Emblem Corp. reported earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported revenues of CAD 2.261 million against CAD 593,000 a year ago. Operating loss was CAD 4.152 million against CAD 2.724 million year ago. Adjusted LBITDA was CAD 2.886 million against CAD 1.924 million a year ago. The increase in Revenue was a result of the commencement of oil sales during December 2017 and the launch of the adult-use recreational market in the third quarter of 2018. Net loss and comprehensive loss was CAD 10.848 million against CAD 2.812 million a year ago. For the nine months, the company reported revenues of CAD 5.046 million against CAD 2.035 million a year ago. Operating loss was CAD 11.375 million against CAD 8.099 million year ago. Adjusted LBITDA was CAD 8.362 million against CAD 5.869 million a year ago. The company’s Adjusted EBITDA decreased by CAD 962,000 and CAD 2,493,000 during the three and nine months ended September 30, 2018, when compared with the three and nine months ended September 30, 2017, mainly due to higher operating expenses during the current periods. Net loss and comprehensive loss was CAD 19.480 million against CAD 8.262 million a year ago.