Yooma Wellness

Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM) said it is starting to see the early results of its streamlining and rationalisation efforts as it provided a quarterly financial update. Revenues were up 50% year over year at US$3.3mln in the three months ended June 30, while the cost base shrank by 32% to US$2.3mln, resulting in a net loss of around US$1.1mln (down 65% over 12 months). » Mehr auf proactiveinvestors.co.uk

Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM) said it is continuing to work with advisors at Canaccord Genuity (TSX:CF, LSE:CF) to assess its strategic options. These may include a sale of assets or further M&A “if financing can be secured on acceptable terms”, said chairman Lorne Abony. » Mehr auf proactiveinvestors.co.uk

SEED Innovations Ltd (AIM:SEED, OTC:FFRIF) said it welcomed a UK regulator's list of cannabidiol (CBD) products that can be sold to consumers, which included some of its investee companies.  The Investee companies include Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM) (Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM), Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM), Yooma Wellness Inc (CSE:YOOM, OTC:LVVEF, AQSE:YOOM)), South West Brand Limited and CiiTECH Limited. » Mehr auf proactiveinvestors.co.uk