California Cannabis Co. Gold Flora: 241% QoQ Growth In Adjusted EBITDA, Narrows Net Loss By 21%
Vertically integrated Gold Flora Corporation (CBOE: GRAM) (OTCQB:GRAM) released its financial results Thursday for the third quarter of fiscal 2024.
“Amid the ongoing challenges facing the broader industry, we’ve made significant strides in positioning ourselves for long-term success,” said Laurie Holcomb, CEO and chairman. “We have strengthened our balance sheet through a capital raise, continued scaling the highly successful Gramlin brand, and have further optimized our vertically integrated operations to support our growth initiatives.”
Read Also: Gold Flora’s Q2: A Mixed Bag For Cannabis With EBITDA Down $2M, Margins Up To 57%
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