Ravenquest Cannabis BioMed (CSE: RQB) (OTC: RVVQF) - Investor Dashboard


RavenQuest BioMed
CSE Symbol: RQB
OTC Ticker: RVVQF
Sector: Healthcare
Industry: Legal Cannabis
Country: Canada
Employees: N/A
Established: 2015
CEO: George Robinson

Summary

Fiscal Year-End: July
Exchange: CSE, OTC
Sector: Healthcare
Auditor:  MacKay LLP
Headquarters: Vancouver, BC

Financials (04/30/18)

Cash on hand: $5.3mm
Fixed Investment: $7.4mm
Shareholders’ Equity: $31.5mm
Revenues – Last Quarter: $614K
Adj. Gross Margin : 86.1%
EPS : -.04

Capital Structure (6/29/18)

Last Financing: 11.9mm units at $0.70
Basic Shares: 93.5mm
Warrants: 21.7mm
Options: 2.4mm
Diluted Shares: 127.9mm

Company Brief

RavenQuest Cannabis BioMed Inc (RQB) provides management services and investments to the cannabis sector. RQB management services division has consultants, technicians and technology solutions that assist clients in designing and building cannabis production and processing facilities. The turnkey solution offering provides growing and drying technologies, patient and genetic management systems, and security management systems solutions. The management services team has assisted many licensed producer (LP) clients reach cultivation and/or sell/dispense licensing.

RavenQuest BioMed Inc also has an Investment division that focuses on investing in late stage LP applicants such as the 100% position in Alberta Green Biotech — a 35,500 sq ft facility in Edmonton, Alberta. The facility will produce between 6,000 and 7,000 kilograms once fully operational.

The company also acquired LP Bloomera, based in Ontario with a production capacity of 2,000 kilograms in March 2018. In June 2018, the company announced intent to acquire late-stage applicant Western Agripharma, which is developing a 125,000-square-foot production facility in British Columbia. Western Agripharma also has owns a stake in Altanic Cannabis Corp., which plans to develop a 50,000-square-foot facility in Nova Scotia.  RQB will also pursue investments in other LP applicant candidates, licensed producers, and processing facilities

Exclusive Webinar – March 14, 2018

CEO George Robinson on Midas Letter

RavenQuest at a Glance

Partnership with Indigenous Peoples:
Unique among publicly-traded cannabis companies, RavenQuest has developed an indigenous-centered offering which provides a turnkey solution for the production and sale of cannabis on their sovereign land.

Production by Mid-2018:
RavenQuest recently fully acquired 100% of Edmonton-based Alberta Green Biotech and is expected to complete construction of a 35,500 square-foot facility by mid-2018.

Immediate Revenue from Management Services Division:
RavenQuest’s private-co predecessor provided consultancy services for 10 licensed producers, successfully navigating them through the complex licensing process. RavenQuest maintains a healthy and steady pipeline of management services contracts.

Research & Development:
RavenQuest is close to identifying and developing a research partnership which will prioritize the maximization of flower production in cannabis plants, and therefor increase the yield per square foot.


Highlights

  • Diversified business model with services and production in Ontario with Alberta and British Columbia production to follow
  • Proprietary cultivation technology
  • End-to-end solutions for the cannabis industry
  • Seasoned management team with extensive cannabis application and licensing expertise in Canada
  • Close ties to indigenous peoples, which are expected to control up to 20% of the canopy in Canada

Growth Strategy

  • Partnerships with indigenous peoples, including Fort McMurray First Nation #468
  • Cannabis production in Alberta by Mid-2018 with 7mm gram capacity
  • Deployment of proprietary automated Orbital Garden 2.0 technology
  • Acquired Bloomera and Western Agripharma
  • Full capacity at buildout expected to be 51,000 kilograms per year

Differentiators

  • Revenue from management services limits cash burn
  • Research partnerships with McGill University
  • Partnership with indigenous peoples
  • Orbital Gardens technology
  • Wholesale distribution memorandum of understanding with British Columbia Liquor Distribution Branch

Curated Stories & News


Visit RavenQuest Cannabis BioMed, Inc.,
at www.rqbglobal.com

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. RavenQuest Cannabis BioMed, Inc., is a client of NCV Media, LLC. Read our full disclaimer.