Strong Q1 and Muscular Q2 Outlook for Cannabis Edibles Leader

Gross revenue Q1 was $10.6 million, a 2.6% increase YOY as the company replaced over 50% of its net revenue from Wana’s shift to contract manufacturing and a regulatory change with its own core brands, namely Pearls gummies. Post Q1, April 2024 was a record month for net revenue, with growth driven by continued strength in Pearls, revenue from No Future gummies and Indiva Blips ...read more