The company has not filed an annual or quarterly report since its FY2017 10-K, filed Nov 27, 2019. Its latest SEC filing is a REVOKED from Jun 28, 2021.
10-K for FY2017, filed Nov 27, 2019
The sections below describe the company as of the FY2017 annual report.
Cultivates industrial hemp and sells dried hemp and CBD products to wholesale buyers.
10-K for FY2017, filed Nov 27, 2019
Wholesale buyers pay for CBD oil products when the products ship.
10-K for FY2017, filed Nov 27, 2019The Company recognizes revenue from the sale of Cannabidiol oil products (“CBD oil”) upon shipment, when title passes, and when…View ↗
$632.7K
10-K for FY2015, filed Apr 13, 2016
$632.7K ↗
Mile High buys dried hemp products, while Canbiola or its designated affiliate buys certain isolate; the New York joint venture also recruits third-party farmers and may sell them seeds and growing materials.
10-K for FY2017, filed Nov 27, 2019On May 10, 2019, we, through our subsidiary Shi Farms, entered into a Partner Farm Agreement (the “Partner Farm Agreement”) with Mile High…View ↗
Pursuant to the Joint Venture Agreement, NY – SHI and Canbiola Sub will jointly seek farmers to grow and cultivate industrial hemp in the…View ↗
Upon the execution of the Joint Venture Agreement, Canbiola Sub delivered to NY – SHI a cash payment of $500,000 and, on July 22, 2019…View ↗
Shrank. Revenue fell 69% in 2 years, from $2.1M in FY2013 to $632.7K in FY2015, about 45% a year.
From cannabis services to hemp products
The older report described consulting for marijuana businesses and sales of dispensing systems and vaporizers; the latest report centers on cultivating industrial hemp and selling hemp-derived products such as CBD oil.
10-K for FY2014, filed Mar 26, 2015 10-K for FY2017, filed Nov 27, 2019
Loading...
