Kiaro Holdings Corp. (TSXV: KO) (OTC: KIARF) reported its financial results Friday for the three and nine months ended Oct. 31, 2021.
The Vancouver-based company revealed a year-over-year increase of 44% in revenue for the third quarter and 59% for the nine months.
Moreover, with the closing of the acquisition of Hemisphere Cannabis in September and the previously announced closing of Cozy Cannabis deal in July, Kiaro has strengthened its presence in Ontario, including prominent Toronto and Ottawa centers.
The acquisition of Hemisphere Cannabis expanded the company's retail footprint by seven operational retail stores, bringing over 60 employees onboard.
The additional municipal licensed locations set to open by the end of the fiscal year …