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North Bud Farms Inc. (C:NBUD)

Business Focus: Alternative Medicine

Sector:  Healthcare Industry:  Pharmaceuticals
See Regulatory Filings on SEDAR
Company Contact
Address: Brookfield Place, 181 Bay St Suite 4400
Tel: N/A
IR: See website
Key People
Business Overview
North Bud Farms Inc is a Canada-based company engaged in cannabis sector.Through its wholly-owned subsidiary GrowPros MMP Inc, is pursuing a license under the Access to Cannabis for Medical Purposes Regulations (ACMPR). The Company constructs a purpose-built cannabis production facility located on approximately 95 acres of Agricultural Land in Low, Quebec. It is focused on Pharmaceutical and Food Grade cannabinoid production.
Financial Overview
For the nine months ended 31 August 2019, North Bud Farms Inc revenues was not reported. Net loss increased from C$459K to C$1.1M. Higher net loss reflects Travel and promotion increase from C$34K to C$267K (expense), Office increase from C$31K to C$160K (expense), Management and consulting fees increase of 79% to C$262K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.01 to -C$0.02.
Reporting Currency: Canadian Dollars
Enterprise value: N/A
Annual revenue (TTM): $0.00M as of Aug 31, 2019
EBITDA (TTM): -$2.46M as of Aug 31, 2019
Net annual income (TTM): -$2.44M as of Aug 31, 2019
Free cash flow (TTM): -$5.80M as of Aug 31, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 66,180,783 as of Mar 16, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization