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Pervasip Reports Slight YoY Decrease In Q1 Revenue As It Prepares For Cannabis Spin-Off
Wednesday, April 24, 2024 - 12:46pm | 368Pervasip Corp. (OTCPK: PVSP) announced its 2024 first-quarter financial results on Tuesday. Simultaneously, the Seattle-based company said it's still in the restructuring process and preparation for the spin-out of all of its cannabis assets. "We are entering our final phase of restructuring which...
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This Cannabis And Psychedelics-Focused Company Reports Robust Q3 2023 Financials & Gross Profit Surge
Wednesday, October 18, 2023 - 5:12pm | 431Pervasip Corp. (OTCPK: PVSP) and its subsidiary, Artizen Corporation, disclosed their unaudited financial statements for the third quarter ending August 31, 2023. The company's president and CEO, German Burtscher, emphasized the substantial growth in gross margins and expense reductions in...
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Pervasip's Slurped Nano Cannabis Beverages Expanding Into California Market
Friday, June 30, 2023 - 10:09am | 521Pervasip Corp. (OTCPK:PVSP) is setting up Artizen Nano in Los Angeles, CA for expansion into the California cannabis market and to that extent has signed a letter of intent with MTN Group to enter into definitive agreements by end of July 2023. Artizen Nano will manufacture and distribute its...
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Pervasip To Enter Oregon Recreational Cannabis Market
Thursday, April 20, 2023 - 10:48am | 389Pervasip Corp. (OTCPK:PVSP) and its wholly owned subsidiary, Artizen Corporation, announced its expansion into the Oregon recreational cannabis market. Rather than licensing the Artizen brands to an in-state operator, Artizen is entering the market with a wholly owned subsidiary, Artizen Oregon....
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Pervasip Reports 2022 Revenue Of $15.8M From Artizen Corporation
Wednesday, March 1, 2023 - 10:25am | 454Pervasip Corp. (OTCPK:PVSP) released its unaudited financial statements for its fiscal years ended November 30, 2022, and November 30, 2021. Key Highlights Wholesale sales increased in volume by 65.1% with an additional margin capture of 31.6% based on management’s margin improvement...
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Pervasip Announces Artizen Spin Off
Wednesday, January 18, 2023 - 12:08pm | 471Pervasip Corp. (OTCPK:PVSP) will spin-off 100% of its wholly-owned subsidiary, Artizen Corporation, as a separate public company, with an anticipated record date between July 1, 2023, and September 30, 2023. As a result of the spin-off, all Pervasip shareholders of record as of the designated...