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Charlotte's Web Reports 2023 Fourth Quarter and Year-End Financial Results

Retrieved on:

Thursday, March 21, 2024

E-commerce, Spins, Trust, Capital expenditure, Acquisition, Stroke volume, Security (finance), CBD, Bank statement, Adjustment, DTC, IRI, MLB, ID, Web, B2B, Cyber Monday, ACV, Cryptocurrency

During the fourth quarter of 2023, the Company began revamping its eCommerce platform and upgrading its overall technology platform to increase traffic and transform the consumer experience.

Key Points:

During the fourth quarter of 2023, the Company began revamping its eCommerce platform and upgrading its overall technology platform to increase traffic and transform the consumer experience.
Charlotte's Web reported a net loss of $8.5 million, or ($0.06) per share basic and diluted, for the fourth quarter of 2023, an improvement as compared to a net loss of $35.2 million, or ($0.23) per share basic and diluted, for the fourth quarter of 2022.
Adjusted EBITDA1 loss for the fourth quarter of 2023 was $6.5 million, compared to Adjusted EBITDA loss of $5.3 million in the fourth quarter of 2022.
Management will host a conference call to discuss the Company's 2023 fourth quarter and year-end at 11:00 A.M.

Where Food Comes From, Inc. Acquires Upcycled Certified® Program as Reducing Food Waste Through Upcycling Becomes Fastest Growing Consumer Trend

Retrieved on:

Wednesday, December 27, 2023

Upcycled Certified, the world’s first and largest provider of certification for upcycled food, has emerged as a dynamic force that is reshaping the way manufacturers valorize all parts of the food chain and avoid food waste.

Key Points:

Upcycled Certified, the world’s first and largest provider of certification for upcycled food, has emerged as a dynamic force that is reshaping the way manufacturers valorize all parts of the food chain and avoid food waste.
“This acquisition enables Where Food Comes From to meet growing consumer demand for products that contain upcycled food ingredients.
Due to its high profile in the food verification industry, we believe WFCF is the ideal partner to help further our mission to accelerate the upcycled food movement for impact at scale.”
The Upcycled Standard, developed by the Upcycled Food Association, is designed to reduce food waste by promoting the upcycled food economy.
A Future Market Insights report estimates the value of the upcycled food industry to be more than $46 billion and growing.

Stryve Foods, Inc. Provides Preliminary Financial Highlights for Second Quarter 2023 and Announces Reverse Stock Split

Retrieved on:

Thursday, July 13, 2023

Transfer, Exercise, Reverse stock split, Working capital, Shareholder, Class, CPG, Spins, CUSIP, Growth, Common, Security (finance)

PLANO, Texas, July 13, 2023 (GLOBE NEWSWIRE) -- Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announces preliminary results for its second quarter of 2023 including updated retail consumption data and that it will effect a reverse stock split of its outstanding shares of Class A and Class V common stock at a ratio of 1-for-15, to be effective as of 12:01 a.m. Eastern Time on July 14, 2023.

Key Points:

The Company’s stockholders previously approved the Reverse Stock Split at the Company’s Annual Meeting of Stockholders held on June 9, 2023.
The Reverse Stock Split did not impact the number of authorized shares of Class A common stock.
As of July 12, 2023, there were 26,367,185 shares of Class A common stock and 6,080,196 shares of Class V common stock outstanding.
The Reverse Stock Split will not have any effect on the stated par value of the common stock.

Else Nutrition Holdings Inc. to Present at the Life Science Investors Forum on June 22nd

Retrieved on:

Thursday, June 15, 2023

Giant, The Giant Company, Institutional review board, CVS, Loblaws, Amazon (company), Walmart, IRB, Risk, Entrepreneurship, Growth, BABY, Online shopping, Spins, Amazon

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) -- ELSE NUTRITION HOLDINGS INC. ( BABY ) ( BABYF ) ( 0YL.F ) ("Else" or the "Company"), the Plant-Based baby, toddler, and children nutrition company today announced that Hamutal Yitzhak, CEO and Co-Founder of Else, will present live at the Life Science Investors Forum, hosted by VirtualInvestorConferences.com, on June 22nd, 2023.

Key Points:

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) -- ELSE NUTRITION HOLDINGS INC. ( BABY ) ( BABYF ) ( 0YL.F ) ("Else" or the "Company"), the Plant-Based baby, toddler, and children nutrition company today announced that Hamutal Yitzhak, CEO and Co-Founder of Else, will present live at the Life Science Investors Forum, hosted by VirtualInvestorConferences.com, on June 22nd, 2023.
This will be a live, interactive online event where investors are invited to ask the company questions in real time.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
Else products were listed in nearly 12,000 stores in North America, compared with 1,200 stores in 1Q22 reflecting 10 times growth.

Else Nutrition Reports 23% Sequential Revenue Growth in the First Quarter of 2023

Retrieved on:

Monday, May 15, 2023

Management expects to reach 20,000 listed stores and 50,000 points of distribution by the end of 2023.

Key Points:

Management expects to reach 20,000 listed stores and 50,000 points of distribution by the end of 2023.
Retail sales velocity is growing, and as additional products are added to existing accounts, annual revenue per store is improving as well.
Cash balance as of March 30, 2023, was $10.1M CAD, including restricted cash and short-term bank deposit.
Hamutal Yitzhak, CEO of Else Nutrition, commented, “In 1Q23, Else returned to strong sequential growth, after two quarters in which we experienced severe product shortages.

A September Spree of Free at Juicy Stakes Casino!

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Tuesday, September 13, 2022

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Free Spins and Free Bets are the order of the day well, actually the whole week at Juicy Stakes Casino , with 380 spins and $30 worth of bets ready and waiting all players.

Key Points:

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John Murphy, manager of Juicy Stakes Casino, said: Welcome to another week of stunning special offers with hundreds of Free Spins available on six of our biggest and best slots.

Spicely Organics® Transitions to 100% Renewable Energy

Retrieved on:

Thursday, September 1, 2022

CEO, Research, Spice, Environment, Spins, National Organic Program, Renewable energy, Accenture, Organic

FREMONT, Calif., Sept. 1, 2022 /PRNewswire-PRWeb/ -- Spicely Organics®, the better-for-you spice company, today announced it has partnered with East Bay Community Energy - a local public power agency - to transition both of its Fremont facilities to 100% renewable energy from California starting next month.

Key Points:

Spicely Organics, the better-for-you spice company, today announced it has partnered with East Bay Community Energy - a local public power agency - to transition both of its Fremont facilities to 100% renewable energy from California starting next month.
FREMONT, Calif., Sept. 1, 2022 /PRNewswire-PRWeb/ -- Spicely Organics, the better-for-you spice company, today announced it has partnered with East Bay Community Energy - a local public power agency - to transition both of its Fremont facilities to 100% renewable energy from California starting next month.
With a category-leading portfolio of 240+ third-party certified items (USDA Organic, Project Non-GMO Verified, Gluten Free Certified Organization, BeVeg Vegan Certified, Orthodox Union Kosher Certified), Spicely Organics is investing in 100% renewable energy to reduce the brand's environmental impact.
We are proud of this bold move to invest in 100% renewable energy to power a sustainable future," Spicely Organics founder and CEO, Bijan Chansari said.

Plant Based World to Showcase Groundbreaking Products and Expert Speakers

Retrieved on:

Tuesday, August 30, 2022

Retail, Supermarket, Food, Beverage, Compass Group, Exhibition, US Foods, New York City Department of Education, HelloFresh, Kroger, Sysco, PBW, Conference, Spins, Target, Grocery store, Baking, Expo

WHERE: The Jacob K. Javits Center in New York, 655 W 34th St, New York, NY 10001

Key Points:

WHERE: The Jacob K. Javits Center in New York, 655 W 34th St, New York, NY 10001
WHAT: Plant Based World Conference & Expo is the only 100% plant based trade event for foodservice and retail professionals, distributors, investors, and manufacturers.
PBW combines a world-class conference with an exhibition showcasing thousands of innovative plant-based products and brands from around the world.
WHO: Speakers include industry leaders from The Plant Based Foods Association, Target, Wicked Foods, Sodexo Campus, Mintec, Progressive Grocer, Nielsen IQ, Kroger, Spins, PLANTA, Blue Dot Foods, NYC Department of Education, and many more.
In addition to a stellar line-up of speakers and educational sessions, dozens of emerging plant-based brands will debut new products at the Expo.

HempFusion Provides MCTO Update

Retrieved on:

Monday, June 13, 2022

HempFusion Wellness Inc. (TSX:CBD.U) (OTCQB:CBDHF) (FWB:800) (HempFusion or the Company) a leading health and wellness company offering premium probiotic supplements and products containing CBD, provides an update regarding the previously announced management cease trade order (the MCTO) voluntarily requested by the Company and issued by the British Columbia Securities Commission on April 1, 2022 in connection with the Companys annual financial filings (the Annual Financial Filings).

Key Points:

HempFusion Wellness Inc. (TSX:CBD.U) (OTCQB:CBDHF) (FWB:800) (HempFusion or the Company) a leading health and wellness company offering premium probiotic supplements and products containing CBD, provides an update regarding the previously announced management cease trade order (the MCTO) voluntarily requested by the Company and issued by the British Columbia Securities Commission on April 1, 2022 in connection with the Companys annual financial filings (the Annual Financial Filings).
The Company is providing this status update in accordance with National Policy 12-203 - Management Cease Trade Orders (NP 12-203).
The MCTO relates to trading of securities of the Company by the Chief Executive Officer and Chief Financial Officer of the Company.
With a strong focus on research and development, HempFusion Wellness has 43 products under development.

HempFusion Provides MCTO Update

Retrieved on:

Monday, May 30, 2022

HempFusion Wellness Inc. (TSX:CBD.U) (OTCQB:CBDHF) (FWB:800) (HempFusion or the Company), a leading health and wellness company offering premium probiotic supplements and products containing CBD, provides an update regarding the previously announced management cease trade order (the MCTO) voluntarily requested by the Company and issued by the British Columbia Securities Commission on April 1, 2022 in connection with the Companys annual financial filings (the Annual Financial Filings).

Key Points:

HempFusion Wellness Inc. (TSX:CBD.U) (OTCQB:CBDHF) (FWB:800) (HempFusion or the Company), a leading health and wellness company offering premium probiotic supplements and products containing CBD, provides an update regarding the previously announced management cease trade order (the MCTO) voluntarily requested by the Company and issued by the British Columbia Securities Commission on April 1, 2022 in connection with the Companys annual financial filings (the Annual Financial Filings).
Consistent with the last update, the Company's staff and audit team continue to make progress and are proceeding without any known material issue.
The Company is providing this status update in accordance with National Policy 12-203 - Management Cease Trade Orders (NP 12-203).
The MCTO relates to trading of securities of the Company by the Chief Executive Officer and Chief Financial Officer of the Company.