Investors in the Canadian licensed producers should always keep an eye out for earnings releases and shareholder conference calls regarding the companies they're holding in their portfolio. Whether you happen to be an existing or prospective investor in MedReleaf (TSX:LEAF)(OTC:MEDFF)(FRA:MEW), you should mark the company's upcoming earnings release and the associated conference call in your calendar.
Related: Marijuana Stocks Listed on the Toronto Stock Exchange
MedReleaf is a Canadian licensed producer of medical marijuana pursuant to the ACMPR that listed on the Toronto Stock Exchange in June of this year. Recently, MedReleaf announced that the company has entered into a licensing and distribution agreement with CannaKorp, the developer of the world's first single use, pod-based cannabis vaporizing system (also known as the "Keurig of Cannabis"). Although this agreement happened after the end of their first fiscal quarter, during MedReleaf's conference call, we'll be listening for any additional color on this agreement as well as any other developments at the company.
Related: MedReleaf Partners with Pod-Based Vape Developer, CannaKorp
MedReleaf will be reporting its Q1'18 financial results on Monday, August 14th, 2017 before the North American market open (9:30 AM EDT). MedReleaf's CEO and CFO, Neil Closner and Igor Gimelshtein, respectively, will be hosting a conference call and a question and answer session at 8:00 AM EDT.
Here's Some More Details Regarding the Call:
Date: Monday, August 14, 2017
Time: 8:00 AM EDT
Dial-In Number: (647) 427-7450 or 1-888-231-8191
Live Webcast (webcast will be archived for 90 days): http://bit.ly/2eEMhiZ
Reply (Available until August 21st, 2017): 1-855-859-2056
Replay Passcode: 59994102
Be sure to mark your calendars if you own shares of MedReleaf, if the company interests you, or even if you have holdings in the other LPs (it's not uncommon to see earnings from one company impact the stock price of other companies in the space).
Also, be sure to subscribe to one or more of our free e-mail newsletters (especially our Canadian LP Newsletter) so you never miss an important cannabis industry update. Visit us on social media via Facebook, Twitter, StockTwits and Instagram.
Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.