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Experion Holdings Ltd. (OTCQB: EXPFF) will report its Q1 2021 financial results after market close on April 28, 2021. A management presentation is scheduled for April 29, 2021, at 10:00 AM PDT, where questions from shareholders are encouraged. The company has granted stock options for the purchase of 500,000 common shares at $0.24 each, vesting after a year and exercisable for five years. Experion is known for its premium cannabis brands, including Citizen Stash, and operates in the cannabis market in Canada.
Experion Holdings Ltd. (TSXV: EXP, OTCQB: EXPFF) will present live at VirtualInvestorConferences.com on April 20, 2021, at 3:30 PM EST. CEO Jarrett Malnarich invites investors and analysts to participate in this interactive session, which will also have an archived version available post-event. Pre-registration is recommended for a smooth experience. Recent highlights include entering the largest Canadian market and expanding product lines in Ontario. For more details and registration, visit Virtual Investor Conferences.
Experion Holdings Ltd. announced that CEO Jarrett Malnarich will present live at VirtualInvestorConferences.com on April 20, 2021, at 3:30 PM EST. This interactive event invites shareholders and investors to engage with the company and ask questions. An archived presentation will be available post-event for those unable to attend live. Recent highlights include product line expansions and a manufacturing agreement. Investors are encouraged to pre-register for the online conference. More information can be found on the official site.
Experion Holdings Ltd. (EXPFF) will report its fiscal year 2020 and Q4 financial results on March 29, 2021, post-market close. The earnings call is scheduled for March 30, 2021, at 10:00 AM PDT, where executives will discuss these results. Shareholders can submit questions ahead of the call to ir@experionwellness.com by March 26, 2021. Experion operates as a licensed cultivator and processor of cannabis in Canada, focusing on a diverse product range including adult-use, wellness, and medical markets.
Experion Holdings Ltd. announced a partnership with The Valens Company for custom pre-roll manufacturing, enhancing its premium cannabis brand, Citizen Stash. This agreement marks Valens' first custom manufacturing deal following a Health Canada license amendment, allowing for the expansion of Experion's product distribution. The two-year partnership will facilitate broader access to Citizen Stash products and potential development of next-generation offerings. The collaboration aims to meet increasing national demand for premium cannabis items.
Experion Holdings Ltd. has announced a 44% increase in its premium product lineup with the Ontario Cannabis Store, boosting its total registered SKUs to thirteen. The company has received four new SKUs for its Citizen Stash brand, including innovative strains like Sundae Driver and FP OG. Citizen Stash has quickly emerged as one of the top 25 suppliers in Ontario, achieving significant revenue with three products in the top seventeen premium flower SKUs. CEO Jarrett Malnarich highlighted the brand's swift rise and future growth potential with the expected introduction of edibles in 2021.
Experion Holdings Ltd. has launched its Citizen Stash cannabis edibles in Ontario, the largest market in Canada. This 5mg THC vegan gummy product adds to their existing lineup of 9 SKUs in Ontario, targeting the C$2.7 billion cannabis 2.0 sector where gummies are preferred. CEO Jarrett Malnarich emphasized the growing demand for quality cannabis alternatives and the company's strategy to leverage the Citizen Stash brand. This expansion is aimed at driving revenue growth within a rapidly evolving market.
Experion Holdings Ltd. announced the closing of a $2,500,000 loan with a Canadian mortgage lender to enhance working capital and inventory purchases. The initial tranche of $1,565,000 was received, supporting the acquisition of premium flower feedstock and processing equipment. The loan has a 19-month term, ending on August 5, 2022, and bears an interest rate of 11% for the first 18 months. Additionally, Experion issued 1,000,000 warrants and 156,250 RSUs to its directors. This funding approach is intended to minimize shareholder dilution.
Experion Holdings Ltd. will participate in a live investor presentation at VirtuallnvestorConferences.com on February 4, 2021, at 4:00 PM EST / 1:00 PM PST. CEO Jarrett Malnarich invites shareholders, investors, and analysts to learn about the company and its premium cannabis brand Citizen Stash. If missed, an archived webcast will be available. Pre-registration is recommended. Experion trades under the symbols EXP (TSXV), EXPFF (OTCQB), and MB31 (Frankfurt).
Experion Holdings Ltd. reported a significant 400% revenue increase for the first three quarters of 2020, compared to the same period in 2019. The company expanded its licensed cultivation space by 20% and processing space by 100%, while also increasing distribution from 2 to 7 provinces. Its premium brand, Citizen Stash, launched new products, including pre-rolls and edible gummies, contributing to its success. Overall expenses decreased by 32%, paving a clearer path to profitability.
