Invest in the Cannabis Industry with Cannara

We’re changing the narrative in the industry;

We offer premium cannabis, grown from rare genetics, hand-trimmed then slow cured and sold at disruptively low pricing.

We’ve rapidly emerged as one of Quebec’s fast-growing producers and we’ve got a bright future ahead of us.

Q1 2025 HIGHLIGHTS:

Record Revenue: Net revenues of $25.1M in Q1 2025, a 29% increase compared to $19.5M in Q1 2024, driven by strong demand for Cannara’s premium-grade cannabis products.
Record Market Share: Achieved Canadian market share of 4.1%, representing a 28% increase quarter over quarter, and 58% increase over the same period of prior year with gains across all licensed provinces.
Robust Profitability: Gross profit before fair value adjustments grew 23% to $9.8M in Q1 2025 from $7.9M in Q1 2024, with gross profit margins improving to 39%.
Industry Leading Operational Excellence: Delivered fifteenth consecutive quarter of positive Adjusted EBITDA, generating a Company record of $6.0M, in addition to record-high operating cash flow of $5.8M, compared to $0.8M in Q1 2024, and record free cash flow, of $4.6M compared to ($2.0M) in Q1 2024.
Strategic Growth Ahead: Plans to activate two additional grow zones and launch over 20 innovative new products in 2025, positioning the Company for continued leadership in the Canadian cannabis market.

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