Gilla Inc. reported earnings results for the second quarter ended June 30, 2017. For the quarter, the company generated $1,266,026 in revenue through sales of proprietary E-liquid and other vaping products as compared to $1,243,539 in revenue during the three months ended March 31, 2017; a stable quarter- over-quarter result given the challenges caused by a temporary slowdown in EU sales resulting from excess, non-compliant-TPD inventory that flooded the EU market ahead of the end of the sell-through period. Net loss amounted to $2,632,969 as compared to a net loss of $898,268 in first quarter of 2017. The quarter-over-quarter increase was mainly attributable to a stock option issuance expense of $1,213,605 and an amortization of debt discount expense of $505,998 resulting from the conversion of convertible debentures during the quarter. Net of these one-time expenses, the second quarter of 2017 net loss amounted to $913,366.