Acquired Sales Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 19, 2020 at 02:56 pm EDT
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Acquired Sales Corp. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 1.267 million. Operating loss was USD 349,030 compared to USD 902,438 a year ago. Net loss was USD 419,313 compared to USD 896,815 a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.35 a year ago. For the half year, sales was USD 1.638 million. Operating loss was USD 2.107 million compared to USD 950,378 a year ago. Net loss was USD 2.179 million compared to USD 941,255 a year ago. Basic loss per share from continuing operations was USD 0.4 compared to USD 0.38 a year ago.
LFTD Partners Inc. is involved in the development, manufacturing and sale of a variety of branded, hemp-derived, psychoactive and alternative lifestyle products, and of products involving nicotine, tobacco and marijuana. Its subsidiary is Lifted Made (Lifted), which manufactures and sells hemp-derived cannabinoids, psychoactive substances and other alternative lifestyle products, including nicotine products under its Urb Finest Flowers (Urb) brand. Products sold by Lifted include disposable vapes and cartridges, gummies, joints, blunts, and products containing ingredients, such as kanna, muscimol, ashwagandha and kava. Lifted sells its products online primarily through its Website: www.urb.shop. Lifted is also a manufacturer and seller of Diamond Supply Co. (www.DiamondSupplyCo.com) and Cali Sweets hemp-derived products. Lifted also manufactures and sells similar hemp-derived products to private label clients. Lifted also owns 4.99% of CBD-infused beverage and products maker, Ablis.
LFTD PARTNERS INC. 
