|Bid||0.29 x 0|
|Ask||0.31 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||7.75|
|Forward Dividend & Yield||0.01 (1.79%)|
|1y Target Est||N/A|
Quinsam Capital Corporation (CSE:QCA) (“Quinsam” or the “Company”) is pleased to announce the strongest quarterly results in the Company’s history. The company announced net income of $4.9 million ($0.05 per share) in Q1/2018 versus $nil ($0.00 per share) in Q1/2017, which represents an extremely strong return on the Company’s assets. “Calculating our percentage return for the quarter remains difficult because we closed an equity financing during the period” said Roger Dent, CEO of Quinsam.
Quinsam Capital Corporation (CSE:QCA) ("Quinsam" or the "Company") is pleased to announce that it has completed the sale of its position in Dosecann Inc. (“Dosecann”) as part of the takeover of Dosecann by Cannabis Wheaton Income Corp. (“Cannabis Wheaton”). Quinsam invested $875,000 in Dosecann in early 2018. The investment consisted of a combination of $875,000 of convertible debentures and 437,500 warrants.
Quinsam Capital Corporation (CSE:QCA) ("Quinsam" or the "Company") is pleased to announce that it has completed or committed to a number of new investments. Included in this group of investments are several that Quinsam considers to offer very interesting upside in the United States market. Quinsam invested US$1.25 million in Oakland-based FLRish as part of a US$6.5 million Series A financing that also included Cresco Capital Partners and Murray Field & Co. FLRish is regarded by many as a pioneer in the California cannabis market. It manages the two Harborside retail dispensaries and brands, and as well has a large cannabis cultivation facility.
Quinsam Capital Corporation (CSE:QCA) ("Quinsam" or the "Company") is pleased to announce that it has entered an agreement to sell its right to a 35% equity stake in Herbiculture Inc. (“Herbiculture”) to Lineage Grow Company Ltd. (“Lineage”). Quinsam will retain its original US$655,000 loan to Herbiculture. Assuming that the agreement closes, Quinsam expects to trigger a material gain on the transaction given that it obtained the right to the equity stake at no cost in association with providing the loan.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED STATES NEWS DISTRIBUTION SERVICE. TORONTO, April 16, 2018-- Quinsam Capital Corporation wishes to comment on the recent positive ...
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION BY ANY UNITED STATES NEWS DISTRIBUTION SERVICE. TORONTO, April 12, 2018-- Quinsam Capital Corporation is pleased to announce the strongest ...