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Cann Group Boosts Production and Cash Flow Amid Market Challenges
12:22pm on Friday 31st of January, 2025 AEDT
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Healthcare
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Cann Group Boosts Production and Cash Flow Amid Market Challenges
12:22pm on Friday 31st of January, 2025 AEDT
Key Points
Positive operating cash flow of $0.14 million excluding interest
Production increased 26% quarter-on-quarter to 1.28 tonnes
Sales revenue up 39% from prior quarter but down 16% year-on-year
Raised $2 million via entitlement offer, pursuing additional $4 million
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