a set period of time, effectively locking in recurring revenue and a higher profit rather than selling the product outright. Since then, the as-a-Service model has been expanded into new verticals in a global economy now eager to accept the process. Because of large margins, Wall Street typically places high valuations on companies that employ the subscription as-a-Service model, especially when they have solved a problem and established strong market demand. Already disrupting the $500 billion security industry with its fully autonomous security robots,
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VANCOUVER, BC and LAS VEGAS, March 9, 2021 /PRNewswire/ - (CSE: OVAT) (OTCQB: OVATF) – Ovation Science Inc. ( Ovation or the Company ), a topical and transdermal cannabis product development company with a patented skin delivery technology and backed by over twenty years of research and development, reports that sales in January 2021 through its licensee in Nevada outperformed the previous month (December 2020) by over 70%. January sales were also the highest since February 2020. Ovation earns royalty income from these sales. We are thrilled to report that our royalty income for January resulted in the highest increase in the last twelve months. We believe this represents the beginning of a big turnaround in the topical cannabis business since the beginning of the pandemic said Terry Howlett, CEO of Ovation Science. He added, We anticipate sales to continue to grow with the re-opening up of the economy and increased tourism
Women s Day: All-women team takes control of Delhi ATC at IGI Airport ANI | Updated: Mar 08, 2021 13:28 IST It is a very great experience. We feel special to have an all women s team here. The air traffic is increasing day by day post COVID lockdown. All the women are handling the traffic very well. This is a male-dominated job. However, I believe that women are equally capable of handling such stressful air traffic monitoring job, Shilpam Ratan, manager, Air Traffic Control (ATC) told ANI. It is indeed very challenging. But, soon, I believe that it will be a female-dominated job. We got several wishes from several pilots today on the occasion of International Woman s Day, she added.