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Wednesday, July 27, 2022 8:54:40 AM
Cannara Biotech Inc. Reports Fiscal Third Quarter 2022 Financial Results
Wed, July 27, 2022, 8:00 AM·6 min read
Company recorded a record high of $10.1 million in quarterly revenue and $24.1 million in year-to-date revenue, delivering its fifth consecutive quarter of positive Q3 2022 Adjusted EBITDA of $1.8M with net income of $1.4 million
Valleyfield Facility continues to scale, and the Company now has 6 of its 24 growing zones in full production representing 150,000 square feet of canopy holding over 55,000 plants that can be harvested four times per year
All financial results are reported in Canadian dollars, unless otherwise stated.
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