The Company achieves record annual revenue and Adjusted EBITDA, and delivers positive net earnings with sustained gross profit growth
This news release constitutes a “designated news release” for the purposes of the prospectus supplement of Nova Cannabis Inc. dated July 22, 2022, to its short form base shelf prospectus dated June 27, 2022.
EDMONTON, AB, March 25, 2024 /CNW/ – Nova Cannabis Inc. (the “Company” or “Nova“) (TSX: NOVC) today released its annual consolidated financial statements (the “financial statements“) and management’s discussion and analysis (“MD&A“) for the year ended December 31, 2023. All financial information in this press release is reported in millions of Canadian dollars and represents results from continuing operations, unless otherwise indicated.
“Nova has achieved significant milestones this year, marked by sequential gross profit growth and positive net earnings for three consecutive quarters,” said Marcie…
