Ayurcann Holdings Corp. (TSE:AYUR) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ayurcann Holdings Corp. has announced a significant surge in its financial performance with gross revenues skyrocketing by 141% in Q2 2024, reaching $10.74 million for the quarter, and an impressive 191% increase for the six-month period, totaling $22.53 million. The company attributes this growth to the launch of 22 new product SKUs in various Canadian provinces and a focus on high-quality, innovative products, including a successful line of flavour-infused pre-rolls. Ayurcann’s continuous efforts to enhance manufacturing efficiencies and expand its market presence underpin these robust results.
For further insights into TSE:AYUR stock, check out TipRanks’ Stock Analysis page.

