Geyser Brands (TSX.V: GYSR) recently reported notable financial results for the eight months ended March 31, 2019 (http://cnw.fm/4Wa6M). An article discussing the company reads, “‘We are pleased with our progress in the first eight months since completing the RTO. Our subsidiary, 0957203 B.C. Ltd. dba Apothecary Botanicals, through its strong management, has been successful in bringing its facility to GMP-compliant standards for manufacturing and processing and in obtaining Health Canada licensing for Cultivation and Standard Processing,’ Geyser CEO Andreas Thatcher said in a news release. . . . The financial report features a couple of important highlights that stand as evidence of Geyser’s growth. As of March 2019, the company’s total assets reached $4,890,422, in comparison to $4,504,411 as of July 31, 2018. Total shareholders’ equity reached $3,843,153 (from $3,405,399 in July 2018).”
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About Geyser Brands Inc.
Geyser Brand builds health-based, hemp-CBD consumer products in the nutraceutical, cosmetics, food & beverage and pet sectors worldwide. Geyser Brands owns a Health Canada-approved Licensed Producer (“LP”) in Port Coquitlam, British Columbia, that holds cultivation and processing licenses. The company is also anticipating its R&D and sales licenses. Geyser Brands will utilize its GMP-licensed facilities in British Columbia for the manufacturing and international distribution of its hemp and CBD-based products. For more information, visit the company’s website at www.GeyserBrands.com.
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