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PharmaCielo Q1 2023: Revenue Down 34.2% YoY, CEO Expects Robust Global Sales Of Cannabis Flower In 2023
Monday, May 29, 2023 - 8:48am | 377PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF) the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., today announced financial results for the first quarter ended March 31, 2023...
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PharmaCielo FY 2022 Revenue Grows 173%, What About Adjusted EBITDA?
Monday, May 1, 2023 - 8:44am | 548PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) released financial results for the fourth quarter and year ended December 31, 2022, revealing total revenue of CA$5.3 million ($3.9 million), an increase of 173% compared to CA$1.9 million in FY 2021. FY 2022 Financial Highlights Gross profit of CA$827,...
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PharmaCielo Q3 Revenue Stagnates, What About Adjusted EBITDA?
Monday, October 31, 2022 - 9:13am | 590PharmaCielo Ltd. (TSXV:PCLO) (OTCQX: PCLOF), released financial results for the third quarter ended September 30, 2022, revealing total revenue of CA$475,323 ($348,000), a 2% decrease compared to CA$485,165 in Q3 2021. Q3 Financial Highlights Gross profit was a loss of CA$305,850 compared to a...
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PharmaCielo Ships Dried Cannabis Flower To The Czech Republic, Expanding Its Exports To EU
Thursday, September 15, 2022 - 9:31am | 398PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) has made its first shipment of THC-dominant dried cannabis flower to a customer in the Czech Republic, in the EU market. The customer is an established cannabinoid-focused pharmaceutical distributor and clinical research organization in the country. The...
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PharmaCielo Q2 Revenue Soars 375% YoY, Raises Additional $4.6M In Oversubscribed Debenture Financing
Wednesday, August 31, 2022 - 8:32am | 725PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) Q2 2022 revenue was CA$2.1 million, a 375% increase compared to CA$446,000 in Q2 2021. Q2 2022 Financial Highlights Net loss was CA$3.5 million compared to net loss of CA$7.2 million in Q2 2021. Adjusted EBITDA was a loss of CA$2.1 million compared to...
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These 9 Cannabis Companies Are Leading The Way In Latin America: What Are They Up To And Why Should You Pay Attention?
Thursday, August 18, 2022 - 10:15am | 3073The Benzinga Cannabis Capital Conference in Chicago, September 13-14, will celebrate the most recognized Latin American cannabis companies. This year's attendees will have the opportunity to meet the best Latin American brands in the industry that entered the emerging market and knew how to...
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PharmaCielo Makes First Shipment Of Cannabinoid Products To Mexican Joint Venture Partner
Thursday, August 4, 2022 - 9:51am | 467PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) made its first shipment of cannabinoid products to its Mexican joint venture PharmaCielo S.A. de C.V. ("PharmaCielo Mexico"). The company's joint partner in PharmaCielo Mexico is MINO Labs S.A. de C.V., which is a specialty pharmaceutical...
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Strategic Cannabis Execs Making Changes At Companies You Know: PharmaCielo, Willow Industries, Delta 9 & More
Monday, August 1, 2022 - 9:27am | 838As Benzinga Cannabis Capital Conference returns (September 13-14) to Chicago, gathering top CEOs, investors and leaders in the industry, let's scroll through the latest leadership changes within the space. PharmaCielo Announces New Appointments PharmaCielo Ltd. (TSXV: PCLO) (OTCQX: PCLOF), the...
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PharmaCielo Ships CBD Full Spectrum Oil To A Brazilian Pharmaceutical Company
Monday, June 6, 2022 - 10:11am | 589PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., shipped an initial shipment of a CBD full spectrum extract with THC content to a well-...
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PharmaCielo Q1 Revenue Increases 77.92% YoY, Discusses International Markets
Tuesday, May 31, 2022 - 9:52am | 553PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) Q1 2022 revenue was CA$1.2 million ($947,000) compared to CA$675,000 in Q1 2021, an increase of 77.92%. Q1 Highlights Adjusted EBITDA was a loss of CA$1.57 million compared to a loss of CA$3.3 million in Q 2021 Net Loss was CA$2.91 million compared to...
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PharmaCielo Enters Spanish Market With Initial Shipment Of 300Kg Of CBD Full Spectrum Oil To Extractions Solutions
Tuesday, May 24, 2022 - 11:06am | 469PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) , the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S. has made an initial shipment of CBD full spectrum oil containing THC to Extractions...
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PharmaCielo To Enter Polish Medical Cannabis Market Via Partnership With Soteria Holdings
Friday, May 6, 2022 - 8:37am | 384PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO) parent of PharmaCielo Colombia Holdings S.A.S, has signed an investment agreement with Soteria Holdings Limited. Under the terms of the agreement, Soteria's Polish operating subsidiary will apply for a number of licenses to import and wholesale the...
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PharmaCielo Cuts Net Loss By 39.13% To $20.9M Despite Plummeting Revenues In 2021
Friday, April 29, 2022 - 1:49pm | 588PharmaCielo Ltd. (OTCQX: PCLOF) (TSXV:PCLO), the Canadian parent of Colombia's premier cultivator and producer of dried flower and medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., announced financial results for the fourth quarter and year ended December 31, 2021. 2021...
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Colombia's Flora Growth & PharmaCielo Begin Exporting Dried Flower As New Rules Take Effect
Monday, April 4, 2022 - 9:07am | 745Colombian cannabis companies are now able to export THC and CBD-dried flower. The government's completion of a regulatory checklist will essentially enable such cannabis companies as Flora Growth (NASDAQ: FLGC) and PharmaCielo (TSXV: PCLO) (OTCQX:...
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PharmaCielo Inks First THC Sales Agreement, Will Supply Germany Via Greenstein And NOWEDA
Tuesday, February 15, 2022 - 8:55am | 385PharmaCielo (OTCQX: PCLOF) will start supplying the German market with three THC-dominant products, with commercial shipments expected to begin in late 2022. This is PharmaCielo's first sales agreement related to THC products. It represents a significant milestone related to management...