2021.04.14 20:08 Sensitive-Sympathy-8 OCRD Orchid Ventures Net profitable US Cannabis company that no one is talking about
OCRD Orchid Ventures Net profitable US Cannabis company that no one is talking about. Keep in mind they only have a $20 million market cap OTC:ORVRF
The math adds up to one hell of an opportunity imo.
Their last financials operating results of fiscal 2020 ...
Total revenues were $1.95 million, a 169% increase from the same quarter in 2020. The increase was attributed to the Company's launch of its wholly owned subsidiary PurTec Delivery Systems and new revenue generated from that business, despite the manufacturing slow downs due to the COVID-19 pandemic.
Gross profit was $1.07 million, compared to a loss of $(194,720) during Q1 2020. The increase in gross margin from the prior year is due to the Company's direct focus on executing their new business strategy, which is starting to gain traction as it enhances their ability to drive revenue outside of direct cannabis touching operations that inherently provide lower margins. Instead, the company is focusing on offering innovative products and services to the Cannabis industry that deliver higher margins. Orchid's strategic shift is outlined in the "Growth Strategy" section of the MD&A.
Expenses including non-cash items in Q1 2021 were $975,748, a significant reduction compared to $1.9 million during Q1 2020. This change over prior year represents managements' commitment to reducing expenses in all areas, including management and consultant fees, plus wages and benefits. Moving forward, management intends to remain focused on delivering sustained profitability.
Ya their cash position was low since their last reported financials but since then they have raised $4.2 million cash.
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2021.04.14 20:08 Revolutionary_Dig_27 Struggling with Jinhao Shark's Converter
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2021.04.14 20:08 SomeoneFromGalar Our body keep our organs in place so they don't fall to our pelvic area by gravity.
2021.04.14 20:08 murderously-funny The fate of the Dwemer
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2021.04.14 20:08 SemmBall My Love Letter To Pokémon - A video where I tell some stories and reminisce about my love for Pokémon. Hope you relate and enjoy :)
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2021.04.14 20:08 sercialinho [Jared Dubin] The Mavericks Bet Big On Kristaps Porziņģis. It’s Paying Off On Offense, But What About Defense?
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2021.04.14 20:08 Cute_University9492 Let's help prospective students understand Holy Cross' campus culture!
If you are a current student at Holy Cross, fill out the survey at the link below to help prospective highschool students learn about Holy Cross' campus culture prior to applying.
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2021.04.14 20:08 Branch-Only Places that don’t ID
2021.04.14 20:08 yoifox1 Which animal out of these you like the most?
2021.04.14 20:08 Paindaisy0769 NH: open island
2021.04.14 20:08 North-Soft-5559 Could $160 - $165 be the new area for Max Pain on Friday with over 42million PUTS currently OTM? If the Shorts have anything left it will be all out War tomorrow, on the day the recall is possibly announced.
2021.04.14 20:08 glodeine Found this on an old thread and thought it was funny
2021.04.14 20:08 swarajpatil69 (i made) caramel custard thingy
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2021.04.14 20:08 JIVEprinting kirby irl (x-post from r/kirby_irl)
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2021.04.14 20:08 mattungo Me acaban de explicar lo de Samus y llegué a la conclusión de que es momento de que Dirk y Tonterías den un paso al costado.
La verdad, está moderación toma decisiones sin la consulta popular, no explican nada, e interpretan las reglas como les gusta.
Defendí a Dirk y Tonterías porque su moderación me parecía buena pero esto llegó al límite, pueden y deben ser sustituidos.
Parecen Putin o Evo perpetuandose en el poder.
Hacen lo que quieren e ignoran las constantes quejas de sus usuarios, se olvidaron que están para servir a la comunidad y ser útiles, pero si toda la comunidad te odia y cree que debes salir porque tú moderación es pésima, entonces debes de acatar a las peticiones de la comunidad.
Samus le dió ban a un usuario de la comunidad conocido como Rebanho, ese usuario troll, tóxico y desagradable.
Un usuario que tengo bloqueado por acoso, burlas e incitar al odio.
Si a Samus le retiraron el poder por hacer justicia entonces la moderación es una tiranía y cuando la tiranía es ley, la revolución es orden.
Vamos camaradas, hay que tumbar a esta cúpula de poder que tiene al pueblo viviendo en la injusticia.
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2021.04.14 20:08 Narrow-Analysis What helps the vasoconstrition that is otc?
2021.04.14 20:08 betsar991 Wanting job for Clicklist—
I have been wanting to work for Kroger for over 2 years now. Both my brother and I have applied over 3 times each to work in one close to us.
Why is it so hard to get a job here? Can someone please give me tips to get a job working Clicklist??
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2021.04.14 20:08 Far-Claim-3565 Landorus Raid Interested?
2021.04.14 20:08 Soap_Mctavish101 Invest in Thobbe Englund taking his sweet time
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2021.04.14 20:08 Duh_Lymphomie Small scale solar camping
Im new to the solar energy world and I am big into camping, would a 7 Wat Thunderbolt solar panel from harbor freight work for overnight charging of my phone and some other small electronics?
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2021.04.14 20:08 IN_A_ICE_CAMP Do women deserve rights?
2021.04.14 20:08 MiniNinja_2 Tricking people to make me rich in Hardware tycoon
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2021.04.14 20:08 ryder906 i was told about this facebook group by my husband ahhaha!! I love it! Garfield has been the light of our lives for years! Thanks garfield i know we all love you!!! here is a correspondence betwwen my grandson gregory and u about the funny cat we all lovw!! lol
2021.04.14 20:08 earthcomedy Older drinkers risk discrimination says charity, after pub refuses to serve man without smartphone
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