Mettrum Announces Fourth Quarter and Full Fiscal Year 2015 Financial Results

Current Registered Client Count Increased to 3,000 Fiscal 2015 Financial Highlights: - Revenues for the first full year of operations totaled $3,058,711 - Grams sold for the first full year of operations totaled 418,372 grams - Gross Margin at 42.4 percent Q4 2015 versus Q3 2015 Financial Highlights: - Revenues increase approximately 23 percent to $847,690 - Grams sold increase by 22 percent to 115,065 grams - Gross Margin at 60.5 percent

TORONTO, ONTARIO--(Marketwired - June 25, 2015) - Mettrum Health Corp. ("Mettrum" or the "Company") (TSX VENTURE:MT)(TSX VENTURE:MT.WT), a vertically integrated agri-pharmaceutical company focused on research, development, production and distribution of Health Canada licensed cannabis products, announced today its fourth quarter and full year financial results for the period ended March 31, 2015.

For the year ended March 31, 2015, Mettrum revenues increased to $3,058,711 on 418,372 grams of medical cannabis sold. Average selling price per

...
Rate this article: 
Region: 

This marijuana news is brought to you by 420 Intel. For the latest breaking cannabis industry news, subscribe to the 420 Intel newsletter. If you'd like to promote your product or service in this area after every article, contact us.


URL: 
http://marijuanaindex.com/industry-news-item