Alfonsi

Can B Corp. Reports Growth of 45% to Company All-Time High $6.7 Million Annual Revenue

Retrieved on: 
Wednesday, April 19, 2023

HICKSVILLE, NY, April 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and selling hemp-derived cannabinoid products, today announced the Company's financial results for the twelve months ended December 31, 2022.

Key Points: 
  • Revenue increased 45% to $6.7 million.
  • Adjusted EBITDA loss decreased by 25% to $2.1 million.
  • Accounts receivable at $6.6 million.
  • Total assets at $15.6 million.

Can B Corp. Reports Growth of 51% to $2.9 Million Revenue for Third Quarter 2022, the Highest Quarterly Revenue in Company History

Retrieved on: 
Tuesday, November 22, 2022

HICKSVILLE, NY, Nov. 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B” or the “Company”), a health and wellness company specializing in developing, producing, and selling hemp-derived cannabinoid products, today announced the Company's financial results for the third quarter and nine months ended September 30, 2022.

Key Points: 
  • We generated $2.9 million in quarterly revenue while reducing our cash burn as demonstrated by the 25% decrease in Adjusted EBITDA.
  • It is great to see all the challenging work pay off and result in accelerating revenue growth and a reduction in cash losses.
  • With our proven manufacturing and distribution capabilities, we are now executing major strategic agreements, such as the recently announced deal with Brooke Burke.
  • Can B is now a full-service hemp-derived cannabinoid company that can facilitate servicing large box retailers, boutique vape and smoke stores, and strategic partners.

Can B Corp. Reports First Quarter Revenue Growth of 606% to $1.9 Million, the Highest Quarterly Revenue in Company History

Retrieved on: 
Wednesday, May 18, 2022

HICKSVILLE, NY, May 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Can B Corp. (OTCQB: CANB) (“Can B'' or the “Company”), a health and wellness company specializing in developing, producing, and selling hemp-derived cannabinoid products, today announced the Company's financial results for the first quarter ended March 31, 2022.

Key Points: 
  • Advanced build-out of first CBD lounge in Miami, Florida
    Marco Alfonsi, Can Bs Chief Executive Officer, stated, We are extremely pleased with our tremendous quarterly results, having achieved the highest quarterly revenue in our company history.
  • We generated the $1.9 million in quarterly revenue while reducing our cash burn as demonstrated by the decrease in adjusted EBITDA to $0.9 million.
  • Alfonsi concluded, Can B is now a full-service hemp-derived cannabinoid company that can facilitate servicing the large box types as well as the boutique vape and smoke store.
  • Can B's late 2021 acquired facilities in Colorado will receive harvested hemp biomass and convert it to winterized crude.

Transcend Welcomes Mike Orlick as Vice President of Sales

Retrieved on: 
Tuesday, May 3, 2022

Transcend , the one-stop privacy platform that makes it easy to encode privacy across a companys tech stack, today welcomed Mike Orlick as its Vice President of Sales.

Key Points: 
  • Transcend , the one-stop privacy platform that makes it easy to encode privacy across a companys tech stack, today welcomed Mike Orlick as its Vice President of Sales.
  • View the full release here: https://www.businesswire.com/news/home/20220503005339/en/
    A photo of Mike Orlick, Transcend's new Vice President of Sales.
  • (Photo: Business Wire)
    At Transcend, Mike will lead all sales efforts, accelerating customer adoption for urgent privacy use cases that businesses face worldwide.
  • Founded in 2017 by Ben Brook (CEO) and Mike Farrell (CTO), Transcend is headquartered in San Francisco.

Can B Corp. Discusses 2022 Growth Opportunities and New Partnerships on The Stock Day Podcast

Retrieved on: 
Wednesday, April 20, 2022

CEO of the Company, Marco Alfonsi, joined Stock Day host Everett Jolly.

Key Points: 
  • CEO of the Company, Marco Alfonsi, joined Stock Day host Everett Jolly.
  • "We are now NSF approved which allows us the ability to bid for major drug and grocery chain store business for the first time."
  • Can B utilizes multi-channel distribution to reach consumers, including medical facilities, doctor offices, retailers, online and direct.
  • Can B Corp. operates R&D and production facilities in Lacey, WA, and Florida.

Can B Corp. Discusses Significant Delta-8 and Isomer Capacity Growth with The Stock Day Podcast

Retrieved on: 
Monday, September 27, 2021

Phoenix, Arizona--(Newsfile Corp. - September 27, 2021) - The Stock Day Podcast welcomed Can B Corp. (OTCQB: CANB) (CANB) ("the Company"), a health & wellness company providing the highest quality hemp derived cannabinoid products.

Key Points: 
  • Phoenix, Arizona--(Newsfile Corp. - September 27, 2021) - The Stock Day Podcast welcomed Can B Corp. (OTCQB: CANB) (CANB) ("the Company"), a health & wellness company providing the highest quality hemp derived cannabinoid products.
  • CEO of the Company, Marco Alfonsi, joined Stock Day host Everett Jolly.
  • "We are getting NSF certified, which will give us the ability to do pharmaceutical goods," said Alfonsi.
  • Alfonsi then discussed the significant revenue potential of the Company's hemp division, paired with the potential of their additional divisions.

Metabook Entertainment Inks Two-Book Deal, Acquires Film/Television for Election Satire Presidential Conversations

Retrieved on: 
Thursday, September 10, 2020

Metabook Entertainment announced today its acquisition of Presidential Conversations by George S. Corey.

Key Points: 
  • Metabook Entertainment announced today its acquisition of Presidential Conversations by George S. Corey.
  • George S. Corey has crafted a wonderfully imaginative political satire, said publisher Ken Siman, who acquired worldwide rights to the book for Metabook Entertainment.
  • Founded by Benjamin Alfonsi, Christian Alfonsi and Ken Siman, Metabook Entertainment acquires, develops and licenses original IP across multiple formats.
  • As Metabook Entertainment continues its expansion into film and television development under its Metabook Films banner, the company remains rooted in the power of great storytelling.

Metabook Announces Rebranding as Metabook Entertainment

Retrieved on: 
Tuesday, July 7, 2020

Metabook Inc. today announced its rebranding as Metabook Entertainment, reflecting the companys ongoing expansion into new content areas.

Key Points: 
  • Metabook Inc. today announced its rebranding as Metabook Entertainment, reflecting the companys ongoing expansion into new content areas.
  • Todays announcement reflects the evolution of Metabook from a company focused primarily on the publishing sector to a multi-channel entertainment brand, said Christian Alfonsi, co-founder and chairman of Metabook Entertainment.
  • Founded by Benjamin Alfonsi, Christian Alfonsi and Ken Siman, Metabook Entertainment acquires, develops and licenses original IP across multiple formats.
  • As Metabook Entertainment continues its expansion into film and television development under its Metabook Films banner, the company remains rooted in the power of great storytelling.