Inactive Instrument

Indigenous Bloom Hemp Corp. Canadian Securities Exchange

VRT

CA45569M1095

Indigenous Bloom Hemp Corp. Reports Earnings Results for the First Quarter Ended August 31, 2022

December 04, 2022

Indigenous Bloom Hemp Corp. reported earnings results for the first quarter ended August 31, 2022. For the first quarter, the company reported net loss was CAD 0.10885 million compared to net income of CAD 6.03 million a year ago.

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Company Profile

Indigenous Bloom Hemp Corporation is a Canada-based company, which produce and sell hemp extracts. The Company operates a large scale industrial hemp farm in southern Manitoba on approximately 200 acres of zoned farmland. The primary business of the Company is the sale of hemp biomass and flower (Hemp), Phyto cannabinoid rich (PCR) extracts derived from hemp biomass (Hemp Extracts). The Company is in the process of developing, through acquisition and construction, Hemp Products for general consumer end-use. It has two primary products which it plans to sell and is in the process of expanding its product line. The Companyâs primary product to date is Hemp Biomass, which is sold pre-processed to customers and partners who process the biomass into Hemp Extracts. The Company has cultivated approximately 100,000 kilograms of Hemp Biomass.

Sector

Pharmaceuticals

Calendar

2024-04-30 - Q3 2024 Earnings Release (Projected)

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