Ad blocking detected

Thank you for visiting We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Core One Labs Inc. (C:COOL)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEDAR
Company Contact
Address: 820 - 1130 PENDER STREET
1130 Pender St W Suite 820
Tel: N/A
IR: See website
Key People
Casey Fenwick
Joel Shacker
Chief Executive Officer
Geoff Balderson
Chief Financial Officer, Secretary
John Sanderson
Chief Scientific Officer
Business Overview
Core One Labs Inc., formerly Lifestyle Delivery Systems Inc., is a Canada-based cannabis company, which is engaged in manufacturing, marketing and sales of the sublingual cannabinoid delivery product, CannaStrips. The Company has also developed lab extraction and the distillation of cannabinoids. The Company also constructed a genetic nursery to develop cannabis strains. It licenses its technology to a production and packaging facility located in Southern California.
Financial Overview
For the six months ended 30 June 2020, Core One Labs Inc revenues decreased 67% to C$1.3M. Net loss increased 3% to C$2.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Loss (gain) on investment decrease of 81% to C$752K (income), Depreciation increase from C$81K to C$250K (expense), Accounting Fees increase of 68% to C$140K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $55.76M as of Jun 30, 2020
Annual revenue (TTM): $2.52M as of Jun 30, 2020
EBITDA (TTM): -$4.19M as of Jun 30, 2020
Net annual income (TTM): -$21.52M as of Jun 30, 2020
Free cash flow (TTM): -$1.45M as of Jun 30, 2020
Net Debt Last Fiscal Year: $2.05M as of Jun 30, 2020
Shares outstanding: 70,967,507 as of Aug 24, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization