Bespoke Extracts, Inc. Reports Earnings Results for the Full Year Ended August 31, 2020
December 18, 2020 at 06:08 am EST
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Bespoke Extracts, Inc. announced earnings results for the full year ended August 31, 2020. For the full year, the company announced sales was USD 8,054 compared to USD 62,103 a year ago. Operating loss was USD 4.015 million compared to operating Income of USD 3.014 million a year ago. Net loss was USD 4.640 million compared to net income of USD 2.580 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.04 a year ago.
Bespoke Extracts, Inc. operates in the regulated cannabis markets in the United States. The Company owns, manufactures, and distributes a portfolio of cannabis consumer packaged goods brands including Fresh Joints, Box-O-Joints, and Wee Joints, to licensed marijuana dispensaries across Colorado. Through its wholly owned subsidiary, Bespoke Extracts Colorado, LLC, the Company operates Wonderleaf LLC (WonderLeaf), a marijuana-infused products production facility in Aurora, Colorado. The Company manufactures a range of premium pre-rolled joints. The Company has offered cannabis products focusing on two primary categories: Branded Products and Processing Business. It plans to pursue production of brands of pre-rolled joints and other processed marijuana products under newly created brand names. It also plans to explore licensing existing brands from other states and producing them in Colorado.
BESPOKE EXTRACTS, INC. 
