Company Overview

Company name: Absorbent Concepts
Description: Producer of hemp-based products. The company’s service is engaged in the processing, packaging and distribution gluten-free, organic hemp-based products including hulled seeds, cold-pressed hemp seed oil and high-percentage protein powder.
Year founded: 2013
Parent company:
Industry: Consumer Products and Services (B2C) | Group: Consumer Non-Durables | Code:
Employees: 10
City: Abbotsford
State: British Columbia
Country: Canada
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue/Not Profitable
Ownership: Acquired/Merged
Revenue (USD Million): 0.49
Gross profit (USD Million):
Net income (USD Million) -0.36
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period: FY 2018
Financing Status: The company was acquired by Naturally Splendid Enterprises (TSX: NSPDF) for $640,018 on April 25, 2018. The acquisition will enable the Naturally Splendid Enterprises to strengthen its dealer license application and provide significant resources.
Number of active investors:
Profile last updated: 22-Oct-2018
Last known valuation: 0.50
Last known valuation date: 25-Apr-2018