Meta Growth Corp. (fka NACNF)

[DropLine]

National Access Cannabis Generates $17 million in Revenue in Q3 2019. Retail Cannabis Stores Generate $16.8 million in Revenue, and Adjusted EBITDA of $2.3 million.

Q3-2019 Highlights –– Continued expansion in retail cannabis store financial results

Sequential quarterly revenue growth (compared to Q2-2019) of 5.2% at a gross profit margin of 33% compared to 32% in Q2-2019
The Company's retail cannabis stores generated $16.8 million in revenue in Q3-2019, or 5.5% growth compared to Q2-2019. Gross profit margin was 32% in Q3-2019, compared to 31% in Q2-2019.
Retail cannabis stores produced $2.3 million in adjusted EBITDA in Q3-2019, growth of 32.4% compared to Q2-2019. Adjusted EBITDA margin expanded to 14% in Q3-2019, compared to 11% in Q2-2019.
As of the date of this press release, the Company has received AGLC approval for 24 of its 34 retail cannabis store license applications, all of which are operating under the NewLeaf brand.
The Company currently has a portfolio of 34 licensed recreational cannabis retail stores, 24 in Alberta , 9 in Manitoba , and 1 in Saskatchewan .

https://finance.yahoo.com/news/national-access-cannabis-generates-17-110000221.html