Santa Rosa s Vintage Wine Estates to go public in $690M deal northbaybusinessjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northbaybusinessjournal.com Daily Mail and Mail on Sunday newspapers.
Bespoke Capital Acquisition Corp. (TSX: BC.U) and Vintage Wine Estates enter into a merger agreement
Vintage Wine Estates has a revenue and EBITDA CAGR of over 20% since 2010
Paul Walsh, Executive Chairman of BCAC and former Diageo CEO, to become non-executive Chairman of the combined company. Pat Roney, CEO and founder of Vintage Wine Estates, to continue as CEO of the combined company
Pro forma implied market capitalization and enterprise value of approximately US$690 million plus more than US$50 million of potential deferred consideration
Wasatch Global Investors acquires US$28 million stake in Vintage Wine Estates
Bespoke Capital Acquisition Corp. in the process of listing on the NASDAQ
C21 Investments Announces Q3 Results
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Net Income of $2.3 Million Highlights Strong Profitability
VANCOUVER, Dec. 16, 2020 /PRNewswire/ - C21 Investments Inc. (CSE: CXXI) (OTCQX: CXXIF) ( C21 or the Company ), a leading vertically integrated cannabis company, today announced unaudited results for its third quarter ended October 31, 2020.
Q3 Financial Highlights: (all currency in
U.S. dollars)
(August 1, 2020 to October 31, 2020):
Revenue of $9.5 million – a record $8.9 million from Nevada s retail operations with same-store sales up 5% from Q2
Gross Profit of $5.9 million; Gross Margin (before fair value adjustments) of 47.4%
Adjusted EBITDA
1 of $2.7 million, the seventh consecutive quarter of positive EBITDA
Cash Flow from Operations of $3.1 million; Year-to-Date results of $8.7 million, up 175% from last year