Cann Group revenue climbs 83% but losses deepen to A$18.8 million

Cann Group revenue climbs 83% but losses deepen to A.8 million
CANNANNEW REPORT

Losses at Cann Group more than doubled in the first half of the 2023 financial year as admin, corporate and R&D expenses all climbed sharply. The company reported an operating loss after tax of A$18.84 million, up from $8.3m in the previous corresponding period. More positively, revenue jumped 83% to $5.8m, driven in the main by […]

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Source : Cann Group revenue climbs 83% but losses deepen to A.8 million

reposted by Cannabis News World

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