HEMP On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt

hempco food and fiber inc (HEMP) Snapshot

Open
--
Previous Close
--
Day High
--
Day Low
--
52 Week High
-- - --
52 Week Low
-- - --
Market Cap
--
Average Volume 10 Days
--
EPS TTM
--
Shares Outstanding
--
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for HEMPCO FOOD AND FIBER INC (HEMP)
\

Related News

No related news articles were found.

hempco food and fiber inc (HEMP) Related Businessweek News

No Related Businessweek News Found

hempco food and fiber inc (HEMP) Details

Hempco Food and Fiber Inc. manufactures and sells hemp food products for human and animal consumption in the United States, Canada, Europe, Mexico/Latin America, and the Asia/Pacific. It offers retail level hemp-based food products, including shelled hemp seed nuts, hemp protein powders, hemp seed oil, and hemp snack bar items, as well as hemp for pets under the PLANETHEMP brand. The company also provides hemp-based animal wellness and nutrition supplement products under the Praise brand. It also distributes hemp-based consumer packaged natural health products for retail sales in Canada, the United Kingdom, and Mexico. The company is headquartered in Vancouver, Canada. Hempco Food and Fiber Inc. is a subsidiary of Aurora Cannabis Inc.

hempco food and fiber inc (HEMP) Top Compensated Officers

Interim Chief Executive Officer
Total Annual Compensation: C$34.4K
Compensation as of Fiscal Year 2017.
hempco food and fiber inc
Hempco Food and Fiber Inc. Appoints John Ross as Interim Chief Executive Officer

Hempco Food and Fiber Inc. announced that the Company has appointed John Ross, previously Chief Financial Officer of the company, as Interim Chief Executive Officer, effective immediately, following receipt by the Board of Directors of notice provided by Diane Jang. Mr. Ross, a financial management professional with over 30 years of public and private company experience. Mr. Ross has broad international experience working with high-growth companies. Prior to his appointment as Interim CEO at Hempco, Mr. Ross was Chief Financial Officer of the company. Mr. Ross will lead the company as it transitions, pending shareholder approval, from public company to wholly owned subsidiary of Aurora Cannabis.

Hempco Food and Fiber Inc. Secures CAD 4 Million Loan Facility from Aurora Cannabis Inc

Hempco Food and Fiber Inc. announced that it has entered into a loan agreement with Aurora Cannabis Inc. pursuant to which Aurora has agreed to lend to Hempco up to CAD 4 million. The Loan Agreement has been entered into as part of the transaction agreed to by both Aurora and Hempco in a binding letter agreement announced by the companies, and providing for the purchase, by Aurora, of all of the issued and outstanding shares of Hempco not already owned by Aurora. The Loan will be secured by a Guarantee from Hempco's wholly-owned operating subsidiary, Hempco Canada Superfoods Inc., and a General Security Agreement pledging all of Hempco's assets. The Loan is intended as a bridge loan to fund completion of Hempco's 56,000 sq ft, 2.9 million kg-per-year, hemp processing facility in Nisku, Alberta, and to provide Hempco with working capital for operations while the Parties work towards completion of the Transaction contemplated in their binding letter agreement. Principal amounts advanced pursuant to the Loan Agreement are to bear interest at the rate of 8% and must be repaid by January 15, 2021. Under the terms of the Loan Agreement, Aurora has the discretion to halt advances of loan proceeds at any time, in its sole but reasonable discretion.

Hempco Food and Fiber Inc. Reports Earnings Results for the Second Quarter Ended February 28, 2019

Hempco Food and Fiber Inc. announced earnings results for the second quarter ended February 28, 2019. For the second quarter, the company announced sales was CAD 580,000 compared to CAD 285,000 a year ago. Net loss was CAD 1.573 million compared to CAD 919,000 a year ago. Basic loss per share was CAD 0.03 compared to CAD 0.02 a year ago. For the half year, sales was CAD 1.348 million compared to CAD 809,000 a year ago. Net loss was CAD 3.063 million compared to CAD 1.653 million a year ago. Basic loss per share was CAD 0.05 compared to CAD 0.04 a year ago.

 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

HEMP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for HEMP.
View Industry Companies
 

Industry Analysis

HEMP

Industry Average

Valuation HEMP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 18.4x
Price/Book 7.4x
Price/Cash Flow NM Not Meaningful
TEV/Sales 16.6x
 | 

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact HEMPCO FOOD AND FIBER INC, please visit hempcocanada.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.