Auxly Cannabis Group (TSE:XLY) has released an update.
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Auxly Cannabis Group reported a record-breaking third quarter in 2024, with net revenues hitting an all-time high of $33.3 million, an 18% increase year-over-year. The company also achieved a significant milestone with a 60% quarterly rise in adjusted EBITDA, reaching $8.3 million. Auxly’s strategic focus on key products like dried flower, pre-rolls, and vapes has bolstered its market position, showcasing strong national sales growth.
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