Invest in the Cannabis Industry with Cannara

We’re changing the narrative in the industry;

We offer premium cannabis, grown from rare genetics, hand-trimmed then slow cured and sold at disruptively low pricing.

We’ve rapidly emerged as one of Quebec’s fast-growing producers and we’ve got a bright future ahead of us.

Q2 2025 HIGHLIGHTS:

  • Record Revenue: Net revenues of $26.6 million in Q2 2025, a 35% increase compared to $19.7 million in Q2 2024, driven by national brand growth and product innovations.
  • Record Profitability: Gross profit before fair value adjustments rose 52% to $10.8 million in Q2 2025 from $7.1 million in Q2 2024, with gross margins improving to 41%.
  • Strong Adjusted EBITDA: Delivered sixteenth consecutive quarter of positive Adjusted EBITDA, more than doubling to a record $7.1 million, up 102% from Q2 2024.
  • Expanding Market Presence: Increased national market share to 3.9% in Q2 2025, up 34.5% from same period of prior year, with notable share gains in Québec, Ontario, and Alberta.
  • Strategic Execution on Track: Achieving Fiscal 2025 objective of activating two new grow zones, with the first brought online in April and the second scheduled for May, bringing total active grow zones to 12 and expanding active canopy by 50,000 sq. ft to over 300,000 sq. ft., supporting annual production capacity of up to 40,000 kg.

Q2 2025 EARNINGS PRESENTATION

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