Earnings Alert: Earth Science Tech Inc (ETST), CANOPY GROWTH CORP COM NPV (TWMJF), ORGANIGRAM HLDGS I COM NPV (OGRMF)
Earth Science Tech Inc (OTCMKTS:ETST) reported the plunge of -14.36% and closed at $1.61, with the total traded volume of 89,367.00 shares. During last trade its minimum price was $1.55 and it gained its highest price of $1.88 and has a total of 40.91 million outstanding shares.
Earth Science Tech, Inc., a biotechnology company, focuses on delivering nutraceuticals, bioceuticals, and dietary supplements in the areas of health, wellness, sports, and alternative medicine worldwide. It focuses on non-prescription nutritional and dietary supplements for the treatment of chronic pain, joint pain, inflammation, seizures, high blood pressure, memory loss, depression, weight management, nausea, aging, and overall wellness. The company also provides consulting services to the athletic facilities industry. Its marketing services include direct marketing, search engine optimization, public relations, email marketing, social media marketing, and development of referral programs. In addition, Earth Science Tech, Inc. retails health and wellness brands, as well as sports nutrition and dietary supplement products; and stocks and sells high grade cannabidiol rich hemp oil and products. The company was formerly known as Ultimate Novelty Sports, Inc. and changed its name to Earth Science Tech, Inc. in April 2014. The company was incorporated in 2010 and is headquartered in Boca Raton, Florida.
CANOPY GROWTH CORP COM NPV (OTCMKTS:TWMJF) showing dropped/jumped of -0.49% and closed at $8.16, after gaining total volume of 410,045.00 shares. Its earnings per share (EPS) are -$0.02 and it has total market capitalization of $1.33 billion and a total of 159.23 million outstanding shares.
Canopy Growth Corporation, through its subsidiaries, produces and sells medical marijuana in Canada. The company offers dry cannabis and oil products primarily under the Tweed and Bedrocan brands. It also sells its products through online. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. The company is headquartered in Smiths Falls, Canada.
ORGANIGRAM HLDGS I COM NPV (OTCMKTS:OGRMF) increased 4.90% closed at $1.92 and traded with total volume of 221,518.00 shares, while the average trading remained 194,217.00 million shares. During last trade its minimum price was $1.88 and it gained the highest price of $1.99. Its market capitalization was $179.87 million.
ORGANIGRAM HLDGS I COM NPV (OGRMF) on March 15, 2017 announced that it has issued an aggregate of 1,500,000 incentive stock options to Greg Engel, a director of the Company and the Company’s Chief Executive Officer, at an exercise price of $2.36 per share.
In accordance with Mr. Engel’s employment contract, 266,666 of the Options shall vest on March 13, 2018; 266,667 of the Options shall vest on March 13, 2019; and 266,667 of the Options shall vest on March 13, 2020.
Additionally, 350,000 stock options shall vest upon the common shares of the Company trading at a price at or greater than $4.76/share; and, 350,000 stock options shall vest upon the common shares of the Company trading at a price at or greater than $7.14/share. In each instance, the common shares of the Company must trade at or greater than the price set forth above for a period of not less than 20 consecutive trading days.
All of the above-mentioned options have been granted pursuant to the Company’s Stock Option Plan which has been previously approved by the Company’s shareholders and the TSX Venture Exchange. In accordance with the Plan, all such options shall expire 10 years after issuance.