iAnthus Capital Cannabis Co. Shares Up Slightly After Revealing 57% Surge In Q2 2021 Revenue Following A Tough Year

Cannabis company Capital Holdings, Inc. (CSE: IAN) (OTCPK: ITHUF) reported its financial results on Tuesday for the three and six months ended June 30, revealing a 57% surge in revenue for the second quarter of 2021, reaching $54.2 million.

Gross profit totaled $31.3 million over the same period, representing a 66% improvement from the corresponding quarter of 2020.

The gross margin was 57.7% reflecting a 3.2% spike from 54.5% in the same period of last year.

The net loss amounted to $15.3 million versus a …

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