Business
The stalwart pot firm is projecting a return to EBITDA-positivity later this year, as it pivots to adult-use sales
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Mugglehead Investment Magazine
Earnings
Business
Taking a recent majority stake in a baby food maker, Neptune joins other pot firms expanding broadly into different CPG categories
Business
But sales for the firm's BioSteel sports drinks and Storz & Bickel vaporizers have been rising
Business
In December, the firm finished a public offering for proceeds of $3.2 million
Business
The firm reported its third-straight quarter of positive adjusted EBITDA
Business
The company will be EBITDA-positive by Q3, CEO says
Business
For better or for worse, the firm's focus appears to be moving further away from cannabis sales
Business
A recent capital raise has boosted the firm's cash position
Business
The company is also making a number of new changes to its top management
Business
While it's now expanded to new markets, almost all of the firm's 2020 sales were in Quebec
