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.
Q1 2023 FISCAL HIGHLIGHTS:
• Q1 2023 revenue of $10.3 million, an 56% increase compared to Q1 2022.
• Recorded Q1 2023 gross profit before fair value adjustments of $4 million, an increase of 34% compared to Q1 2022.
• Delivered the Company’s seventh straight quarter of positive Adjusted EBITDA of $1.7 million, a 72% increase compared to Q1 2022.
• Earned net income of $2,951 for Q1 2023.
• The Company has $27.1 million in working capital as of November 30, 2022, which includes $6.8 million of cash on hand.
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