CBDHF - Hempfusion Wellness reports Q3 results

Hempfusion Wellness (OTCQX:CBDHF): Q3 GAAP EPS of -$0.04. Revenue of $3.1M (+158.3% Y/Y) Press Release CEO comment: “Our strong brand portfolio is leading to continued retail wins, strong ecommerce growth and is driving significant growth in our total company revenue, as reflected by the 155% growth rate this past quarter. Coming out of the quarter we have seen continued strength, with October preliminary net sales of $1.4 million. We expect this momentum to continue as we move through the always important holiday sales period. We remain confident in our ability to meet or exceed our revenue guidance for 2022 of $20 to $25 million and expect our profitability and cash burn to improve significantly throughout 2022."

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Hempfusion Wellness reports Q3 results