Quanta Announces Full Year 2019 Results
QUANTA INC (QNTA)
Company Research
Source: PR Newswire
BURBANK, Calif., April 14, 2020 /PRNewswire/ -- Quanta, Inc. (OTCPK:QNTA), an applied sciences company based on a quantum biology platform that significantly boosts the potency and efficiency of any plant-based matter, today announced that it has filed its 2019 Form 10-k with the Securities and Exchange Commission.2019 Highlights:Revenues increased 463% to $1.3 million, with direct to consumer revenue representing 35% of sales in 2019, compared to 30% in period ended 2018 Raised approximately $2.5 million in growth capital Introduced two new branded products, Quanta Anti-Aging Cream and Quanta Drops Expanded executive team and advisory board with veteran pharma and cosmetics industry leaders Published third-party scientific data supporting significant health and performance benefits of polarized CBD, our lead product platform Named first multi-location grocery store distribution agreement to carry Quanta Muscle RubSubsequent to Year End:Announced commercial agreement to co-brand Quant
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