| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Innocan Pharma Corporation (CSE:INNO)(FSE: IP4) (OTC:INNPF), a pharmaceutical technology firm specializing in innovative drug delivery platforms, reported its financial results for Q2 2023.
The company's CEO, Iris Bincovich, expressed excitement about the positive trajectory and strategic focus on integrating cannabinoids with established drugs.
"We are thrilled with the significant growth we achieved in the second quarter," Bincovich stated. "Our strategic focus is on integrating cannabinoids with existing proven drugs alongside the robust sales from our subsidiary, B.I. Sky Global Ltd., has significantly contributed to this tremendous increase in both revenue and gross profit. We remain committed to our vision and are optimistic about the future."
Innocan reported revenue for the three months ending June 30, 2023, reached $3.121M, an increase from $2.706M in the same period in 2022, attributed to strong sales from its subsidiary, B.I. Sky Global Ltd. And cash balance of $3.373M as of June 30, 2023.
In the Consumer Wellness segment, Innocan focuses on developing a Joint Venture named BI Sky Global Ltd., which has a specific emphasis on advanced targeted online sales.
The Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this September 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.
Photo By: Gino Crescoli via Pixabay.
