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Zenabis receives Malta license for medical cannabis production Zenabis Global’s Maltese joint venture ZenPharm obtains Maltese licence to produce cannabis for medicinal and research purposes, 15 May 2021, 12:52pm by Matthew Vella ZenPharm is the second licencee to be given the go-ahead to a medical cannabis licence in Malta Zenabis Global’s Maltese joint venture ZenPharm has received its Maltese licence to produce cannabis for medicinal and research purposes, after a two-year process by the Malta Medicines Authority. The receipt of the Medicinal Cannabis License follows on the earlier European Union Good Manufacturing Practices certification issued by Malta Medicines Authority in January 2021. ....
/CNW/ - Zenabis Global Inc. (TSX: ZENA) ("Zenabis" or the "Company") announces today that its Maltese joint venture, ZenPharm Limited ("ZenPharm"), has. ....
Zenabis Global Inc. s (TSX:ZENA) Maltese joint venture, ZenPharm Limited, was given the green light to produce cannabis for medicinal and research purposes in the Mediterranean island country. The license issued by the Malta Medicines Authority comes on the heels of receipt of the European Union Good Manufacturing Practices certification, which was issued by the same regulatory body in February. The Canadian cannabis producer is now set to import in bulk from its facility in Atholville. ZenPharm already inked a supply deal with a customer in Germany to provide a minimum volume of 500 kg per year. In addition, ZenPharm agreed to accept shipments of up to 300kg from the Atholville-based facility through year-end. ....
Canadian cannabis company, Zenabis Global Inc. (TSX: ZENA) (OTC:ZBISF) released Wednesday its fourth-quarter and full-year financial results with full-year revenue of $59.3 million. Full-Year Highlights Consolidated net revenue jumped 95% from the prior year. Consolidated adjusted EBITDA came in positive, at $3.5 million, which compares to an adjusted EBITDA loss of $38.7 million in 2019. Consolidated net loss amounted to $70.5 million or 13 cents per share, compared to $127.0 million or 53 cents per share in the prior year. The gross margin before fair value changes to biological assets and inventories was $24.8 million or 41.8% of net revenue, versus $13.7 million or 44.9% of net revenue in 2019. Fourth-Quarter Highlights Quarterly consolidated net revenue was $15.9 million, up by 50% from $10.6 million in the fourth quarter of 2019. ....
Zenabis Reports YOY Revenue Growth, Positive Adjusted EBITDA Benzinga 3 days ago Canadian cannabis company, Zenabis Global Inc. (TSX: ZENA) (OTC: ZBISF) released Wednesday its fourth-quarter and full-year financial results with full-year revenue of $59.3 million. Popular Searches Full-Year Highlights Consolidated net revenue jumped 95% from the prior year. Consolidated adjusted EBITDA came in positive, at $3.5 million, which compares to an adjusted EBITDA loss of $38.7 million in 2019. Consolidated net loss amounted to $70.5 million or 13 cents per share, compared to $127.0 million or 53 cents per share in the prior year. The gross margin before fair value changes to biological assets and inventories was $24.8 million or 41.8% of net revenue, versus $13.7 million or 44.9% of net revenue in 2019. ....