• Lumiera Health (NHP) recorded a 30 per cent increase in Q4 2021 versus Q4 2020
  • The company saw a 59 per cent sales increase in November 2021 versus November 2020
  • Sales for the year increased by 10 per cent over 2020
  • Lumiera Health specializes in the development and commercialization of consumer products for the natural health industry
  • Lumiera Health Inc. (NHP) is unchanged on the day, trading at C$0.02 per share at 11:20 am EST

Lumiera Health (NHP) is pleased to announce that the new corporate strategy that was put in place Q1-Q3 2021 has been successful.

Carlos Ponce, CEO of Lumiera Health sat down with Caroline Egan to discuss the results.

Lumiera’s fiscal Q4 was a record quarter with sales up by 30 per cent vs Q4 2020, highlighted by a record 59.3 per cent sales increase in November 2021 over November 2020.

The increase in sales and strong quarter-over-quarter growth was driven by the success of expanded distribution, new digital and retail marketing campaigns, and the performance of a new sales and in-store training team put in place earlier in the year.

Lumiera Health specializes in the development and commercialization of consumer products for the natural health industry. 

Lumiera Health Inc. (NHP) is unchanged on the day, trading at C$0.02 per share at 11:20 am EST.

More From The Market Online

@ the Bell: Markets deeply divided amid Middle East flareup

Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.

Gold penny stock unearths more riches from its assets

Copper and other critical metal prices have also been trending upward, and this all spells good news for the likes of Northstar Gold Corp.
Gold and silver markets

Silver price predictions: Is the 2024 gold and silver rally just starting?

Like birds of a feather, gold and silver have historically flocked together, and the two precious metal mates have found their wings in 2024.

@ the Bell: TSX keeps it just above the flatline

Driven by materials stocks tracking higher metals prices, utilities led gainers on the TSX while energy and industrials led the drop.