Hempco Food and Fiber Inc. announced earnings results for the first quarter ended November 30, 2017. Revenues of $0.5 million for the quarter ended November 30, 2017 decreased by $2.1 million, attributable to the company's temporary exit from the Korean market and one major US customer seeking alternative third-party supply, offset partially by strong early growth in the company's Canadian and European markets. Net loss for the 3-month period ended November 30, 2017 came in at $0.7 million, a $0.3 million increase due to lower gross profitresulting from the Company`s temporary exit from the Korean market. Additionally, lease costs related to the company`s new Nisku facility were expensed during the pre-production stage, and other costs related to growth initiatives were incurred.