COSTA MESA, Calif., Nov. 15, 2024 /CNW/ - Gold Flora Corporation, ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM) a leading vertically-integrated California cannabis company, today announced that Mark Castaneda has ended his service as a member of the Board of Directors of Gold Flora, effective November 30, 2024. Mr. Castaneda also served as the Chairman of the Audit Committee of the Board of Directors and a member of the Compensation Committee.
Reports $32.6 Million in Q3 2024 Revenue and Adjusted Gross Profit of $21.1 Million, Representing a 65% Adjusted Gross Margin
Achieves Positive Adjusted EBITDA of $2.8 Million
Recent Cultivation Investments Delivered 20% Improvement in Q3 2024 Flower Harvest Yields Compared to Q1 2024
Conference Call to be Held November 14, 2024, at 6:00 p.m. (Eastern Time)
COSTA MESA, Calif., Nov. 14, 2024 /CNW/ - Gold Flora Corporation, ("Gold Flora" or the "Company") (CBOE: GRAM) (OTCQB: GRAM) a leading vertically-integrated California cannabis company, announced its financial results for the three month period ("Q3 2024"). All amounts are expressed in U.S. dollars.
COSTA MESA, Calif., Nov. 6, 2024 /CNW/ - Gold Flora Corporation, ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM) a leading vertically-integrated California cannabis company, today announced it will report financial results for the third quarter ended September 30, 2024, on Thursday, November 14, 2024. The Company will host a conference call to discuss the results on November 14, 2024, at 6:00 p.m. Eastern Time.
COSTA MESA, Calif., Nov. 6, 2024 /CNW/ - Gold Flora Corporation, ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM) today announced that the Court of Chancery of the State of Delaware has granted a stipulation and order, and an interim report (the "Report") has been filed, staying the previously announced temporary appointment of a limited purpose receiver. The appointment was made for the purpose of negotiating a payment plan for law firm fees relating to the matter between two groups of former directors of Left Coast Ventures ("LCV"), a subsidiary of the Company. Pursuant to the Report, the limited receiver stayed the limited receivership, conditioned upon the Company's compliance with the payment plan and satisfaction of any future advancement demands brought by the former directors.
COSTA MESA, Calif., Oct. 23, 2024 /CNW/ - Gold Flora Corporation, ("Gold Flora" or the "Company") (Cboe Canada: GRAM) (OTCQB: GRAM) today announced that the Company's common shares have been approved to quote on the OTC Market's Group Inc.'s OTCQB Venture Market (the "OTCQB") in the United States, under the ticker symbol "GRAM", effective as of the open of trading today.
"This has been a very productive year, and I'd like to thank our team for their efforts to restore our OTC listing," said Laurie Holcomb, Chief Executive Officer and Chairman of Gold Flora. "Recommencing trading on the OTCQB will make it easier for a broader base of potential U.S. investors to invest in Gold Flora and participate in our long term success."
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