Company Files Quarterly Report on Financial and Operations Results from the Period Ending June 30, 2020 Summary: - GrowLife experienced revenue growth of 11% quarter-over-quarter in the second quarter of 2020 as compared to the first quarter of 2020, from $1.7M to $1.8M - GrowLife increased its blended gross margins
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GrowLife, Inc. Reports Increase in Quarter-Over-Quarter Revenue and Gross Margins in Q1 2020 Financial Results Filing
Summary: GrowLife experienced revenue growth of 12.8% quarter-over-quarter in first quarter of 2020 as compared to the fourth quarter of 2019, from $1,473k to $1,661k.GrowLife increased its blended gross margins to 39.3% for the period ending March 31, 2020, up from the fourth quarter of 2019 and last year’s overall
Read MoreGrowLife, Inc. Reports 80% Increase in Year-Over-Year Revenue in 2019 Financial Results
Summary: GrowLife experienced revenue growth of 80% year-over-year in 2019 as compared to year end 2018, to $8,218k from $4,573k GrowLife increased gross profit over 444% year-over-year in 2019 as compared to year end 2018, to $2,549k from $468k GrowLife increased profit margin to 31% at year-end 2019 from 10.2%
Read MoreNet Revenue of $66.6 million, excluding provisions of $10.6 million Net Cannabis Revenue, excluding provisions, of $63.2 million, In Line With Recent Guidance Cash Cost to Produce Per Gram Sold of $0.88 Successful Launch of Cannabis 2.0 Products Across Canada Consumer Cannabis Net Revenue, excluding provisions, Grows at 11% Over Prior Quarter NYSE |
Read MoreHemp, Inc. Applauds Research Surrounding the Antiviral Potential of Cannabis Compounds
Las Vegas, NV, March 24, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Hemp, Inc. (OTC PINK: HEMP) a global leader in the industrial hemp industry with bi-coastal processing centers, including the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today that it is supportive of the research
Read MoreCarnival Corporation & plc Reports Summary First Quarter Results
MIAMI (March 19, 2020) - Carnival Corporation & plc (the “Corporation”) (NYSE/LSE: CCL; NYSE: CUK) disclosed summary financial information for the quarter ended February 29, 2020, in connection with previously disclosed financing activities to improve its liquidity position. First Quarter 2020 Summary Information U.S. GAAP net loss of $(781) million,
Read MoreGrowLife CEO Releases Details on CBD Hemp Clone Sales Strategy
Why We Decided to Expand Growlife/EZ Clone Into the CBD-Rich Hemp Clone Business Starting in 2020 The CBD product industry projected to be $24 billion CBD market with 700% growth with a broken link in the supply chainIndustry-wide lack of CBD-rich hemp clones needed to fulfill demand for consumer productsGrowLife to leverage
Read MoreGrowLife Plans to Enter CBD-Rich Hemp Cloning Market, to Start Selling Clones by Next Year
Company Reaches Financing Agreement for $2.5 million, Enabling the Company to Bring Proprietary Hemp Clones to Market Through EZ-CLONE Summary: GrowLife to leverage subsidiary EZ-CLONE expertise by adding CBD-rich hemp clones to product offering, eyeing large market opportunity driven by lack-of-supply of hemp clonesCompany reaches definitive agreement for equity financing
Read MoreGrowLife, Inc. Reports Over $4.4m in Revenue in First Six Months of 2019
Summary GrowLife reports gross revenue of $2 million as compared to revenue of $1.2 million for the same period in 2018, an increase of 82% GrowLife reports gross profit for the six-month period ending on June 30, 2019 of $1.4 million, compared to $187,900 in the same period last year,
Read MoreGrowLife, Inc. EZ-CLONE Pro Commercial Propagation System on Display at The California State Fair
KIRKLAND, Wash. – July 23, 2019 — GrowLife, Inc. (OTC: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced that the Company’s leading commercial cloning and propagation system, the EZ-CLONE Pro, is on display at the California State Fair in
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