Humble & Fume Inc (OTCQX: HUMBF) (CSE: HMBL) - Investor Dashboard


➔ Humble & Fume
OTC Ticker: HUMBF
CSE Ticker: HMBL
Market Focus: North America
Classification: Ancillary
Country: Canada
Employees: 172 as of 6/2021
Established: 2019
CEO: Joel Toguri

Summary

Fiscal Year-End: June 30
Auditor: MNP, LLP
Trading Debut: June 16, 2021
Countries of Operation: 2
Headquarters: Toronto, ON

Financials (12/31/21)

Cash on hand: $14.3 million
Fixed Investment: $2.0 million
Shareholders’ Equity: $33.7 million
Revenues – Last Quarter: $16.9 million
Adj. Gross Margin : 14.4%
EPS : -$0.03

Capital Structure (02/28/22)

Last Financing: 18.8 million shares at C$0.53
Basic Shares: 123.8 million
Warrants: 5.2 million
Options: 6.8 million
Diluted Shares: 135.8 million

Company Brief

Humble & Fume Inc. (Follow Company) is a leading North American distributor committed to satisfying all moments in the cannabis consumption experience. As the only fully-integrated cannabis distribution solution, Humble bridges the gap for retailers, licensed cannabis producers, multi-state operators, and cannabis consumers to maximize sales penetration, and increase financial performance. Humble is committed to our brand and retail partners to help grow their businesses by providing data-driven insights, proven go-to-market expertise and best-in-class distribution for cannabis and cannabis accessories. Over the last 20 years, Humble has offered end-to-end expertise in brand partnerships and activation.

Humble & Fume Value Chain



Highlights

  • Expansive portfolio of over 200 brands and a customer base of over 3,000 cannabis retail relationships across North America
  • Three distribution centers capable of reaching 90% of North American customers in 48 hours
  • ~71% year-over-year revenue growth in 2021 ($74.1M in 2021 vs. $43.4M in 2020)
  • Top line growth driven by strong distribution business; new initiatives and cost efficiencies to drive significant margin expansion

Growth Strategy

  • Significant U.S. opportunity for expansion, including M&A
  • Humble & Fume is optimally positioned to disrupt the California distribution market and generate superior returns for new and existing investors
  • Johnson Brothers has indirectly provided Humble & Fume with US$10 million in committed growth capital to build a market-leading U.S. cannabis distribution business, beginning in California
  • Joint venture with Green Acre Capital Distribution Corp. to distribute cannabis in the U.S.

Differentiators

  • Humble’s position in the supply chain allows both big and small retailers access to national LP brands
  • Turnkey solution for cannabis producers to bring product to retailers across North America quickly without having to invest in in-house sales team
  • Accessories portfolio businesses provide customers a one-stop-shop for all cannabis needs.
  • Fully integrated solution reduces procurement complexity and maximizes profitability for retailers and vendors with data driven insights
  • 85% penetration rate with Canadian cannabis retailers

Curated Stories & News


Visit Humble & Fume, Inc.
at www.humbleandfumeinc.com

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