SugarBud Craft Growers Corp.

SugarBud Craft Growers Corp.

SBUDF
SugarBud Craft Growers Corp.US flagOther OTC
0.07
USD
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- -
529,966.00Market Cap
SugarBud Craft Growers Corp.
SBUDF
(Other OTC)

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Business
SugarBud Craft Growers Corp. is a Canada-based craft cannabis company focused on the development, production, distribution and sale of premium cannabis products. The company offers cannabis flower including dried flower in indica, sativa and hybrid varieties emphasizing terpene-rich genetics across gas/diesel, dessert/sweet, fruity and earthy/herbal flavor profiles; pre-rolls in single 1g and multipack 3x0.5g formats; milled flower; cannabis extracts; edibles; and topicals, distributed through retailers, distributors and online to registered medical patients via platforms such as CannMart.com. SugarBud Craft Growers operates primarily from its 29,800 square foot federally licensed cultivation and processing facility in Stavely, Alberta, targeting recreational and medical consumers in Canada with a focus on Alberta and surrounding regions. Founded as Relentless Resources Ltd. and renamed SugarBud Craft Growers Corp. in October 2018 following the divestiture of its oil and gas assets to become a pure-play cannabis producer, the company is headquartered in Calgary, Alberta. In recent years, SugarBud Craft Growers filed notices of intention under Canada's Bankruptcy and Insolvency Act in September 2022, transitioned to Companies' Creditors Arrangement Act proceedings in October 2022 with Alvarez & Marsal Canada Inc. appointed as monitor, and was adjudged bankrupt by court order in July 2023 with the monitor serving as trustee, amid liquidity constraints and a court-approved sale and investment solicitation process for its assets and operations. Despite these restructuring efforts, the company reports ongoing operations with annual sales of C$718.29 million, net income of C$12.12 million, 44 employees and a market capitalization of C$282.68 million as of late 2025, alongside capital expenditures of C$62.4 million for the year ended December 31, 2024. SugarBud Craft Growers maintains its focus on small-batch, indoor-grown, hang-dried and hand-finished craft cannabis emphasizing quality, aroma, flavor retention and consistent burn quality.

Company News

APIChatGPT
  • Sugarbud Announces Timing of Annual General Meeting, Mailing of Meeting Materials and Details of Proposed Share Consolidation

  • Sugarbud Launches Cannabis 2.0 Products And New High Potency Cultivar, GMO Cookies

  • Cannabis Grower Sugarbud Reports Record Quarterly Revenue, Q4 Launch Of First Solventless Extract

  • Sugarbud Receives Cannabis 2.0 Sales License from Health Canada

  • Sugarbud Announces Receipt of DTC Eligibility and the Close of a Non-Brokered Private Placement

  • Sugarbud Expands Product Portfolio In British Columbia

  • Sugarbud Craft Growers Corp. to Present Live at VirtualInvestorConferences.com on September 9th

  • Sugarbud Announces Partnership with ROSE LifeScience and Entry into Québec

  • Sugarbud Announces Filing of Q2 2021 Financial Results and Provides Outlook for 2021

  • Cannabis Industry Investor Presentations Now Available for On-Demand Viewing

  • SugarBud Craft Growers Launches First Cannabis 2.0 Products

  • Sugarbud Craft Growers Corp. to Present Live at VirtualInvestorConferences.com on June 30th

  • Sugarbud Expands Product Portfolio In Ontario

  • Sugarbud Announces Second Consecutive Positive EBITDA Result for Q1 2021, Filing of First Quarter Financial Results and Corporate Update

  • Sugarbud Announces Positive EBITDA Result for Q4, 2020 and Filing of Financial & Operating Results for the Year Ended December 31, 2020

  • Sugarbud Craft Growers Corp. to Present Live at the Virtual KCSA Cannabis Investor Conference on April 20th

  • Sugarbud Starts Trading On OTCQB Venture Market, Issues 12.8M Stock Options