New Cannabis Ventures Released its Public Cannabis Company Revenue Tracker Provides Updates through December 4th.
The Public Cannabis Company Revenue Tracker, managed by New Cannabis Ventures, ranks the top revenue-producing cannabis stocks that generate industry sales of more than $2.5m per quarter. This data-driven, fact-based tracker will continually update based on new filings so that readers can stay up to date. Companies must file with the SEC or SEDAR to be considered for inclusion.
Sixteen companies currently qualify for inclusion, with seven filing in U.S dollars and nine in the Canadian currency. We have updated the Canadian list to add Isodiol International (CSE: ISOL) (OTC: ISOLF), which markets CBD derived from industrial hemp and reported sales in its FY18-Q2 of C$5.06mm. Additionally, MPX Bioceutical (CSE: MPX) (OTC: MPXEF) reported sales of C$4.41mm in its FY18-Q2, with all of its revenue generated in its Arizona operations. Canadian licensed producer CannTrust (CSE: TRST) (OTC: CNTTF) reported sales for Q3 of $C$6.14mm, representing 680% growth from the same quarter in 2016.