That’s an increase of 690% compared to the same period last year.
According to the company’s latest earnings report, the revenue increase is mainly due to new SKUs in the edibles and extracts sectors, and a decline in operating expenses.
Here’s a breakdown of what the first quarter finance report revealed:
- Net revenue increased sequentially by 522% reaching CA$2 million
- Negative gross margin of CA$217,696 versus a negative gross margin …