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weedisgreen

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weedisgreen

Re: player1234 post# 69352

Thursday, 02/10/2022 8:42:25 PM

Thursday, February 10, 2022 8:42:25 PM

Post# of 70340
Global cannabis net revenue of $60.6 Million
Adjusted EBITDA improved by 22% to a loss of $9.0 Million versus Q1 2022
Company reaffirms goal of adjusted EBITDA profitability by H1/2023
Transformation plan ahead of schedule; company now expects to realize upper end of $60 to $80 Million range in total cost savings by H1/2023; ~$60 million annualized savings implemented to date
Company remains #1 Canadian LP in global medical cannabis; international cannabis revenue increased 24% from Q1 2022
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