VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2017) - Quadron Cannatech Corporation (the "Company" or "Quadron") (CSE:QCC)(CSE:QCC.CN)(CNSX:QCC) is pleased to report the annual financial and operating results for the year ended April 30, 2017.
Year-end Highlights (audited):
Subsequent Year End Highlights:
"We are very pleased with the results of our first full year of operations - with Quadron's successful CSE listing in late February, and the acquisition of Cybernetic in mid-March, we have built a solid foundation, from design through to production and sales of our products for this fast-growing industry," states Rosy Mondin, President & CEO. "The demand for our equipment and services is very strong and we expect to see revenue growth through the course of this year. Quadron is better positioned now than it has ever been to benefit from the significant growth opportunities across our entire business portfolio, regardless of geography. We are very excited by the next stages of our growth and development and look forward to reporting our Company's successes to our shareholders in Q1 and into 2018."
Quadron's full annual financial results are posted on SEDAR at www.sedar.com.
About Quadron: Quadron focuses on ancillary equipment, products and services for the authorized cannabis industry, providing automated extraction and processing solutions, and sales of end user delivery solutions such as vape pens, capsules and other safer consumption solutions for patients.
For more information, visit: www.quadroncannatech.com
On behalf of the Board of Directors of QUADRON CANNATECH CORPORATION
Rosy Mondin, President and CEO
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
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