Discover Wellness Solutions Inc.
WLNSF
Other OTC0.00
USD
- -
- -
ISIN
CA2546631078
Return %
Stock
S&P500
1Y
-99.96
26.53
3Y
-99.96
76.60
5Y
-99.96
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Peter Cheung CPA, CA
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 707 - 5th Street SouthWest Calgary AB Canada T2P 0Y3
- IPO Date
- Mar 2, 2021
- Website
- discoverwellness.solutions
- Similar Companies
- Business
- Discover Wellness Solutions Inc. is a Canada-based development-stage company licensed through its subsidiary to cultivate, produce, process and sell cannabis in various forms, including medical marijuana and non-psychoactive CBD products; the company focuses on hemp processing, CBD extraction and global distribution of cannabis-derived wellness solutions. Headquartered in Calgary, Alberta, at 707 - 5th Street SW, Suite 500, the firm, formerly known as RMMI Corp., rebranded and adopted its current ticker symbol WLNS on the Canadian Securities Exchange in January 2021 to reflect a strategic shift toward the larger CBD market and away from traditional cannabis cultivation. It serves customers worldwide with products encompassing dried flower, oils, extracts and other cannabis formats targeted at medical and recreational markets. In recent developments, Discover Wellness formed a key alliance with Synergen Bioscience Inc. coupled with the acquisition of high-CBD hemp biomass under a hemp contribution agreement, issuing shares and establishing the partner as a significant shareholder while achieving substantial working capital savings exceeding $5 million. The company's shares were delisted from the CSE at market close on March 31, 2023, following a suspension, with trading now occurring over-the-counter under WLNSF. Operations remain centered in the cannabis industry, emphasizing cost leadership in processing and extraction for shareholder value enhancement.
Discover Wellness Files Q2 2021 Financial Statements, Clarifies the Volume of Hemp Purchased from SynerGenetics and Provides Other Updates