Bespoke Extracts, Inc. Reports Earnings Results for the Third Quarter Ended May 31, 2021
August 17, 2021 at 03:33 pm EDT
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Bespoke Extracts, Inc. announced earnings results for the third quarter ended May 31, 2021. For the third quarter, the company announced sales was USD 10,117. Operating loss was USD 299,571 compared to USD 3.212 million a year ago. Net loss was USD 299,571 compared to USD 3.454 million a year ago. For the nine months, sales was USD 21,684 compared to USD 1,739 a year ago. Operating loss was USD 805,848 compared to USD 3.928 million a year ago. Net loss was USD 805,848 compared to USD 4.553 million a year ago.
Bespoke Extracts, Inc. operates in the regulated cannabis markets in the United States. The Company owns, manufactures, and distributes a portfolio of cannabis consumer packaged goods brands including Fresh Joints, Box-O-Joints, and Wee Joints, to licensed marijuana dispensaries across Colorado. Through its wholly owned subsidiary, Bespoke Extracts Colorado, LLC, the Company operates Wonderleaf LLC (WonderLeaf), a marijuana-infused products production facility in Aurora, Colorado. The Company manufactures a range of premium pre-rolled joints. The Company has offered cannabis products focusing on two primary categories: Branded Products and Processing Business. It plans to pursue production of brands of pre-rolled joints and other processed marijuana products under newly created brand names. It also plans to explore licensing existing brands from other states and producing them in Colorado.