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Insider Buying: Cannara Biotech (CNSX:LOVE) Director Acquires 30,000 Shares of Stock

Insider Buying: Cannara Biotech (CNSX:LOVE) Director Acquires 30,000 Shares of Stock
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Insider Buying: Cannara Biotech (CNSX:LOVE) Director Buys 30,000 Shares of Stock

Insider Buying: Cannara Biotech (CNSX:LOVE) Director Buys 30,000 Shares of Stock
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Cannara Biotech Reports 51% YoY Revenue Increase In Q2, Wider Net Loss - Lovesac (NASDAQ:LOVE), Cannara Biotech (OTC:LOVFF)

Cannara Biotech Inc. announced on Monday its fiscal second quarter 2024 financial and operating results for the three and six-month periods ended Feb. 29, 2024. The company reported a 68% year-over-year increase in revenues for the first half of fiscal 2024, a metrics CFO Nicholas Sosiak called "a testament to our growing influence in the Quebec, Ontario, Alberta, and BC markets." "Our proactive steps towards streamlining assets align with our ambition to fortify our financial foundation as we relentlessly stay focused on gaining market share and becoming the leader in Canada, the second-largest cannabis market in the world," Sosiak said. "As for our long-term vision, we do see our future extend beyond our borders where Cannara is a globally recognized brand synonymous with excellence and value in cannabis." ....

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Cannara Biotech Reports Q2 2024 Financial Results

Net revenue, increased to $19.7 million in Q2 2024 from $13.0 million in Q2 2023, a 51.0% increase.
Gross profit, before fair value adjustments, increased to $7.1 million in Q2 2024 from $4.0. ....

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Cannara Biotech Boasts Strong Q2 Growth

Cannara Biotech, Inc. (TSE:LOVE) has released an update. Cannara Biotech Inc. has reported a significant increase in financial results for Q2 2024,. ....

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