Harvest One

OverviewSuggest Edit

Harvest One is a cannabis company that develops and distributes heath, wellness, and self-care products with a specific focus on sleep, anxiety, and pain. The company serves both the medical and recreational cannabis markets.

TypePublic
Founded2017
HQVancouver, CA
Websiteharvestone.com

Latest Updates

Revenue (FY, 2019)C$11.5 M(+1480%)

Key People/Management at Harvest One

Grant Froese

Grant Froese

CEO/Director
Andrew Kain

Andrew Kain

COO
Aaron Wong

Aaron Wong

CFO
Deb Milimaka Miles

Deb Milimaka Miles

CAO & CPO
Andy Bayfield

Andy Bayfield

Chief Commercial Officer
Frank Holler

Frank Holler

Chairman
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Harvest One Office Locations

Harvest One has an office in Vancouver
Vancouver, CA (HQ)
999 Canada Pl #404
Show all (1)

Harvest One Financials and Metrics

Harvest One Revenue

Harvest One's revenue was reported to be C$11.47 m in FY, 2019 which is a 1479.3% increase from the previous period.
CAD

Revenue (Q2, 2020)

1.8m

Gross profit (Q2, 2020)

66.0k

Gross profit margin (Q2, 2020), %

3.7%

Net income (Q2, 2020)

(16.2m)

EBIT (Q2, 2020)

(15.9m)

Cash (31-Dec-2019)

780.0k
Annual
CADFY, 2017FY, 2018FY, 2019

Revenue

76.0k726.0k11.5m

Revenue growth, %

856%1479%

Cost of goods sold

8.5m

Gross profit

3.0m
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

174.5k4.7k33.0k1.7m3.7m3.0m4.1m1.8m

Cost of goods sold

1.1m2.6m2.8m2.8m1.7m

Gross profit

578.1k1.1m207.3k1.3m66.0k

Gross profit Margin, %

34%30%7%31%4%
Annual
CADFY, 2017FY, 2018FY, 2019

Cash

14.2m56.8m20.3m

Accounts Receivable

41.6k459.9k2.6m

Prepaid Expenses

997.3k976.0k

Inventories

1.2m4.7m9.1m
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

12.2m29.1m79.5m48.3m41.0m29.5m7.3m780.0k

Accounts Receivable

195.6k154.3k186.5k684.5k2.2m2.3m3.7m2.5m

Prepaid Expenses

331.6k1.0m

Inventories

1.5m1.7m3.4m5.5m5.4m6.3m14.9m16.3m
Annual
CADFY, 2017FY, 2018FY, 2019

Net Income

(8.4m)(12.6m)(28.0m)

Depreciation and Amortization

1.1m456.8k879.0k

Inventories

(422.1k)150.4k(5.5m)

Accounts Payable

269.4k1.6m2.3m
Quarterly
CADY, 2019

Financial Leverage

1.2 x
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Harvest One Operating Metrics

FY, 2018FY, 2019

Average Cost per Gram Sold

C$6 C$6

Distribution Sites

38 k

Greenhouse Facility Space (Greenbelt), sq. ft.

152 k

Headhouse Space (Greenbelt), sq. ft.

42 k
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Harvest One Acquisitions / Subsidiaries

Company NameDateDeal Size
Greenbelt Greenhouse Ltd.March 29, 2019
PhytoTech Therapeutics Ltd.June 25, 2018
Dreamwater Products Canada Inc.May 03, 2018
Dream Water USAMay 03, 2018
Delivra Corp.
Delivra Inc.
Delivra Pharmaceuticals Inc.
Dream Products Inc.
Dream Products USA Inc.
LivCorp Inc.
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Harvest One Revenue Breakdown

Embed Graph

Harvest One revenue breakdown by business segment: 50.1% from Consumer, 47.8% from Cultivation and 2.0% from Other

Harvest One revenue breakdown by geographic segment: 45.3% from US, 52.7% from Canada and 2.0% from Other

Harvest One Online and Social Media Presence

Embed Graph

Harvest One News and Updates

Harvest One Announces Leadership Changes

VANCOUVER, March 19, 2020 /PRNewswire/ - Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSX-V: HVT; OTCQX: HRVOF) announced today that the Board of Directors of the Company has appointed Andy Bayfield, currently Chief Commercial Officer, to the position of Interim Chief...

Harvest One Provides Strategic Update and Announces Q2 2020 Financial Results

VANCOUVER, March 2, 2020 /PRNewswire/ - Harvest One Cannabis Inc. ("Harvest One" or the "Company") (TSX-V: HVT; OTCQX: HRVOF) today announced its financial and operating results for the three and six months ended December 31, 2019, as well as an update on the Company's strategic plan....

Harvest One Frequently Asked Questions

  • When was Harvest One founded?

    Harvest One was founded in 2017.

  • Who are Harvest One key executives?

    Harvest One's key executives are Grant Froese, Andrew Kain and Aaron Wong.

  • What is Harvest One revenue?

    Latest Harvest One annual revenue is C$11.5 m.

  • Who are Harvest One competitors?

    Competitors of Harvest One include Aphria, Cronos Group and CanniMed.

  • Where is Harvest One headquarters?

    Harvest One headquarters is located at 999 Canada Pl #404, Vancouver.

  • Where are Harvest One offices?

    Harvest One has an office in Vancouver.

  • How many offices does Harvest One have?

    Harvest One has 1 office.