Inactive Instrument

Orchid Ventures, Inc. Canadian Securities Exchange

ORCD

CA68573L2066

Orchid Ventures, Inc. Announces Earnings Results for the Thirteen-Month Period Ended June 30, 2020

January 16, 2021 at 03:14 am IST

Orchid Ventures, Inc. announced earnings results for the thirteen-month period ended June 30, 2020. For the period, the company announced revenues of USD 1,568,276. Net loss was USD 7,051,457. Basic loss per share was USD 0.08.

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Company Profile

Orchid Ventures, Inc. is a United States-based cannabis innovation company. The Company is engaged in the development of cannabis products and vape hardware delivery systems. The Companyâs subsidiary, PurTec Delivery Systems produces, markets and sells clean vaporizer hardware. The Company offers its own developed technology platform PurGuard. The Company has developed an ecosystem for use in approximately 510 thread cartridges and batteries, ultra-portable systems (POD) based systems, as well as disposable vaporizers. Its PurGuard products are available to cannabis and cannabidiol (CBD) companies worldwide.

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