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.

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FOURTH QUARTER FINANCIAL HIGHLIGHTS:

Record Q4 and year-end total revenues of $23.4 million and $82.2 million, representing a 28% and 43% increase compared to the same periods in 2023.
Robust growth in Q4 over Q3 2024, with total revenues increasing by 20%, operating income by 42%, Adjusted EBITDA1 by 33%, net income by 184% and free cash flow1 by 117%.
Delivered a fourteenth consecutive quarter of positive Adjusted EBITDA1 of $3.7 million.
Operating cash flow surged 81% year-over-year to $10.7 million for fiscal 2024, while free cash flow1 reached $3.2 million, reflecting a $7.2 million improvement from the prior year.
Reached a national market share of 3.2% in Q4 2024, a 39% increase from the prior year, with a leading 11.9% market share in Québec, marking the Company as top 3rd in the province3.
Two Valleyfield grow zones planned for fiscal 2025, activating an additional 50,000 square feet of canopy, bringing its estimated total annual cannabis production to just under 40,000 kg.