Jamieson Wellness Inc. Reports Second Quarter 2017 Financial Results
(WorldNews Canada)

TORONTO--(BUSINESS WIRE)-- Jamieson Wellness Inc. (`Jamieson Wellness` or the `Company`) (TSX: JWEL) today reported financial results for its second quarter and six months ended June 30, 2017. All amounts are expressed in Canadian dollars. Certain metrics, including those expressed on an adjusted basis, are non-IFRS measures. See `Non-IFRS Financial Measures` below. Highlights and Summary of Second Quarter 2017 Results versus Second Quarter 2016 Results Revenue increased 6.3% to $71.3 million and 20.4% after taking into account a new tolling arrangement entered into with a Strategic Partners customer; Adjusted EBITDA increased 25.0% to $15.1 million; Net loss was $7.0 million in the second...