Ayurcann Cannabis Co. Reports 28% YoY Net Revenue Growth In Q1 With Strong Performance In Vapes And Pre-Rolls
Ayurcann Holdings Corp. (CSE:AYUR) (OTCQB:AYURF), a Canadian processing and manufacturing company specializing in cannabis 2.0 and 3.0 products, announced on Thursday its first quarter financial and operational results for the three months ended Sept. 30, 2024.
The Toronto-based company highlighted a 25% year-over-year increase in gross revenue, strong gross margin and top market presence in the vapes and pre-roll category in Ontario during the period.
Ayurcann noted that fiscal 2024 and the beginning of fiscal 2025 was a pivotal time for the company and the broader cannabis industry in Canada. CEO Igal …