This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsOrchid Ventures (ORCD) 주식 개요Engages in the design, development, manufacturing, branding, and distribution of cannabis vape products in North America. 자세히 보기ORCD 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성1/6배당0/6위험 분석지난 5년간 매년 수익이 6.9% 감소했습니다.의미 있는 시가총액이 없습니다(CA$1M)마이너스 주주 지분주식은 유동성이 매우 낮습니다+ 위험 2건 추가모든 위험 점검 보기ORCD Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.025해당 없음내재 할인율Est. Revenue$PastFuture-9m4m2016201920222025202620282031Revenue US$1.2mEarnings US$177.8kAdvancedSet Fair ValueView all narrativesOrchid Ventures, Inc. 경쟁사CBD Global SciencesSymbol: CNSX:CBDNMarket cap: CA$2.2mLotus VenturesSymbol: CNSX:JMarket cap: CA$1.2mAvivagenSymbol: TSXV:VIV.HMarket cap: CA$279.7kEastWest BioscienceSymbol: TSXV:EAST.HMarket cap: CA$2.5m가격 이력 및 성과Orchid Ventures 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가CA$0.02552주 최고가CA$0.0952주 최저가CA$0.01베타1.41개월 변동0%3개월 변동n/a1년 변동-72.22%3년 변동-75.00%5년 변동n/aIPO 이후 변동-98.21%최근 뉴스 및 업데이트공시 • Sep 27+ 1 more updateOrchid Ventures, Inc. Announces Resignation of DirectorsOrchid Ventures, Inc. announced the resignation of its President, CFO and director, Richard Brown, and its independent director and Chair of the Audit Committee, Wayne Johnson. The Company announced the resignation of its CFO, President and Director, Richard Brown, effective immediately. The Company also announced the resignation of Director and Chair of the Audit Committee, Wayne Johnson, effective immediately. The Company wishes Mr. Brown and Mr. Johnson success in their future endeavors. Currently, Corey Mangold is the sole Director and Officer of the Company.공시 • Aug 05Orchid Ventures, Inc. announced that it has received CAD 0.074982 million in fundingOn August 4, 2022, Orchid Ventures, Inc. closed the transaction. The transaction included participation from single investor.공시 • Jul 24Orchid Ventures, Inc. Announces Executive ChangesOrchid Ventures Inc. announced it has removed Luke Hemphill as the Chief Product Officer. Luke Hemphill remains employed by the Company but is no longer in the Chief Product Officer position and is no longer an Officer of the Company effective July 1, 2022.Reported Earnings • May 10Third quarter 2022 earnings released: US$0.008 loss per share (vs US$0.039 loss in 3Q 2021)Third quarter 2022 results: US$0.008 loss per share (up from US$0.039 loss in 3Q 2021). Revenue: US$162.6k (down 74% from 3Q 2021). Net loss: US$381.9k (loss narrowed 58% from 3Q 2021).Board Change • Mar 08High number of new directorsIndependent Director Mervyn Simchowitz was the last director to join the board, commencing their role in 2021.Reported Earnings • Feb 13Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.009 loss per share (up from US$0.013 loss in 2Q 2021). Revenue: US$479.0k (down 44% from 2Q 2021). Net loss: US$413.8k (loss widened 46% from 2Q 2021). Revenue was in line with analyst estimates.더 많은 업데이트 보기Recent updates공시 • Sep 27+ 1 more updateOrchid Ventures, Inc. Announces Resignation of DirectorsOrchid Ventures, Inc. announced the resignation of its President, CFO and director, Richard Brown, and its independent director and Chair of the Audit Committee, Wayne Johnson. The Company announced the resignation of its CFO, President and Director, Richard Brown, effective immediately. The Company also announced the resignation of Director and Chair of the Audit Committee, Wayne Johnson, effective immediately. The Company wishes Mr. Brown and Mr. Johnson success in their future endeavors. Currently, Corey Mangold is the sole Director and Officer of the Company.공시 • Aug 05Orchid Ventures, Inc. announced that it has received CAD 0.074982 million in fundingOn August 4, 2022, Orchid Ventures, Inc. closed the transaction. The transaction included participation from single investor.공시 • Jul 24Orchid Ventures, Inc. Announces Executive ChangesOrchid Ventures Inc. announced it has removed Luke Hemphill as the Chief Product Officer. Luke Hemphill remains employed by the Company but is no longer in the Chief Product Officer position and is no longer an Officer of the Company effective July 1, 2022.Reported Earnings • May 10Third quarter 2022 earnings released: US$0.008 loss per share (vs US$0.039 loss in 3Q 2021)Third quarter 2022 results: US$0.008 loss per share (up from US$0.039 loss in 3Q 2021). Revenue: US$162.6k (down 74% from 3Q 2021). Net loss: US$381.9k (loss narrowed 58% from 3Q 2021).Board Change • Mar 08High number of new directorsIndependent Director Mervyn Simchowitz was the last director to join the board, commencing their role in 2021.Reported Earnings • Feb 13Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.009 loss per share (up from US$0.013 loss in 2Q 2021). Revenue: US$479.0k (down 44% from 2Q 2021). Net loss: US$413.8k (loss widened 46% from 2Q 2021). Revenue was in line with analyst estimates.Board Change • Jan 03High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Co-Founder, CEO & Chairman Corey Mangold is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 05Full year 2021 earnings released: US$0.11 loss per share (vs US$0.30 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: US$3.72m (up 157% from FY 2020). Net loss: US$3.13m (loss narrowed 52% from FY 2020).공시 • Sep 10Orchid Ventures, Inc. Launches Proprietary New Technology Platform PurGuardOrchid Ventures, Inc. announces that the Company has launched it's proprietary new technology platform PurGuard, which it believes will have a significant impact on the usage of vape products by minors. Utilizing several key technologies and developing a proprietary software platform, the Company has developed an ecosystem for use in 510 thread cartridges and batteries, POD based systems, as well as disposable vaporizers. A consumer that purchases a PurGuard product, will have to verify their age through a web-based and/or mobile application that pairs with the device via Bluetooth or USB cable. The device also has an auto-lock feature that when the registered user of the device is not near the device, the device can auto-lock, eliminating the possibility of a minor using the device. This technological advancement is believed by the Company to be perhaps the biggest advancement in vaporizer safety technology in over a decade. With PurGuard products, a customer (brand) has the ability to "program" their cartridge, PODs or disposables with information from the lab reports such as brand, logo, strain name, potency, manufacture date and more. This allows users to know exactly what they are consuming when switching from cartridge to cartridge. PurGuard products will be available to cannabis and CBD companies worldwide by Winter 2021. These products will also be unveiled at MJ Biz Con in Las Vegas in mid October 2021.공시 • Jun 03Orchid Ventures, Inc. Announces Purtec Delivery Systems New R1 Technology Pass Emissions Testing with Flying ColorsOrchid Ventures, Inc. announced that the company has completed emissions testing with Enthalpy Analytical for their PurCore R1 510-thread cartridges and disposables. As seen in the reports (provided below), the products came back with flawless results containing no trace elements in the vapor tested against AFNOR standards, the strictest emissions standards set by the European Union. Tested compounds include Arsenic, Cadmium, Chromium, Lead, and Nickel. All PurTec products undergo the most stringent testing including emissions testing, leach testing, and dozens of manufacturing testing protocols to ensure the highest level of consumer safety. PurTec products are one of the only products on the market made entirely with FDA approved materials, ROHS and REACH standard compliant materials, and most importantly 316L medical-grade stainless steel in all heating elements. PurTec products are also free from glues and adhesives, and contain the highest quality ceramic available in vaporizers.Reported Earnings • May 30Third quarter 2021 earnings released: US$0.039 loss per share (vs US$0.013 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$619.6k (down 1.4% from 3Q 2020). Net loss: US$914.3k (loss widened 251% from 3Q 2020).공시 • Apr 03Orchid Ventures, Inc. announced that it has received CAD 4.2095 million in fundingOn April 1, 2021, Orchid Ventures, Inc. (CNSX:ORCD) closed the transaction. The company issued 16,838,000 units for gross proceeds of CAD 4,209,500. The company has paid eligible finders cash commission in the total amount of CAD 276,850 and also issued non-transferrable common share purchase warrants to the finders for the purchase of up to a total of 1,107,400 post consolidation shares. Each finder’s warrant will entitle the holder to purchase one post consolidation share at a price of CAD 0.25 on or before April 1, 2023.공시 • Apr 01Orchid Ventures, Inc. announced that it has received CAD 0.06313 million in fundingOn March 31, 2021, Orchid Ventures, Inc. (CNSX:ORCD) closed the transaction.공시 • Mar 04Orchid Ventures, Inc. announced that it expects to receive CAD 3.75 million in fundingOrchid Ventures, Inc. (CNSX:ORCD) announced a non-brokered private placement of up to 15,000,000 units at a price of CAD $0.25 per unit for gross proceeds of up to CAD 3,750,000 on March 3, 2021. Each Unit will consist of one post-consolidation share and one-half of one transferrable common share purchase warrant. Each warrant will entitle the holder to purchase one additional post-consolidation share at a price of $0.40 for a period of 24 months from the closing of the offering. The Company may pay a finder's fee within the amount permitted by the policies of the CSE. The closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the CSE. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.Reported Earnings • Mar 01Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.037 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$851.8k (up US$808.3k from 2Q 2020). Net loss: US$284.4k (loss narrowed 90% from 2Q 2020).Reported Earnings • Jan 23First quarter 2021 earnings released: EPS US$0.001The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$1.95m (up 137% from 1Q 2020). Net income: US$97.3k (up US$2.16m from 1Q 2020). Profit margin: 5.0% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue.공시 • Jan 17Orchid Ventures, Inc. Announces CFO ChangesOrchid Ventures, Inc. announced that in October 2020, Mathew Lee, the Chief Financial Officer tendered his resignation from the company, due to his desire to pursue other opportunities. His resignation was accepted and is effective January 15, 2021. The company has since filled the CFO role, having recently hired Yousuf Jaffar, FCA who is a Chartered Accountant with thirty years of post qualification experience in corporate finance. He has worked in senior positions in the manufacturing, telecommunication and real estate industries and has vast exposure to business environments in the US, Canada, Europe and Asia. Mr. Jaffar was appointed as CFO effective January 15, 2021.공시 • Nov 27Orchid Ventures Announces its Products Now Carried in Several New Key Retail AccountsOrchid Ventures, Inc. announced that it has launched its products into several new key retail accounts including SDRC in San Diego, High Times Delivery service, Sundial Collective and Redwood Herbal Alliance in Northern California and others. The company's continued sales growth initiatives with Landrace Distribution, Orchid's contract sales agency, have continued to expand into new key retail accounts and further the company's growth into the Northern California and Bay Area markets. Orchid is also set to launch its logistics and wholesale delivery efforts with Filigreen Distribution.공시 • Nov 18Orchid Ventures, Inc. Enters Sales and Distribution agreement with Landrace, LLCOrchid Ventures, Inc. announced the entering of a Sales and Distribution agreement with Landrace, LLC to handle all sales and field activities in the state of California. Orchid is excited to announce it has partnered with Landrace Distribution to handle all field sales support for the California market. The Landrace team is a highly experienced group of sales professionals with years of experience selling into the Cannabis marketplace.공시 • Oct 07Orchid Ventures, Inc. Announces Launch of New Product Lines for PurTec Delivery SystemsOrchid Ventures, Inc. announced that it’s hardware manufacturing subsidiary, PurTec Delivery Systems, has finalized development and testing on two new products; a disposable vape, and the most stringently tested value cartridge in the market. Both products have been through leach testing, which determines if any toxic materials or heavy metals leach into the oil put into the cart, as well as PurTec’s industry leading AFNOR standards emissions testing. An emissions test evaluates the actual vapor exiting the hardware, which is what consumers inhale.공시 • Sep 24Orchid Ventures, Inc. Announces Launch of Three New Product Lines and Expanded Inventory ProductionORCHID VENTURES, INC. announced that it is launching three new product lines in California and Oregon. The Orchid Brands team has been hard at work developing three news lines of vape products as the company has seen a complete rebound in vape sales since the vape scare of 2019. These products have been developed and will be positioned to appeal to different consumer segments. Firstly, there is Orchid Vibes, a value-priced product featuring a newly developed PurTec Summit cartridge and introducing more contemporary terpene profiles like Mimosa and Purple Punch. The company has also improved the Orchid Classic line up, which are mid-tier products featuring their classic Orchid Essential formulations like Jack Herer and Dutch Treat among many other terpene profiles, all available in their best-in-class Orchid hardware. Lastly, the company is introducing Orchid Gold, live resin seasonal craft strains and flavors that rotate throughout the year and are also available in their top-tier Orchid hardware. The new product lines are currently being launched into the Oregon market through an Orchid Licensee, Tine Trading Company, and in California through partnerships with contract manufacturers and the company’s evolving distribution network. Orchid California and Orchid Oregon now have produced in the last 30 days more inventory than any other single month in the previous twelve (12) months.주주 수익률ORCDCA PharmaceuticalsCA 시장7D0%6.1%-2.2%1Y-72.2%71.9%29.3%전체 주주 수익률 보기수익률 대 산업: ORCD은 지난 1년 동안 71.9%의 수익을 기록한 Canadian Pharmaceuticals 산업보다 저조한 성과를 냈습니다.수익률 대 시장: ORCD은 지난 1년 동안 29.3%를 기록한 Canadian 시장보다 저조한 성과를 냈습니다.주가 변동성Is ORCD's price volatile compared to industry and market?ORCD volatilityORCD Average Weekly Movementn/aPharmaceuticals Industry Average Movement11.4%Market Average Movement10.0%10% most volatile stocks in CA Market17.4%10% least volatile stocks in CA Market3.8%안정적인 주가: ORCD는 지난 3개월 동안 Canadian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: Insufficient data to determine ORCD의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트n/an/aCorey Mangoldwww.orchidessentials.com더 보기Orchid Ventures, Inc. 기초 지표 요약Orchid Ventures의 순이익과 매출은 시가총액과 어떻게 비교됩니까?ORCD 기초 통계시가총액CA$1.32m순이익 (TTM)-CA$4.20m매출 (TTM)CA$1.78m0.7x주가매출비율(P/S)-0.3x주가수익비율(P/E)ORCD는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표ORCD 손익계산서 (TTM)매출US$1.33m매출원가US$1.31m총이익US$24.20k기타 비용US$3.18m순이익-US$3.16m최근 보고된 실적Mar 31, 2022다음 실적 발표일해당 없음주당순이익(EPS)-0.06총이익률1.81%순이익률-236.45%부채/자본 비율0%ORCD의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/01/31 17:32종가2022/11/04 00:00수익2022/03/31연간 수익2021/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Orchid Ventures, Inc.는 0명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Sep 27+ 1 more updateOrchid Ventures, Inc. Announces Resignation of DirectorsOrchid Ventures, Inc. announced the resignation of its President, CFO and director, Richard Brown, and its independent director and Chair of the Audit Committee, Wayne Johnson. The Company announced the resignation of its CFO, President and Director, Richard Brown, effective immediately. The Company also announced the resignation of Director and Chair of the Audit Committee, Wayne Johnson, effective immediately. The Company wishes Mr. Brown and Mr. Johnson success in their future endeavors. Currently, Corey Mangold is the sole Director and Officer of the Company.
공시 • Aug 05Orchid Ventures, Inc. announced that it has received CAD 0.074982 million in fundingOn August 4, 2022, Orchid Ventures, Inc. closed the transaction. The transaction included participation from single investor.
공시 • Jul 24Orchid Ventures, Inc. Announces Executive ChangesOrchid Ventures Inc. announced it has removed Luke Hemphill as the Chief Product Officer. Luke Hemphill remains employed by the Company but is no longer in the Chief Product Officer position and is no longer an Officer of the Company effective July 1, 2022.
Reported Earnings • May 10Third quarter 2022 earnings released: US$0.008 loss per share (vs US$0.039 loss in 3Q 2021)Third quarter 2022 results: US$0.008 loss per share (up from US$0.039 loss in 3Q 2021). Revenue: US$162.6k (down 74% from 3Q 2021). Net loss: US$381.9k (loss narrowed 58% from 3Q 2021).
Board Change • Mar 08High number of new directorsIndependent Director Mervyn Simchowitz was the last director to join the board, commencing their role in 2021.
Reported Earnings • Feb 13Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.009 loss per share (up from US$0.013 loss in 2Q 2021). Revenue: US$479.0k (down 44% from 2Q 2021). Net loss: US$413.8k (loss widened 46% from 2Q 2021). Revenue was in line with analyst estimates.
공시 • Sep 27+ 1 more updateOrchid Ventures, Inc. Announces Resignation of DirectorsOrchid Ventures, Inc. announced the resignation of its President, CFO and director, Richard Brown, and its independent director and Chair of the Audit Committee, Wayne Johnson. The Company announced the resignation of its CFO, President and Director, Richard Brown, effective immediately. The Company also announced the resignation of Director and Chair of the Audit Committee, Wayne Johnson, effective immediately. The Company wishes Mr. Brown and Mr. Johnson success in their future endeavors. Currently, Corey Mangold is the sole Director and Officer of the Company.
공시 • Aug 05Orchid Ventures, Inc. announced that it has received CAD 0.074982 million in fundingOn August 4, 2022, Orchid Ventures, Inc. closed the transaction. The transaction included participation from single investor.
공시 • Jul 24Orchid Ventures, Inc. Announces Executive ChangesOrchid Ventures Inc. announced it has removed Luke Hemphill as the Chief Product Officer. Luke Hemphill remains employed by the Company but is no longer in the Chief Product Officer position and is no longer an Officer of the Company effective July 1, 2022.
Reported Earnings • May 10Third quarter 2022 earnings released: US$0.008 loss per share (vs US$0.039 loss in 3Q 2021)Third quarter 2022 results: US$0.008 loss per share (up from US$0.039 loss in 3Q 2021). Revenue: US$162.6k (down 74% from 3Q 2021). Net loss: US$381.9k (loss narrowed 58% from 3Q 2021).
Board Change • Mar 08High number of new directorsIndependent Director Mervyn Simchowitz was the last director to join the board, commencing their role in 2021.
Reported Earnings • Feb 13Second quarter 2022 earnings: Revenues and EPS in line with analyst expectationsSecond quarter 2022 results: US$0.009 loss per share (up from US$0.013 loss in 2Q 2021). Revenue: US$479.0k (down 44% from 2Q 2021). Net loss: US$413.8k (loss widened 46% from 2Q 2021). Revenue was in line with analyst estimates.
Board Change • Jan 03High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Co-Founder, CEO & Chairman Corey Mangold is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 05Full year 2021 earnings released: US$0.11 loss per share (vs US$0.30 loss in FY 2020)The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: US$3.72m (up 157% from FY 2020). Net loss: US$3.13m (loss narrowed 52% from FY 2020).
공시 • Sep 10Orchid Ventures, Inc. Launches Proprietary New Technology Platform PurGuardOrchid Ventures, Inc. announces that the Company has launched it's proprietary new technology platform PurGuard, which it believes will have a significant impact on the usage of vape products by minors. Utilizing several key technologies and developing a proprietary software platform, the Company has developed an ecosystem for use in 510 thread cartridges and batteries, POD based systems, as well as disposable vaporizers. A consumer that purchases a PurGuard product, will have to verify their age through a web-based and/or mobile application that pairs with the device via Bluetooth or USB cable. The device also has an auto-lock feature that when the registered user of the device is not near the device, the device can auto-lock, eliminating the possibility of a minor using the device. This technological advancement is believed by the Company to be perhaps the biggest advancement in vaporizer safety technology in over a decade. With PurGuard products, a customer (brand) has the ability to "program" their cartridge, PODs or disposables with information from the lab reports such as brand, logo, strain name, potency, manufacture date and more. This allows users to know exactly what they are consuming when switching from cartridge to cartridge. PurGuard products will be available to cannabis and CBD companies worldwide by Winter 2021. These products will also be unveiled at MJ Biz Con in Las Vegas in mid October 2021.
공시 • Jun 03Orchid Ventures, Inc. Announces Purtec Delivery Systems New R1 Technology Pass Emissions Testing with Flying ColorsOrchid Ventures, Inc. announced that the company has completed emissions testing with Enthalpy Analytical for their PurCore R1 510-thread cartridges and disposables. As seen in the reports (provided below), the products came back with flawless results containing no trace elements in the vapor tested against AFNOR standards, the strictest emissions standards set by the European Union. Tested compounds include Arsenic, Cadmium, Chromium, Lead, and Nickel. All PurTec products undergo the most stringent testing including emissions testing, leach testing, and dozens of manufacturing testing protocols to ensure the highest level of consumer safety. PurTec products are one of the only products on the market made entirely with FDA approved materials, ROHS and REACH standard compliant materials, and most importantly 316L medical-grade stainless steel in all heating elements. PurTec products are also free from glues and adhesives, and contain the highest quality ceramic available in vaporizers.
Reported Earnings • May 30Third quarter 2021 earnings released: US$0.039 loss per share (vs US$0.013 loss in 3Q 2020)The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$619.6k (down 1.4% from 3Q 2020). Net loss: US$914.3k (loss widened 251% from 3Q 2020).
공시 • Apr 03Orchid Ventures, Inc. announced that it has received CAD 4.2095 million in fundingOn April 1, 2021, Orchid Ventures, Inc. (CNSX:ORCD) closed the transaction. The company issued 16,838,000 units for gross proceeds of CAD 4,209,500. The company has paid eligible finders cash commission in the total amount of CAD 276,850 and also issued non-transferrable common share purchase warrants to the finders for the purchase of up to a total of 1,107,400 post consolidation shares. Each finder’s warrant will entitle the holder to purchase one post consolidation share at a price of CAD 0.25 on or before April 1, 2023.
공시 • Apr 01Orchid Ventures, Inc. announced that it has received CAD 0.06313 million in fundingOn March 31, 2021, Orchid Ventures, Inc. (CNSX:ORCD) closed the transaction.
공시 • Mar 04Orchid Ventures, Inc. announced that it expects to receive CAD 3.75 million in fundingOrchid Ventures, Inc. (CNSX:ORCD) announced a non-brokered private placement of up to 15,000,000 units at a price of CAD $0.25 per unit for gross proceeds of up to CAD 3,750,000 on March 3, 2021. Each Unit will consist of one post-consolidation share and one-half of one transferrable common share purchase warrant. Each warrant will entitle the holder to purchase one additional post-consolidation share at a price of $0.40 for a period of 24 months from the closing of the offering. The Company may pay a finder's fee within the amount permitted by the policies of the CSE. The closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the CSE. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.
Reported Earnings • Mar 01Second quarter 2021 earnings released: US$0.003 loss per share (vs US$0.037 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$851.8k (up US$808.3k from 2Q 2020). Net loss: US$284.4k (loss narrowed 90% from 2Q 2020).
Reported Earnings • Jan 23First quarter 2021 earnings released: EPS US$0.001The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$1.95m (up 137% from 1Q 2020). Net income: US$97.3k (up US$2.16m from 1Q 2020). Profit margin: 5.0% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue.
공시 • Jan 17Orchid Ventures, Inc. Announces CFO ChangesOrchid Ventures, Inc. announced that in October 2020, Mathew Lee, the Chief Financial Officer tendered his resignation from the company, due to his desire to pursue other opportunities. His resignation was accepted and is effective January 15, 2021. The company has since filled the CFO role, having recently hired Yousuf Jaffar, FCA who is a Chartered Accountant with thirty years of post qualification experience in corporate finance. He has worked in senior positions in the manufacturing, telecommunication and real estate industries and has vast exposure to business environments in the US, Canada, Europe and Asia. Mr. Jaffar was appointed as CFO effective January 15, 2021.
공시 • Nov 27Orchid Ventures Announces its Products Now Carried in Several New Key Retail AccountsOrchid Ventures, Inc. announced that it has launched its products into several new key retail accounts including SDRC in San Diego, High Times Delivery service, Sundial Collective and Redwood Herbal Alliance in Northern California and others. The company's continued sales growth initiatives with Landrace Distribution, Orchid's contract sales agency, have continued to expand into new key retail accounts and further the company's growth into the Northern California and Bay Area markets. Orchid is also set to launch its logistics and wholesale delivery efforts with Filigreen Distribution.
공시 • Nov 18Orchid Ventures, Inc. Enters Sales and Distribution agreement with Landrace, LLCOrchid Ventures, Inc. announced the entering of a Sales and Distribution agreement with Landrace, LLC to handle all sales and field activities in the state of California. Orchid is excited to announce it has partnered with Landrace Distribution to handle all field sales support for the California market. The Landrace team is a highly experienced group of sales professionals with years of experience selling into the Cannabis marketplace.
공시 • Oct 07Orchid Ventures, Inc. Announces Launch of New Product Lines for PurTec Delivery SystemsOrchid Ventures, Inc. announced that it’s hardware manufacturing subsidiary, PurTec Delivery Systems, has finalized development and testing on two new products; a disposable vape, and the most stringently tested value cartridge in the market. Both products have been through leach testing, which determines if any toxic materials or heavy metals leach into the oil put into the cart, as well as PurTec’s industry leading AFNOR standards emissions testing. An emissions test evaluates the actual vapor exiting the hardware, which is what consumers inhale.
공시 • Sep 24Orchid Ventures, Inc. Announces Launch of Three New Product Lines and Expanded Inventory ProductionORCHID VENTURES, INC. announced that it is launching three new product lines in California and Oregon. The Orchid Brands team has been hard at work developing three news lines of vape products as the company has seen a complete rebound in vape sales since the vape scare of 2019. These products have been developed and will be positioned to appeal to different consumer segments. Firstly, there is Orchid Vibes, a value-priced product featuring a newly developed PurTec Summit cartridge and introducing more contemporary terpene profiles like Mimosa and Purple Punch. The company has also improved the Orchid Classic line up, which are mid-tier products featuring their classic Orchid Essential formulations like Jack Herer and Dutch Treat among many other terpene profiles, all available in their best-in-class Orchid hardware. Lastly, the company is introducing Orchid Gold, live resin seasonal craft strains and flavors that rotate throughout the year and are also available in their top-tier Orchid hardware. The new product lines are currently being launched into the Oregon market through an Orchid Licensee, Tine Trading Company, and in California through partnerships with contract manufacturers and the company’s evolving distribution network. Orchid California and Orchid Oregon now have produced in the last 30 days more inventory than any other single month in the previous twelve (12) months.
