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Leading Cannabis Retailer Quizam ’22 Revenue Hit $6.9M, Growing Profits/Potential Dividend Payout

Posted by Brittany McNabb at 4:24 PM on Monday, May 8th, 2023

A successful licensed cannabis retailer in Western Canada, with a history of triple-digit growth since its inception and inherit expertise in accounting, management, and metrics. Operating 3 major retail locations in British Columbia (had 4) but recently sold one a few days ago in Vernon as it was not performing well.

 

The 3 Retail Locations being:

  1. North Vancouver – No other cannabis store within ½ mile
  2. Keremeos – No other cannabis store within 2 miles
  3. Vancouver – No other cannabis store within 300 meters

$QQ has achieved something that many other cannabis companies have struggled to do, by operating profitably and generating positive cash flow.

 

As of the nine months ending on February 28, 2023, the company has generated revenue of $5.5 million, representing an increase of $577,900 from the previous year.

 

Their retail store philosophy aims to bring together positive energy and individuals who share an interest in cannabis, with the intention of forging meaningful connections to their products.

 

The global cannabis market is expected to see significant growth in the coming years, with the Global Market Expecting:

  • By 2025, the cannabis market to reach $9.2 BILLION
  • By 2033, it’s projected that global cannabis sales will hit $200 BILLION –
  • Cannabis is projected to surpass sales of spirits within the next decade

CANADA

  • The Cannabis industry has contributed $43.5 billion to Canada’s GDP since legalization
  • 98,000 jobs and put $15.1 billion into the government coffer

NOT A ONE TRICK PONY

 

In addition to its cannabis business, it also has a Corporate Learning Division called ‘On-Track’, which boasts 3,000 B2B customers and 82,000 users. On-Track is the number one training provider for Microsoft 365, Adobe Creative Cloud, and Business/Soft Skill.

 

FUN FACT: Statistics Canada data show British Columbians spent more than $314.5 million on legal cannabis products in the first six months of 2022, up more than 24% from the nearly $253.8 million that they spent in the same 6 months of 2021.

 

Not to mention…

 

Canadian adult-use cannabis sales jump nearly 18% in 2022, hitting CA$4.5 billion.

 

That’s not all…

 

Russ dives into what the game plan could look like for Quizam Media in 2023 and talks about potentially splitting the two divisions off into a cannabis division and IT division to create two public companies, which would benefit all shareholders. He speaks about paying a dividend, which would yield 30%.

 

Now, sit back relax and watch this exciting interview with Russ Rossi the CEO of Quizam Media and find out more on the potential company split, dividends, and which courses are in the most demand… trust me, you will be surprised!

 

VIDEO – Quizam Media Corp $QQ.ca $QQQFF Heads to the Cannabis Big Leagues with Green Light for OTCQB Listing $FAF $CLIQ $ISH $SUN.ca

Posted by AGORACOM-JC at 6:23 PM on Wednesday, March 31st, 2021
QQ Quantum1 Quizam

Quizam Media Corp’s (QQ:CSE QQQFF:OTC) wholly owned subsidiary Quantum 1 Cannabis has been experiencing rapid growth across British Columbia.

  • The company opened five stores over the past 12 months…
  • …with a flagship sixth store on the way
  • Quarterly Revenue shot up from $138,000 Nov. 2019 to $954,000 Nov 2020
  • The Firm recently closed a $808,500 private placement…

Now, the cannabis retailer – which puts its history in the education sector at the heart of its commercial operation – is heading to the big leagues.

It began trading on the OTCQB exchange this week, after receiving approval from OTC Markets Group. And that’s just the start of its ambitious plans.

Check out this conversation with Russ Rossi, Quizam Media’s President & CEO:

Quizam Media Corporation $QQ.ca $QQQFF Announces Uplisting to OTCQB Market in the United States $FAF $CLIQ $ISH $SUN.ca

Posted by AGORACOM at 1:27 PM on Friday, March 26th, 2021
QQ Quantum1 Quizam

March 26, 2021 – TheNewswire – Vancouver, BC – Quizam Media Corporation (“the Company”) (CSE:QQ ) (CNSX:QQ.CN) ( OTC:QQQFF) is pleased to announce that it has received approval from OTC Markets Group Inc. (“OTCM”) for is shares to trade on the OTCQB exchange (“OTCQB”) beginning at market open on Monday, March 29th, 2021.

Based in New York, the OTC Markets Group, is an American financial market providing price and liquidity information for over 11,000 securities.

Companies listed on OTCQB must meet high financial standards, and are subject to stringent standards of corporate governance and compliance with securities laws.

Quizam’s listing on OTCQB provides investors the opportunity to benefit from streamlined market standards which enhance the availability of information to the general public, enabling greater transparency.

Read More: https://agoracom.com/ir/QuizamMedia/forums/discussion/topics/758077-quizam-media-corporation-announces-uplisting-to-otcqb-market-in-the-united-states/messages/2309911#message

AGORACOM SMALL CAP 60: Quantum1 Cannabis $QQ.ca $QQQFF: More Than Just A Cannabis Retailer $FAF $CLIQ $ISH $SUN.ca

Posted by AGORACOM at 3:05 PM on Thursday, March 25th, 2021
QQ Quantum1 Quizam

Quizam $QQ.ca $QQQFF Announces $808,500 Private Placement $FAF $FAF.ca $CLIQ $ISH $ISH.ca $SUN.ca

Posted by AGORACOM at 4:02 PM on Monday, March 15th, 2021
  • Quizam Announces $808,500 Financing @ $0.33 with 18 months ½ warrant at $0.60

March 15, 2021 – TheNewswire – Vancouver, BC – Quizam Media Corporation (“the Company”) (C NSX :QQ. CN ) (OTC:QQQFF) is pleased to announce that it has negotiated a non-brokered private placement of 2,450,000 units of the Company at a price of $0.33 per unit.

Each unit will consist of one common share and a 1/2 share purchase warrant exercisable at $0.60 for 18 months.

Read More: https://agoracom.com/ir/QuizamMedia/forums/discussion/topics/757378-quizam-announces-808-500-private-placement/?message_id=2308263#message

Quantum 1 Cannabis $QQ.ca to Open Flagship Location near Oakridge Centre, Vancouver’s Largest Retail and Residential Development $TPX.A.ca $ACB.ca $WEED

Posted by AGORACOM at 10:38 AM on Tuesday, February 16th, 2021
  • The 2,400 sq ft retail location is in one of Vancouver’s most diverse neighborhoods
  • Quantum has 20 days to complete its due diligence and finalize terms

Vancouver, BC – TheNewswire – February 16 th , 2021 – Quizam Media Corporation (“the Company”) (CSE:QQ) (CNSX:QQ.CN) (OTC: QQQFF) is pleased to announce that its subsidiary, Quantum 1 Cannabis (“Quantum”), one of Canada’s fastest growing and leading recreational cannabis retailers, has signed a Memorandum of Understanding (“MOU”) to acquire an approved, municipal cannabis retail location in one of Vancouver’s most diverse neighborhoods at 41 st and Cambie Street in Vancouver, BC.

“This flagship location expands our footprint in the Lower Mainland and has exceptional potential for growth. With over a billion dollars of development being spent at Oakridge Centre, density will significantly increase in what is already a high traffic area,” stated CEO Russ Rossi.  “Our dedicated team of experts is excited to serve our growing base of customers with a service and retail experience unlike anything seen in BC before.”

Under the terms of the MOU agreement, Quantum has 20 days to complete its due diligence, finalize terms in a definitive agreement, and ensure the smooth transfer of all licenses and permits.

The new 2,400 square foot location will feature a full service, recreational cannabis retail experience featuring an upscale, contemporary design and a staff of highly trained cannabis consultants.

Read More: https://agoracom.com/ir/QuizamMedia/forums/discussion/topics/755420-quantum-1-cannabis-to-open-flagship-location-near-oakridge-centre-vancouver-s-largest-retail-and-residential-development/messages/2303833#message

Quizam Media $QQ.ca Launches AGORACOM Platform For Online Marketing And Verified Discussion Forum For Clean Social Media Engagement $WEED.ca $TPX.A.ca $ACB.ca

Posted by AGORACOM at 5:45 PM on Tuesday, February 2nd, 2021
  • Quizam is one of Western Canada’s leading cannabis retail store chains
  • The Quizam HUB, containing multiple landing pages, is live now
  • Russ Rossi, Quizam’s CEO, President & Director, said, “We are confident that AGORACOM will produce for us the same impressive results it has been able to achieve for its other public companies.”

Quizam Media Corporation (CSE:QQ) (CNSX:QQ.CN) (“Quizam” or the “Company”) , a leading producer and service provider of Online Virtual Learning and operator of one of Western Canada’s leading cannabis retail store chains, announces the launch of a 12-month online marketing campaign through AGORACOM for the purposes of targeting new potential investors that would be specifically interested in the Company’s business model, as well as engaging current shareholders. The Company is paying $0 in cash for the program due to AGORACOM’s cashless and fully compliant shares for services program.

SIGNIFICANT EXPOSURE THROUGH AGORACOM DIGITAL NETWORK

In 2019, AGORACOM surpassed 600 million page views, exceeded industry engagement metrics by more than 400% and has served more than 350 public companies.

The Quizam HUB containing multiple landing pages, videos, photos and other helpful information, updated in real-time over the next 12 months, is live now and can be found at: https://agoracom.com/ir/QuizamMedia

The Quizam HUB will receive significant exposure through continuous brand impression, content marketing, search engine marketing and social media engagement throughout the entire AGORACOM network. AGORACOM is the first small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019.

MODERATED DISCUSSION FOR MANAGEMENT AND SHAREHOLDERS

The Company has also launched a “CEO Verified” Discussion Forum on AGORACOM to serve as the Company’s primary social media platform to interact with both current and prospective shareholders in a fully moderated environment.

The Quizam discussion forum can be found at: https://agoracom.com/ir/QuizamMedia/forums/discussion

Russ Rossi, Quizam’s CEO, President & Director, commented, “The launch of this online marketing program is an important step in telling both our shareholders and potential investors about Quizam’s success and growth. We are confident that AGORACOM will produce for us the same impressive results it has been able to achieve for its other public companies.”

AGORACOM Founder, George Tsiolis stated, “Our thesis at AGORACOM is that the cannabis complex is going to begin its next and biggest run in 2021 that will last several years. Much like the Web 2.0 resurgence, the market is going to reward companies with real businesses, results and teams that can capitalize on the industry’s unstoppable growth over the next 20 years.

“Quizam is ideally positioned to participate in this next cycle through Quantum 1 Cannabis and we are proud to take their message to the world.”

Read more: https://agoracom.com/ir/QuizamMedia/forums/discussion