CannaPharmaRx Completes First Harvests [Yahoo! Finance]
CANNAPHARMARX INC (CPMD)
Company Research
Source: Yahoo! Finance
facilities announced today that it has completed its first five grows and harvests that are ready for sale. Samples of the newer grows have been sent to an independent certified lab for testing, as required. They will verify that the product meets standards for distribution throughout Canada and internationally. We anticipate that this approval is completed in early April, with distribution to previously announced clients beginning shortly thereafter. The company anticipates several grows per year in each of the ten grow rooms, typically taking 8-10 weeks. The sixth grow has now been harvested and is in process of being trimmed and cured. This cycle will continue with harvests being completed every two to three weeks. The annual production capacity of the facility is 6000kg or approximately $18 million in top line revenue, with offtake agreements already in place for most of this product. "Having received our licenses, completed inspections, and grown and harvested our first five
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News
- CannapharmaRx pays off convertible notes [Seeking Alpha]Seeking Alpha
- CannapharmaRx Pays Off Convertible Notes [Yahoo! Finance]Yahoo! Finance
- CannapharmaRx Pays Off Convertible NotesAccesswire
- CannapharmaRx Receives First Purchase Order and Begins Shipment of Product [Yahoo! Finance]Yahoo! Finance
- CannapharmaRx Receives First Purchase Order and Begins Shipment of ProductAccesswire
CPMD
Sec Filings
- 3/27/24 - Form NT
- 2/22/24 - Form 8-K/A
- 2/16/24 - Form 8-K
- CPMD's page on the SEC website