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Stocks in play: PharmaCielo Ltd.

Baystreet.ca

The Canadian parent of Colombia's premier cultivator and producer of medicinal-grade cannabis oil, PharmaCielo Colombia Holdings S.A.S., today announced its financial results for the first quarter ended March 31, 2019. Total operating expenses of $4.8 million as compared to $9.6 million in the prior-year quarter. Net loss was $7.7 million as compared to $10.0 million in the prior-year quarter. PharmaCielo Ltd. shares V.PCLO are trading down $0.11 at $6.84.