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YSS sees Q2 revenue increase 12% to $4.7M; expects grow further over quarter


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Click to enlargeCanadian cannabis retailer YSS Corp. (TSX-V.YSS,) reported second-quarter results Wednesday, posting a 12% quarterly increase in revenue to $4.7 million.

YSS, which operates 17 locations across Alberta and in Saskatchewan, also reported a net loss of $1.8 million in the quarter, slightly better than the $1.9 million it lost in the prior three-month period. YSS continued to provide its full-year forecast on Wednesday, expecting revenue to exceed $5.6 million in its third quarter while predicting its gross margin should exceed $1.6 million.

New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.



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